Casino loyalty schemes have transformed considerably over the past decade, becoming vital tools for attracting and keeping players. In 2023, a report by the American Gaming Association revealed that nearly 70% of casino earnings comes from loyal customers, underscoring the significance of these schemes....

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In other words, you would only owe $800 to the federal government. Income taxes in the U.S. are calculated based on tax rates that range from 10% to 37%. Taxpayers can lower their tax burden and the amount of taxes they owe by claiming...