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Are Cash Back and Free Play Rebates?

31 December 2006

By Frank Scoblete

Frank,

Since you consider comps as rebates based on your play, and therefore not taxable, what about cashback and free play?

Bob

Dear Bob:

I would guess that cash back and free play are also rebates. However, I am not a tax attorney so that is just my opinion.

I am giving you a free month on our members only site at www.goldentouchcraps.com. You might want to ask your question there and see if some of the attorneys have different answers.

All the best in and out of the casinos!

Frank Scoblete

This article is provided by the Frank Scoblete Network, John Robison managing editor. If you would like to use this article on your website, please contact Casino City Press, the exclusive web syndication outlet for the Frank Scoblete Network.
Frank Scoblete
Frank Scoblete is the #1 best-selling gaming author in America and executive director of Golden Touch - which teaches classes in advantage methods for beating craps, blackjack, Pai Gow poker, video poker and some select slot machines.

His newest books are Casino Craps: Shoot to Win! (which comes with a DVD of unedited controlled dice throws) and Beat Blackjack Now: The Easiest Way to Get the Edge! both published by Triumph Books, a division of Random House. Another recent book is The Virgin Kiss. His new DVD is Golden Touch: Beat Craps by Controlling the Dice shows 200 unedited controlled dice throws. Frank's books and DVD are available at Amazon.com, in bookstores or by mail order. For a free brochure or to order by phone, call 1-800-944-0406 or write to: Frank Scoblete Enterprises, P.O. Box 446, Malverne, NY 11565.

Frank Scoblete Websites:

www.goldentouchcraps.com
www.goldentouchblackjack.com

Books by Frank Scoblete:

The Captain's Special Report

> More Books By Frank Scoblete