Commercial Casinos Energy Policy Act Tax Opportunity

The Casino Environment

Before the recent economic downturn, commercial casinos collected at least $30 billion in revenues each year from 2005 through 2008.1 During this period, US casino owners built new facilities and expanded the size of their existing facilities. As a result of the economic downturn, new US commercial casino construction has come to a screeching halt and casino operators are now focused on existing facility cost reduction. Slot

The Section 179(D) Tax Provisions

Increasingly, casino operators are taking advantage of the EPAct IRC section 179(D) commercial building energy efficiency tax provisions, which have been extended through 2013. EPAct tax deductions are available for qualifying energy reductions in lighting, HVAC(heating, ventilation, and air conditioning), and building envelope. (Building envelope consists of the building’s foundation, walls, roof, windows, and doors, all of which control the flow of energy between the interior and exterior of the building.)

The Nature of Casino Properties

Commercial casinos often encompass hotel resorts, which offer attractive packages of services for their corporate and family customers. Casinos are particularly suited to EPAct because of their large gaming floors, hotel occupancy rooms, meeting halls, and parking garages. Each of these features typically consumes large square footage and the EPAct benefit has a potential for up to 60 cents per square foot for each of the three measures described above. Some of the smallest commercial casinos are about 50,000 square feet while most American casinos are typically over 100,000 square feet. One of the largest ones, MGM Grand on the Las Vegas strip is almost 2 million square feet. Hotels themselves are the most favored of Section 179 building category. (See “Hotels and Motels Most Favored Energy Policy Act Tax Properties”)

It is common to think of commercial casinos as located in two states Nevada and New Jersey. While it is true that these two states have the largest commercial casino revenues, there are 12 states with commercial casinos in the United States, the other commercial casino states are: Colorado, Illinois, Indiana, Iowa, Louisiana, Michigan, Mississippi, Missouri, Pennsylvania, and South Dakota. Members of the American Gaming Association have publicized some of their commitments to energy reduction. Reporting casinos include Boyd Gaming Corporation, Harrah’s Entertainment, Inc., and MGM Mirage. They have projects which include significant energy savings via cogeneration, ERV(energy recovery ventilation), more efficient HVAC units, replacing incandescent lights with energy efficient lightings, windows with energy efficient day lighting systems, solar thermal storage and numerous other energy saving initiatives.

The underlying rule set to qualify for the Section 179D lighting tax deduction makes casinos and particularly casino hotels the most favored property category for the tax incentive. The rule set requires at least a 25% watts-per-square foot reduction as compared to the 2001 ASHRAE (American Society of Heating Refrigeration and Air Conditioning Engineers) building energy code standard. Full tax deduction is achieved with a 40% watts-per-square foot reduction compared to the ASHRAE 2001 standard. The ASHRAE 2004 hotel/motel building code standard requires 40% wattage reduction, which means that any hotel or motel lighting installation that meets that building code requirement will automatically qualify for the maximum EPAct tax deduction.

Occupancy Rooms

For most other building categories, the Section 179D tax provisions require compliance with the bi-level switching requirement. The comparison is always based on wired rather than plug-in lighting. Casino hotel occupancy rooms have a major advantage in that they often use plug-in lighting, and because these rooms function as hotel and motel spaces, they are specifically excluded from the tax bi-level switching requirement. Since occupant rooms are usually one of the larger spaces in hotel casinos, casinos are typically able to use energy efficient lighting to generate large EPAct tax deductions for the facility.

Back of the House Spaces

Casinos often have large kitchen, storage, and laundry (so called back of the house) spaces that have historically used T-12 fluorescent lighting. This lighting is so energy inefficient compared to today’s lighting products that it will be illegal to manufacture in the United States after July 1, 2010.4 Once manufacturing of these prior generation lighting products ceases, the cost of replacing these inefficient bulbs will increase. Simply stated, casinos should consider acting now to replace these lighting fixtures to save both energy and lamp replacement costs. The EPAct lighting tax incentive can be used to address the opportunities related to these legally mandated product changes

Hoyt Corkins – Professional Poker Player Review Series


Hoyt Corkins is one of those rare kinds of Poker Players who are highly involved in the research to make the nature of poker games far more interesting and easy to win all the time. This article provides the basic highlights of Hoyt Corkins who has been one of the most celebrated Poker Players of the world today.

