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Thread: Flying Stupidity? Money Laundering? Or…? At Stage Door in Vegas

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    Flying Stupidity? Money Laundering? Or…? At Stage Door in Vegas

    Stage Door Casino, a small bar just off the strip on Flamingo, recently posted 2 “jackpots” on video Blackjack of $1600 each. In one case the initial bet was $400 with a double down for a hit of $1600 with the $800 bet and in the second a straight $800 bet hit for again $1600.

    So they created W2G’s for bets where 1/2 was their original bet. Was this the intention? It’s a little early in the year to be needed for tax time so what are the thoughts? And beers are $1 so comps aren’t a thing here.

    Note Stage Door is a unique place attracting ALL types so everything can be considered including an idiot with more money than brains but I’m thinking there is more to this. To each his own for his reasons, but interesting to see them publicly posted by Stage Door like they are some big hit.

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    Bronze Drawingdead's Avatar
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    Stage door is a dump, although last time my wife and I were there we watched these 2 girls finger each other, that was pretty cool and they were hot.
    Eat the booty like groceries

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    In both cases neither shouldve been a W2G generator. The actual WINs in both cases were below the $1200 threshhold as the wins were both $800. This is one reason that adds to the the threshold is set too low argument of many gamblers. Secondly it seems absurd to have to jump through hoops for filing this crap when its a net of $800 in each case. I dont know how any money laundering comes into play here however so thats not a motive.

    The reason I bring up the net win thing is that it would literally require them to have somebody generating W2-Gs all day long nearly every spin in a high stakes slot room as anybody could lock a machine with a small win betting $100 a credit on a multiline machine.
    Last edited by Ryback_feed_me_more; 01-30-2023 at 02:48 PM.

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