When you visit a casino, all the action appears to be happening at the tables. But when it comes to ease of play and popularity, slots come out on top. In fact, casinos dedicate roughly 80% of their gaming floor to slots. Only 20% is for table games.

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The reason? Slots are more popular and account for more revenue than all other gambling sources combined. And for good reason. Playing a slot machine doesn’t require any gambling knowledge. On top of that, you can bet as little as $0.01.

What slots and table games have in common, however, is the enforcement of a withholding tax. If you’re one of the millions who visits Las Vegas annually, you need to remember that your winnings could be subject to a 30% withholding tax by the Internal Revenue Service (IRS).

Fortunately, Refund Management Services (RMS) can help you reclaim a portion or all of your withheld winnings.

Finding the Loosest Slots in Las Vegas

It’s not hard to find a slot machine in Nevada. In fact, there are over 490,000 slots and gaming machines in Clark County alone (the county where you find Las Vegas). And they’re not just located in casinos. You can find slot machines in the airport, gas stations, and convenience stores.

What is hard, though, is finding slot machines with the best payouts. After all, no one likes to go into a casino and lose $100 on the slots in 30 minutes. The goal is to win, or at least make your money last longer.

Thanks to increased competition in gambling hubs like Las Vegas, Reno, and Atlantic City, casino operators are battling for customers. To keep customers coming back, many casinos are increasing the number of jackpots at their slot machines.

All slot machines work on a payback percentage that the casinos can set. They can make a slot machine tight or loose. Loose slot machines increase the chances of a player hitting a payout. This creates excitement and helps keep players in their seats on the gambling floor.

For slots aficionados, it’s all about finding the loose machines. Not surprisingly, casinos do not advertise which machines are loose or the payout percentages of individual machines.

But that doesn’t mean you can’t do a little digging and find out which kinds of slot machines have the biggest win percentages. It turns out, you need to spend money to make money in Las Vegas.

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Statistics from the Nevada Gaming Control Board show which slots offer the best payouts in the order of the denomination played. In June 2016 in Clark County, Megabucks progressive slots posted the worst win percentage at 85.15%.¹

What that means is, for every $100 you spend, you can expect to win $85.15. Megabucks progressive slots generally have the worst win percentage because the huge jackpot outweighs the bad odds.

The best win percentages came from high-roller slots. Slots that accept denominations of $5, $25, and $100 returned 94.05%, 94.97%, and 94.35%, respectively. While you can lose your money faster with high-roller slots, the payout percentages are always better (on all slots regardless of the denomination) if you get the maximum amount on each spin.

The most fruitful games, when it comes to odds and cost, are the nickel and quarter slots. In June, nickel slots had a win percentage of 94.2% while quarter slots paid back 93.06%. Next to Megabucks, penny slots have the worst win percentage, returning 88.83%.

Casinos with the Most Slots in Las Vegas

The Orleans Hotel and Casino

The Orleans is a Mardi Gras-themed casino hotel located a few minutes west of the Strip. The casino floor covers 137,000 square feet and has over 2,600 slot machines. There is also a high-limit slot salon.²

The casino also has over 60 table games and a 35-table poker room. You can also find a seat in the 125-person race and sports book with 13 betting windows.

MGM Grand Las Vegas

The MGM Grand is located at the south end of the Strip. It’s easy to spot the MGM Grand casino—it’s a massive emerald-coloured complex with a 45-foot bronze lion out front.

The MGM Grand covers over 170,000 square feet and has 3,000 slot machines (with denominations ranging from $0.01 to $1,000. There are also around 200 table games, a 24-hour poker room, and a race and sports book.³

Sam’s Town Hotel and Gambling Hall

Sam’s is a sprawling casino resort 10 km east of the Strip. The 120,000-square-foot casino is spread out over three floors where you’ll find over 3,100 slot machines, 50 table games, an 11-table poker room, a 570-seat bingo room, and a 60-screen race and sports book.⁴

Casino Slot Winnings Subject to 30% Withholding Tax

Non-U.S. residents who win a significant amount of money playing the slots at any casino or gaming facility in the United States are subject to a 30% withholding tax by the IRS.

In the U.S., winnings from casino games and other games of chance (racetrack, game show) are considered income. If you win $2,000 playing the slots, the casino will pay you $1,400. The IRS keeps the rest. But if you live in a country like Canada, which has signed a U.S. tax treaty, you may be eligible for a refund.

There are a number of countries that currently do not have a U.S. tax treaty. However, if you reside in any of the following countries, you could still be eligible for a refund: Australia, Bahrain, Barbados, Brazil, China, India, Indonesia, Israel, Kuwait, Mexico, Malaysia, Monaco, New Zealand, Norway, Saudi Arabia, Singapore, South Korea, Switzerland, Taiwan, Thailand, and the U.A.E.

To see if you meet the criteria and are eligible to get some or all of your withholding tax back, contact RMS.

RMS, the Easiest Way to Get Your 30% Withholding Tax Back

If you’ve visited the U.S. and had 30% of your casino winnings held back by the IRS, Refund Management Services (RMS) can help you reclaim a portion or all of your taxable winnings.