Hoyt Corkins is a well known poker professional. He got the bracelet in 2007 World Series of Poker. Hoyt Hoyt Corkins was born in Glenwood. Glenwood is a town in Albama of the United States. This Professional Poker Player had started playing poker games when he was a younger boy of the age 19. He is soft spoken and he is very much aggressive in his style. He has got the primary lessons from his father at that early age. Generally he is known by his nickname Cowboy. It is because of his dressing senses.

It is very easy to find him in the casino because he always wears the cowboy’s hat and boots when ever he plays in the casino. He has other nicknames like Nightmare and Mr. Move all-in. Phill Hellmuth Jr. has started calling him with the nickname Mr. Move all-in. Hoyt Corkins uses to wear ear plugs while he is playing a game. It is because of he does not like to get disturbed from the nuisances that happens around the table. He thinks that it is very important to concentrate on the game if any one needs to win it over. To keep himself away from the chattering of the other players he uses the ear plugs.

In the year 1992 Hoyt Corkins won a Bracelet in World Series of Poker. He was the champion of 1992 $5,000 pot limit Omaha tournament in this year. For this game he has got $96,000 at that time. He just started his professional career in the poker games from that time but he suddenly disappeared from the casinos after the 1992 world class poker competition. He was not seen for a single time for the next 11 years in any casino. The reason was his divorce. Hoyt Corkins left the profession for after the separation.

Everybody thought that he would never come back to the poker table. But it was his fianc�e Natalie who took him to the poker table after 11 long years. In the year 2003 he got back in the casino. In that year he re established himself in the poker world. In the 2003 World Poker Finals,Hoyt Corkins – Professional Poker Player Review Series Articles he got record breaking prize money for World Poker Tour. The amount was $1,089,200 and it was the highest prize amount till 2003 for that particular game. In the year 2004 Gus Hansen won the 1st place and Hoyt Corkins got the second place after one year of his return.

He earned $290,065 for securing the second place. In the year 2004 he got another success. He is the person who made the final table in the United States poker Championship. The competition took place at the Taj Mahal in the in the Atlantic City. After that, Hoyt Corkins has established some milestones in his career of a Professional Poker Player. In 2005 he took part in the World Series of Poker Tournament of Champions and placed at the second position. https://gamehoki311.live/ got $325,000 for that. In 2007 Hoyt Corkins secured the championship bracelet in World Series of Poker and won over $515,000.

Megabucks Slot Machine

“Put down, be on the same wavelength, haul, twist, bells, lights, wait, lack of complaint, solitary, two, three…do again… again…”
How distant gambling has move toward?

A number of equipment have misrepresented noticeably with on-line having a bet in addition to smooth virtual slot machines,Megabucks Slot Machine Articles at the present approximately as at ease, accessible in addition to up to standard as watching TV, overflow rummage around engines in addition to alive as well as well from beginning to end pop-ups and supplementary electronic advertising intermediate – other having a bet icons have hang about hauntingly the impossible to put in the picture apart, or else at least so it come into sight, as well as the presence of opening machines on the conventional gambling scene.

Other than are slot machines the similar enablers of the sports competition of possibility and providence at the same time as they have for all time been? Devices deliver on the do with for entertainment, free time, fun in addition to pleasure, extravagance and the ever-popular give your word of expenditure a diminutive (or a lot) in the direction of win it BIG! To the summit after that, modern-day opening machines are definitely poles apart – most, akin to the Megabucks in addition to other slot machinery, are at the present networked in adding together to digital, as a result appearance possibly will be “to be regarded with suspicion” as multifaceted indoctrination in addition to algorithms at the present throw the cut up of transform in addition to smile on woman luck as a result to have a word in the environment. The big money Slot piece of equipment as affirmed is thumbs down exception at this moment in time. This one-armed bandit-like pride and joy is not in a minute all of an unexpected ambidextrous. The innovative technologies have misrepresented the technique populace win in addition to lose on top of slot equipment in addition to encompass led to the networks that produce huge jackpot. Scientific move forward are here in the direction of hang about. They are part of the march from mechanical to electro-mechanical, then to circuit boards and high-speed microprocessors – setting the machine up so that people will play often an adequate amount of for the reason by means of the meaning of common/regular payouts at the same time as at a standstill manufacture lots of currency for the casinos in addition to gaming industry!

Things To Know When Selecting An Online Casino

Online casinos are nothing but the online version of the conventional casinos. The popularity of online casinos is increasing tremendously in recent times. Online casinos enable the gamblers to play their favorite casinos games from the confines of their home. If your a casino enthusiast and want to play online then these tips would help you find the right US casino sites online.

