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How Does a Win/loss Statement From a Casino Work ...
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W2G, 1099 OR WIN/LOSS STATEMENT REQUEST In order for Little River Casino Resort (LRCR) to release this information, each customer is required to submit a signed “W2G, 1099 or Win/Loss Statement Request Form.” Only official request forms will be accepted for processing.
The casino ties the win/loss statement to guests' players cards, so they are sometimes inaccurate. Many casinos allow guests to log in to the casino website to view their win/loss statements, notes Total Rewards. Gamblers use win/loss statements as a way to keep track of their net win or loss for the year, for tax purposes, states Trib Total Media.
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