Request Your
Win/Loss Statement
Frequently Asked Questions
When may I request a win/loss statement?
You may request a win loss statement for the previous year starting in January. (For example, you may request a win loss statement for 2018 starting on January 1, 2019.)
How long does it take after I request my win loss statement to be completed?
It will take approximately 10 business days to process your request
How do I read this statement?
The gaming history statement is an accumulation of slot and table play while using your MBC player’s club card. This accumulation includes wins and/or losses while using your player’s card.
May I get a total of just my winnings and just my losses?
Because the totals are an accumulation of play while using your player’s card, the totals cannot be separated
May I get a statement that shows coin-in and coin-out?
It is Magnolia Bluffs Casino policy that this information will not be included on your statement. The IRS recommends that you keep a diary for this purpose.
May I get a statement that only shows my last visit?
No, Magnolia Bluffs Casino only prepares a yearly statement upon request in the following year.
What is the difference between Gaming History (win/loss) Statement, W2G and 1099?
Gaming History Statement gives information that may be used when filing taxes, W2G is the reportable tax amount given to the IRS, and 1099 is the reportable promotional gifts and/or winnings reported to the IRS
Are all Slot jackpots reported to the IRS?
A Slot jackpot is only reported to the IRS if it is over $1,199.99.
Is the W2G total in my win/loss total?
Yes. Because this is an accumulation, the number is already included.
May I get a copy of my W2G?
Yes, email Magnolia Bluffs Casino at info@magnoliabluffs.com
Where may I find additional information on W2G tax reporting.
www.irs.gov