1. While choosing an online casino the foremost thing to do is to check whether the casino has a good registration process. The registration process should be such that it should do a complete identity check and it must keep all your personal details secured. Some online casinos require you to give your own user name and the casino provides (administrator defined) password. It is advisable to not join such casino because the administrator defined password can be easily cracked and they can be easily manipulated.

2. While choosing a casino you must also consider the money security factor. You must choose a casino that offers you fund security. You must choose an online casino that uses reliable and authentic tools for money transfer.

3. To avoid any problems you should carefully read the contract details before joining. You can easily distinguish authentic casinos from others by their contract itself. These legitimate casinos have a detailed specification of their contracts. You should not join a site that refrains from giving its terms and conditions as chances are high that they can be fake.

4. Once all your security concerns are sorted out you can choose a casino that offers the best gaming experience and offer a high quality user interface.

5. You must choose a casino web site that provides a good payout scheme. You can also check an online casino directory for sites that provide good online casino bonuses.

6. Last, make sure the casino site accepts players from the country you live in. Slot accept US Casino players for example so make sure the site accepts players from your country.

Once you have selected an online casino you will want to earn money and be successful at it. The key lies in learning the casino basics. The following tips would help you to be great gambler:

1. Before you start gambling on online you must pre-determine the amount with which you would play. Effective money management is the most basic tip to be a competitive gambler. If you set a limit for yourself you will lose less money and only what you can afford.

2. To start winning you should be very patient and be aware of other players moves. You can take advantage if you see other players are on a roll and you can increase your bet and increase your chances of winning.

Tax issues related to poker tournaments


Many times you will hear of people who have sold or exchanged a portion of their tournament action to help cover the costs of playing in tournaments. In other words, this player has agreed in advance to split his winnings with another person or a group of people. Depending on the size of the tournament, this has the potential to get the players and those people who have purchased a share in the players action in to a potentially difficult tax situation.It is the casino�s responsibility to report the winning player�s monetary win to the IRS. The casino would normally issue each winning player a W-2G form for the full amount of their win. The winning player would then add this to their tax return the following April. In mega888 download where the player has sold part of his action,Tax issues related to poker tournaments Articles that player can provide the casino with Form 5754. The casino is then required to issue a W-2G to each person listed on the form.

If you plan to sell a portion of your action to another person or group of people, it�s important to let everybody know ahead of time that they will be responsible for their share of the taxes. Friendships and relationships can be damaged when large sums of money are at stake. Diffuse the situation before it happens by being prepared.

This information is not to be used as tax advise. For all tax related questions, please seek the assistance of a trained tax professional.

Street Fighter Skill Stop Slot Machine Critical Overview


Uncover the mystery of the Street Fighter Skill Stop Slot Machine and see if they are right for you at this time. Please read our detailed overview of the Street Fighter Skill Stop Slot Machine.

Remember that movie “Big” with Tom Hanks who is like a ten year old kid and then makes a wish to be bigger? Then through the movie it’s like a kid living inside an adult’s body? Well,Street Fighter Skill Stop Slot Machine Critical Overview Articles that’s my friends and I. If you came over to visit you would think three or four kids lived there with all the video games, old posters, baseball cards, and yep we’ve got a couple of bunk beds as well. However, our most prized possession is the Street Fighter Skill Stop Slot Machine.

Back in the good old days, my buddies and I would head up to the mall arcade area with a roll of quarters and play each other on the Street Fighter game. For hours we would go back and forth choosing different guys and who would have thought that 15 years later we’re still all hanging out together. So when I accidentally came across the Street Fighter Skill Stop Slot Machine we just had to have one of these Antique Slot Machines for the house.

On a personal note it is just as entertaining reminiscing about the times we played the regular video game while playing the Street Fighter Skill Stop Slot Machine. It’s even brought back things I didn’t even know was hidden in the back of the brain. Nagahoki303 Crazy I know, but one of these Best Slot Machines is definitely the perfect addition to our home. The only bad thing about it is we don’t have four of them so everyone can play at the same time. However, we’ve been talking about it.

If anyone out there is like us and just loves old fashioned video games from the past, then stepping up to one of these Casino Slot Machines is just as much fun. The Street Fighter Skill Stop Slot Machine doesn’t have a pull down lever or any of that old fashioned appeal. One thing to keep in mind though that the one we purchased was a Street Fighter II machine as opposed to the original. In fact, we’re not even sure if there is an original one out there.