Founded by a Canadian chartered accountant, RMS is Canada’s most reliable and experienced gaming and casino tax refund provider. Over the years, RMS has helped thousands of people around the world recover taxes on their U.S. gaming wins. We’ve also never been refused an eligible refund.

Only RMS has the One Simple Step^TM process with an easy online form to fill out. After you complete the form, our customer service agents take care of the rest, processing and submitting it to the IRS. It can take a minimum of one year for the IRS to review the claim and for RMS to receive the refund.

Contact RMS today by calling our toll-free number at 1-855-860-2610 or by e-mailing us at [email protected].

Sources:

1. “June Gaming Revenue Report,” Nevada Gaming Control Board web site; http://gaming.nv.gov/modules/showdocument.aspx?documentid=11262.
2. “Play,” The Orleans Hotel and Casino web site; http://www.orleanscasino.com/play.
3. “Casino,” MGM Grand Las Vegas web site; https://www.mgmgrand.com/en/casino.html.
4. “Play,” Sam’s Town Hotel and Gambling Hall web site; http://www.samstownlv.com/play.

If there’s one thing Vegas does best, it’s big casinos. And they don’t get much bigger than the MGM Grand.

Designed from the outset to be biggest and best casino on the Strip, the MGM Grand covers a 6.6 acre area. This makes it the largest hotel resort in the USA, and the third largest in the world.

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Indeed, so large is it that it even has its own dedicated registration/check-in facilities at nearby McCarran International Airport.

The biggest and the best

The vision behind the MGM Grand was nothing if not bold. When the project was commissioned, its objective was to create the single biggest resort hotel in the world – something it was able to duly realise when it opened its doors in December 1993.

The MGM Grand stands on the site formerly occupied by the Tropicana Country Club and the Marina Hotel, with the latter forming part of the MGM Grand’s ‘West Wing’ accommodation. However, during its early years, it did suffer from something of an identity crisis.

In a bid to attract more families, the hotel and casino were build adjacent to the MCM Grand Adventures theme park, and a strong Wizard of Oz theme was prevalent throughout. Sadly though, this didn’t have the desired impact, and by 2001, the theme park had been closed and the Wizard of Oz theme axed in favour of African, Hollywood and Carnival themes.

An amazing place to gamble

Befitting its brief, the MGM Grand has one of the largest casino floors on the Strip. This is some 171,500 square feet (15,930 m2) in size, and offers 139 table games and a whopping 2,500 slots.

Slots are a major draw at the MGM Grand, with the amounts accepted by its machines varying from $0.01 up to $1,000. Naturally, many of these offer progressive jackpots which pay out over $700,000 daily. And for the true slots connoisseur, there are high-limits slots where pay outs can be as high as $500,000.

There are, of course, other games though. And the range of table games on offer includes:

• Let it ride poker
• Crazy 4 poker
• Casino war
• Texas hold ‘em poker

And for those who enjoy sports betting, you’ll find its 300 square feet sports and race betting facilities perfect if you find yourself in the mood for a flutter.

Eat, drink and be entertained

If there’s one thing you won’t be short of at the MGM Grand, its ways to entertain yourself, irrespective of whether you’re a gambler or non-gambler.

Whether you’re looking for a quick bite to eat and a frothy coffee, or a refined evening meal, MGM Grand’s array of 22 restaurants, cafes and diners cater for all palettes and whims. And if you don’t want to go out, you can always order food straight to your room using the 24-hour room service.

The hotel itself boasts an enviable selection of amenities, including five swimming pools, three whirlpools, a river and waterfall, and spa and salon.

Alternatively, you may wish to take in one of its many shows and events. Marvel at the death-defying stunts of the Cirque du Soleil, take in a sports event or concert at the MGM Garden Arena, laugh yourself silly in Brad Gassett’s Comedy Club, or have your brain pushed to the maximum in CSI: The Experience. All these, and more, are available at the MGM Grand.

And for those of you who wish to party the night away, you can do so in the hotels bars and night clubs, or head over to the pool for one of its pool parties.

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America’s biggest hotel

Given that it’s the single biggest hotel resort in the US – it has some 6,852 rooms – it’s hardly surprising that the MGM Grand offers a wide array of rooms to suit most budgets.

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Even the most basic rooms come with a flat-panel TV, a DVD player and high-speed internet access. While for those looking for the last word in luxury, the Skyloft penthouses – which span two whole floors and several rooms – offer uncompromising luxury, right down to your own personal butler and concierge.

MGM Grand facts and figures

Finally, here are some facts and figures relating to the MGM Grand:

• Address: 3799 Boulevard South, Las Vegas
• Opened: December 18, 1993
• Total gaming space: 15,930 m² (171,500 sq ft)
• Total number of rooms: 6,852
• Smoking: yes
• Number of slots: 2,500+
• Parent company: MGM Resorts International

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For more information, including how to book your room, please visit the MGM Grand Las Vegas official website.