Casino says woman's $8.5 million win is 'malfunction'
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I do not play games of "chance", mainly because the odds of winning are based solely on chance
So if the mahine says she won X amount, well as far as I'm concerned, she won X amount............
No, the casino has their own rules. In this case, the player didnt win the max, but deserved much more than her 80.00
The real question comes down to who regulated the gaming laws in Washington state. I assume that this is a Native American casino. So, I don't know who sets the regulations.
If the Max payout was 20K, that's what she would,/should have received in a logical world
That is not how it works in Nevada, the system computer tracks every result -that trumps screen display. These kind of incidents are fairly common, just google it and you will see.
You tell me; you are the tax phd.
If government allows; it's following the law...OK.
If you are asking whether or not it is moral...go back to the beginning and ask if taxes are OK.
A gambling casino never loses. If it was profitable for everyone to gamble casinos wouldn't be in business. If the casino can regularly draw a large crowd cash is flowing like water inside, especially when they have a theater for shows and the like. A big name hotel helps as well.
Casinos rake in cash and casinos pay taxes.
Any real casino could pay her off and barely feel it.
The point that I was trying to make was related to this statement:
Quote:
It's a loss, they can claim it on their taxes.
While I am sure you understand how this works, you would probably be surprised at the number of people that I come across that believe that being able to deduct something on their taxes somehow means that they somehow don't actually pay for it.
If the Max payout was 20K, that's what she would,/should have received in a logical world
From the linked article:
Quote:
Casino officials said even if the machine showed $8 million, the max payout is $20,000 based on the amount of her bet. And the payout for what her screen showed was just over $10.
If the machine were working properly, her bet would have won her $10. How is that your "logical world" view says she should get $20K?
If the Max payout was 20K, that's what she would,/should have received in a logical world
She didn't hit the jackpot, it was only $10.50
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