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Old 04-19-2007, 09:36 PM
rgold79 rgold79 is offline
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Join Date: Nov 2006
Posts: 187
Default Re: A List of the Best Overall Hold \'em Tournaments in Las Vegas

[ QUOTE ]
If you play at a Harrahs property (Caesars, Rio, Harrahs, Ballys, Paris, Flamingo, etc), and win a tournament with winnings over $599, you will be subject to a 30% withholding. MGM Mirage properties as well as Venetian do not require the withholding.


[/ QUOTE ]

For clarification, they are withholding 30% of your prize and then giving you the remaining 70% of your winnings? Or, they are giving you the full amount of your winnings and also filing appropriate paperwork with the IRS? Might be me but I am finding this unclear.
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