Monday, April 13, 2015

WEEK 2 DISCUSSION QUESTIONS

Chapter 5 Nevada Gaming Regulations -
      * Describe the standards by which the GCB and NGC evaluate the character and personal attributes of gaming license applicants.

Gaming Control Reporting  IRS Receipts -
      * Explain the use of the W-2G and 1042 forms for IRS receipts withholding.

Gaming Control -
      * Describe the differences between Restricted and Non-restricted gaming licenses in Nevada.

Currency Reporting -
      * What are the primary purposes for currency reporting?

Gaming Taxes -
      * How does the gaming tax structure and guidelines differ in Atlantic City, New Jersey as compared to that of Nevada?

Chapter 8 Currency and Suspicious Activity Reporting -
      * Name and describe 5 suspicious activity transactions that would warrant Suspicious activity reports.