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According to an article in The Nevada Independent a IRS advisory council suggested that the current threshold of $1,200 be increased to $5,000. This would be a major improvement for casino operators and ease their compliance burdens with the burdensome IRS regulations. However, the change would require additional labor costs for technicians, since they would need to reset machines to accept the new limits, forms would need to be printed again, and systems would need to be upgraded.
