Re: LV Win/loss Statements... I need a re-fresher
Hi Chris, Gaming machine wins/loses are pretty much an exact science, coin in vs coin out. Table games are a little different, you usually have an overworked floorman trying to watch six games at one time. Therefore most table game wins and loses are nothing more than an educated guess. This is not exact and a gaming company will not give a written statement. That is why table game comps are figured on theoreticle wins/loses. Your situation is not totally hopeless, the IRS accepts very detailed journals, check with your accountant. Hope this helps, Regards, Jim