There is a problem with counting lost free play the same as lost cash. From
an accounting and tax point of view the $200 coupon cannot be counted as a
loss until it has been counted as a $200 gain as income. All of a person's
money has to come from somewhere and technically be accounted for. A coupon
from Caesars is not money and clearly says so on the coupon. If you lose
the coupon (in a machine or otherwise) you have lost no money. If you leave
coupons at home or let them expire you have lost the opportunity to play
for free but you have not lost anything from an income point of view.
Joel P.
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Posted by: Joel Prickett <joejavinn@gmail.com>
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