What we do know is these Used Slot Machines come with a key so we can do whatever we want on the inside. A little twist here, a little turn there and you can change the odds however you want inside the machine. You don’t have to worry about being electrically inclined either because you’ll get a manual to use when need be. Granted we haven’t touched the thing yet, and like everyone always says, “If it’s not broke, don’t fix it.”

Even if one of these Casino Slot Machines broke there’s a two year warranty. Plus the place we bought it from has a technical support team to help out as well. When it comes down to it though we aren’t worried about whether or not it’s going to work. We just love the fact that people can come over, enjoy themselves playing on the Street Fighter Skill Stop Slot Machine and possibly win a little money. If they don’t, well we’ll just take the winnings and go out to buy another one. Of course us saying this is one of the Best Slot Machines around is a biased opinion.

It has a three coin max play system so you can imagine the money that can be made while you’re trying to Win at Slot Machines. We didn’t even buy it for that, but now people are calling up seeing if they can play $20 worth on the machine. So we oblige and eventually we’ll get some new toys to enjoy. We saw this Rambo slot awhile ago. That may be next on the list. After all, we do look like we still live in the 80s. Parachute pants anyone?

Tax issues related to poker tournaments


Many times you will hear of people who have sold or exchanged a portion of their tournament action to help cover the costs of playing in tournaments. In other words, this player has agreed in advance to split his winnings with another person or a group of people. Depending on the size of the tournament, this has the potential to get the players and those people who have purchased a share in the players action in to a potentially difficult tax situation.It is the casino�s responsibility to report the winning player�s monetary win to the IRS. The casino would normally issue each winning player a W-2G form for the full amount of their win. The winning player would then add this to their tax return the following April. In the instance where the player has sold part of his action,Tax issues related to poker tournaments Articles that player can provide the casino with Form 5754. The casino is then required to issue a W-2G to each person listed on the form.

If slot gacor plan to sell a portion of your action to another person or group of people, it�s important to let everybody know ahead of time that they will be responsible for their share of the taxes. Friendships and relationships can be damaged when large sums of money are at stake. Diffuse the situation before it happens by being prepared.

This information is not to be used as tax advise. For all tax related questions, please seek the assistance of a trained tax professional.

Casino Games – A Review of Swiss Casino


We all want and strive for the best, be it anything – even a casino. Gone are the days when one has to move physically to visit casinos by the use of a car with valet parking – and after that being presented with all of the formalities and conditions of the land-based casino. Cut this entire conventional casino gaming as now online casinos are the rage for the people who love casino games. One of the most reputed brand on the list of top online casinos is Swiss casino.

Swiss casino is somewhat of a snowy mountain dream for every casino player that has now turned in to reality. The only step, which one will have to take to access the casino games, is to download the software. You can conveniently download the software from their website, as the downloading is free.

The featured jackpots at this casino are certainly progressive and unbelievably high. Many players at Swiss Casino have been lucky enough to win these jackpots. For the sake of assurance, you can read the testimonials of members who have won the jackpots at the website itself and in gambling forums.

The vendor and holder of Swiss Casino is Bwin Party Digital Entertainment Plc. This owner is among one of the world’s largest and most dignified companies of online gaming. The Bwin Party Digital Entertainment Plc is not only the member of the FTSE 250 index, but it is also listed on the London Stock Exchange. The Global Gaming Network (GGN) features 11 gaming sites and Swiss casino is one of them. GGN also takes on the responsibility of managing the casino.

The playing environment and casino software is secure and safe as the government of Gibraltar licenses it, and along with that, operations are conducted under the gambling act from 2005. The privacy and comfort of customers is the first main concern of Swiss casino and they have some of the best staff to cater their customers.

The gaming options are great as there are more than 200 casino games available, giving players the option to choose from a variety of thrills according to their taste and preference. There are of course the mandatory slot games, card games – as well as almost all of the classic table games. Players will also enjoy the option of detailed previews of each game at the website.

At Swiss casino, players also have the option of becoming a VIP member which will result in additional incentives and bonuses, by far more than that of what casual customers will receive.

situs slot Swiss casino has a nice buddy referral program in place too, which means that players can invite their own friends to play at the site. This option of inviting and playing with friends is not only entertaining – but also gives some excellent commissions. If you are able to make your friends sign up at the casino, then you will be getting an extra bonus of 25%, which means a 25% bonus for every friend invited.

