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A win/loss statement is an accounting provided by a single casino that states the player's wins and losses while gambling there, according to Trib Total Media. The casino ties the win/loss statement to guests' players cards, so they are sometimes inaccurate. Many casinos allow guests to log in to the casino website to view their win/loss statements, notes Total Rewards. Gamblers use win/loss statements as a way to keep track of their net win or loss for the year, for tax purposes, states Trib Total Media.

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Even casual gamblers can deduct their losses from their wins when they submit their federal tax returns. Federal tax returns do not allow taxpayers to claim a net loss when filing their federal tax returns, and state tax laws differ on reporting gambling income. As of 2015, casinos report to the IRS on a Form W-2G any wins that meet or exceed $1,500 playing slot machines, $1,200 playing keno and $5,000 playing poker.

The Internal Revenue Service does not require taxpayers to submit their win/loss statements when they file taxes, notes Trib Total Media. However, if they intend to claim their losses to offset the tax on their winnings, they must have an accurate log to substantiate their math. For gamblers who want to keep their own logs, the logs should state the date, time, casino name, machine or game played, the length of time spent gambling, and the net loss or win for the session.

Do I have to wear a mask to enter Miami Valley Gaming? Yes, all guests wishing to enter Miami Valley Gaming must wear a mask. These facial coverings must snuggly fit over your chin, mouth and nose. If you do not have a mask, our friendly MVG team members will give you one. If you are smoking, drinking or eating, please re-apply your mask immediately after you’ve completed one of those activities. What safety changes have you made to help lessen the spread of COVID-19? There are thermal scanners at the entrance for a quick, easy temperature check. If your temperature is not below 100.4 degrees MVG will provide a “cooling off” area right inside the front entrance. Many of your favorite games are available, however, we have temporarily placed nearly half of the machines out of order to create the necessary social distancing.

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Social Distance floor stickers have been added in areas where guests queue. CDC and Responsible Restart Ohio signage is available for review on doors, walls, our website, stanchions, racing, cage, club and restrooms. Every employee returning to work received enhanced COVID-19 training.

Every team member at MVG is part of (participates daily in) of our Enhanced Cleaning and Sanitizing Procedures Program. We have over 50 hand sanitizer units located throughout the gaming floor and at all entrances and high-touch locations.   Glass partitions have been added to the cage, bars, restaurants, player’s club, racing desk and other employee areas to protect people.  

Appropriate masks are required for all MVG team members and as well the patrons. These masks must fully cover your mouth, nose and chin.

All team members are temperature checked prior to work and we’ll ask that patrons do not enter the facility if they are experiencing any of the COVID-19 symptoms. A: All guests wishing to vape must go to either the north or south smoking patios Q: Will wheelchairs and/or mobility scooters be available? Finally, we will continue to monitor and respond to CDC and local health guidelines to protect our team members and the public. A: At this time wheelchairs and mobility scooters will not be available. Q: What will happen to my Miami Valley Gaming, Most Valuable Gamer Club Tier Status Points for July 2020?

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A: Everyone will maintain the same Tier Status they enjoyed through March 13th, 2020 until the end of the 2020. We will postpone Tier downgrades until January 1, 2021. Upgrades however will be awarded from now until the end of 2020 as you achieve the higher point levels. Q: What will happen to my Miami Valley Gaming, Most Valuable Gamer Club Tier Status Points for January 2021? A: All Most Valuable Gamer Club Tier Status Points from Jan 1st 2020 through December 31st 2020 will be used to calculate the January 2021 Club status. We are excited to offer extra tier point accruals to our usual 6 month earning (Jan 1st 2020 – June 30th 2020 July 1st 2020 – December 31st 2020). Upgrades will happen as you earn enough points from now until the end of 2020 Q: Will my VLT Points or Comp Dollars expire?

A: VLT Points and Comp dollars will stay active until December 31st, 2020. However at the end of the 2020 any guest without play from January 1st 2020 to December 31st, 2020 will have their VLT Points and Comp Dollars expired. Q: How can I find out about upcoming Miami Valley Gaming promotions and offers?