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Automatic w2-g when you win more than $10k at a table?

John F. Thomas, Jr., Esq: wrote: “Whether you win $10K at the tables, or pay
off a $10K marker with cash, or buy-in $10K worth of chips without a marker,
the Casino needs to file a "Currency Transaction Report by Casino" ("CTRC"),
IRS Form 8362, with the Department of the Treasury.”
Yet another fine example of legislators passing abstract rules that are out
of touch with reality. There is no way to supervise, control or enforce the
first situation, unless a high roller is asking to be reported.

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