In November 2009, the Internal Revenue Services launched its latest National Research Program (NRP). This NRP is focused on conducting detailed examinations of employment taxes. Approximately 5,000 or more employers will be randomly selected for audit. In addition to potential “assessments,” these audits will provide the IRS with a statistical sample of overall employment tax compliance.
This is the first in a new series of articles on gaming floor analysis; in these articles we will first discuss the analytical building blocks that can be used to decode the interactions between gaming devices on the casino floor. These building blocks include fuzzy spatial association rules, gravity modeling, visual representation, experimental design, mini casino management and social network analysis.
The certainty of taxes is premised on a system of taxation that produces predictable results arising from a particular form of a transaction. The U.S. system of taxation, while demanding “voluntary” compliance (with “demand” in the form of a hammer to impose penalties for noncompliance), is a rule-based system.
By Glenn Light, Karl Rutledge and Quinton Singleton
Author:
Glenn Light, Karl Rutledge and Quinton Singleton
With more and more third-party operators taking over restaurants, lounges and pools at casino properties, it’s up to the licensee to ensure that no one cuts corners when it comes to compliance.
2009 may very well go down in history as a watershed year. It has not only brought seismic changes in the politics of the United States, but it also has been accented by an economic recession. With several favorable provisions about to expire, now is the time to examine your current tax position and assess whether steps should be taken to minimize your tax liability for 2009.
The last thing cyberspace needs is another networking website, but between budget cuts and cancelled conferences, dedicated online networking is exactly what the gaming industry could use. But instead of social networking, we need serious networking—we already have plenty of venues on which to post our vacation pics, thanks. Enter the ACEME Network, www.acemenetwork.org.
Innovative companies are the most likely to thrive post-recession—but only if their IP is well protected from knock-offs and pretenders. In addition to the increase in innovation, others in the gaming industry have enlisted the courts to help protect the value of their already patented innovations by filing patent infringement actions to stop the unauthorized use of their technology and to seek compensation for such improper use.
Views and opinions on the state of gaming in Mexico vary widely. Some are favorable due to the prospects for growth, but others reflect concern about the country’s weak regulatory foundation, legal uncertainty and lack of enforcement. Mexican gaming advocates have long fought illegal operators and political corruption, but now a new tax increase is threatening to undermine their progress.
Known for his outlandish promotions and ideas, Bob Stupak, developer of the Stratosphere Casino Hotel and Tower, has passed away. Bob Stupak was a lot of things, but today we’re remembering him for his contribution to the Las Vegas skyline—a very tall contribution. One that stands 1,149 feet high and is topped by two observation decks, a restaurant and a rollercoaster.
While it comes to measuring the success of your marketing promotions, would you rather rely on luck or business intelligence? If you picked BI, this one’s for you. Here is the fourth part in our five-part series titled Who is Due Back?
