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Even if you do not win as much as the amounts above, you are still legally obligated to report. You also need to report any awards or prize money you won during the year in question. Yes, even if you only win $10, you still technically have to report it (even if the casino didn’t).
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You can be barred from playing for winning too much. A casino is a business, and like any good business, the managers watch the bottom line. In most gaming jurisdictions (Not in Atlantic City) a player who is suspected of being an advantage player (shuffle tracking, ace tracking, card counting) may be barred from playing specific games.Some properties have even changed their rules of play for ...