Ohio Slots and Table Games Coming Soon


It wasn’t easy but after many years of debate and several ballot issues gambling was legalized in Ohio. The Ohio slots will be in Cleveland, Columbus, Toledo and Cincinnati. Each casino will have up to 5,000 slot machines as well as poker, keno, craps and blackjack.

Voters approved legislation allowing the casinos to open in Ohio. In exchange each casino is required to pay a $50 million license fee and at least $250 million dollars must be spent on building each of the casinos. The gambling operators will also be required to pay the state 33% of all the proceeds from wagering.

Ohio slots and table game players will also be faced with some state implemented rules. This won’t be Las Vegas as no free alcoholic drinks will be permitted; no one under 21 many play any of the games and all casino floors will be non-smoking. In addition convicted felons will not be allowed to hold most positions within the casinos.

Currently two bills, Senate Bill 263 and House Bill 519, are under debate. The goal is to create an Ohio Casino Control Commission. The commission would regulate the gaming of Ohio slots and table games, and create casino gaming statutes. Copies of both the proposed legislation are posted on the Ohio General Assembly’s website.

situs slot The casino in Cleveland will be built downtown and will be operated by Dan Gilbert, who also owns the Cleveland Cavaliers of the NBA and Quicken Loans. Mr. Gilbert is planning to open a temporary casino in a closed department store located in downtown Cleveland until the actual casino building is completed.

The Columbus casino will also be operated by Dan Gilbert. Originally to be built near downtown Columbus the location was changed to another location that most in Columbus thought would be better served economically. Even though this issue effected only the Columbus casino it had to be placed on the ballot statewide. The issue easily passed in 2009 allowing the casino to be built in the newly proposed location.

The Cincinnati location will be run by Penn National Gaming who operates several casinos across the country. The hope here is that the Ohio slots will also bring in those from the south of the Ohio River.

The Toledo location will also be operated by Penn National Gaming. While no one can dispute Toledo’s need for an economic boost some fear this casino will be too close to the Detroit casinos. The Ohio slots probably won’t be a big enough draw to continually pull in those from Michigan.

Casino Restaurant Design


“Casino” is a word that originally meant “house,” though it has long been associated with pleasure. Casino restaurant designs are carefully constructed around the expectations of casino visitors to maximize the potential for profits. mega888

While the majority of Britain’s 137 casinos feature lackluster design and decor, for most people the word “casino” still evokes a sense of distinctive elegance and prestige. Such expectations may be due to the popularity of the fictional James Bond, whose cinematic adventures include spectacular wins at the wheel amid the splendor of a chic casino. The casino featured in the classic James Bond films was inspired by the existing Grand Casino in Monte Carlo. Ian Fleming’s first James Bond novel, Casino Royale, was inspired not only by this Monte Carlo setting, but also by a real-life millionaire.

Monte Carlo’s Grand Casino was designed by Charles Garnier, and still maintains its air of graceful glamour today. Since its opening in 1878, this famous structure has set the style for casinos worldwide. The Grand Casino was legendary in its time, and its design represented all that a casino should be. However, this original concept did not stand the test of time. As Las Vegas and Macau began to rule the world of casinos, Trente et Quarante and Chemin de Fer faded away along with ballrooms, sophisticated opera houses and ballet schools. In locations such as Macau, new super casino restaurant designs have arisen to take their place in the modern world of casinos.

Blackpool features another example of good casino design. The first Blackpool casino was built in 1913, and featured a symbolic design and an Indian architectural style. This original casino was replaced by a modern European design that emphasized stylized fun while prohibiting gambling. While this new casino was considered sophisticated and respectable, the fact that gambling was not allowed prevented it from achieving the highest level of success.

The British point of view regarding casino restaurant design is flawed by a refusal to admit that gambling at this level is all about dazzling lights and glitter. Casino architecture must be exciting. Pretending that future casinos will play an upright, commendable role in the regeneration of cities is, at best, humorous. Manchester’s casino, for example, should not be a polite construction of curved glass-and-steel roofs.

Casinos have always attracted a wide variety of people from around the world. The success of any casino has invariably depended on excellent design that offers all the elements customers have come to expect from these establishments. Superior casino and casino restaurant design meets or surpasses customer expectations for excitement, exquisite glamour and elegance. Whether developing new properties or renovating existing buildings, owners should approach design with utmost care and professionalism.