Tax related question

[SheetWise]

Jimbo -- You're confusing buying-in with cashing-out. Cash a customer gives to a casino is different than cash a casino gives to a customer, for reporting purposes. OP was specifically asking about cashing out. I'm aware that a lot of clubs and banks request information they're not required to collect, because they have internal policies designed to protect themselves -- but the truth is that if they are not required to collect it, you have no obligation to provide it.