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Parx Casino Federal Id Number
Greenwood operates The Parx Casino, located in Bensalem, PA, which is approximately 15 miles outside of Philadelphia. According to the casino’s website, Parx houses over 3,500 slot machines. In order to encourage its patrons to visit Parx more frequently, Greenwood distributes some promotional items to those holding Players Cards. Tournaments) for federal income tax. This is referred to as backup withholding. You should backup withhold if:. The winner doesn't furnish a correct taxpayer identification number (TIN),. Regular gambling withholding hasn't been withheld, and. The winnings are at least $600 and at least 300 times the.
- Address:
Hollywood Casino at Penn National Race Course
777 Hollywood Blvd.
GranTville, PA 17028 - Call:
717-469-2211 - Hours:
24 Hours 7 days a week
Below are answers to questions frequently asked about Hollywood Casino at Penn National Race Course.
1. Is there smoking allowed on the casino floor?In compliance with the Pennsylvania Clean Indoor Air Act, we have designated 50% of our casino floor to smoking areas which are clearly labeled. All of our dining venues are non-smoking along with the other 50% of the casino floor.
2. Do you have a hotel on property?
At the moment, we do not have a hotel on property, however, there are a variety of hotel accommodations within a short distance. View nearby hotels and their information for you to book.
3. How many slot machines do you have?
Hollywood Casino has a mix of over 2,100 slot machines including favorites like Blazing Sevens, Double Diamond, Mr. Cashman, and Super Jackpot Party. More Slots Information
4. What are the casino hours of operation?
Gaming in the casino is available 24 hours a day, 7 days a week, throughout the year. The food venues have select hours of operation. Please visit our dining page for further details.
5. How can I make a dining reservation?
Not all of our dining venues accept reservations. Please visit Final Cut Steakhouse or Mountainview Dining and select the options for the restaurant you are looking for.
6. Do you sell gift cards?
Gift cards can be purchased in multiple denominations at Hollywood & Grind, our coffee shop. At this time, they are not available to purchase online or over the telephone. The gift cards can be used at all of our dining venues. Gift cards cannot be used for gaming.
7. Do you offer wheelchairs for handicapped guests?
Non-motorized wheelchairs can be borrowed at no cost at the coat check counter toward the left of the main valet entrance. Any security guard posted at each entrance can also assist you with your request.
8. How can I obtain my win/loss statement?
You can obtain your win/loss form online via our mychoice® Player Profile. To access Player Profile, you must have an email address and your mychoice card number. The login link for Player Profile can be found at the top of every page. If you do not have these available, simply visit Player Services to obtain your win/loss statement.
9. How can I obtain my W2G for jackpot / tax purposes?
When you qualified to receive a W2G, it would have been issued to you by a slots or table game team member. If you have misplaced this form, you will need to stop by our Cashier Cage with proper identification for a new one to be printed out.
Parx Casino Federal Id Number Lookup
10. Are cameras allowed to be used on property?
We ask that no photographs be taken inside the property for security and privacy reasons.
11. What is the admission age to visit Hollywood Casino?
Guests must be 21 years of age or older to be on the casino floor. Guests 18 years of age or younger are welcome in the racing operations area, if they are accompanied by an adult. The racing level is accessed through Level D and also includes Skybox and Mountainview Dining.
12. What dining venues are featured at Hollywood Casino?
We offer a variety of dining options, ranging from quick and casual to fine dining. There are also a number of snack service concessions throughout the property. Please visit our Dining page for complete details.
13. What is the racing schedule?
Live racing is year round and held in the evenings on various days throughout the season. Full-card simulcasting is offered seven days a week from noon until midnight. Please visit our racing page for complete schedule details.
14. Is there an admission charge for the casino?
Admission is free to the casino and the race track.
15. Is there a charge for parking?
General parking is free. Valet parking will be available for a $6 charge.
16. Where is Hollywood Casino located?
Hollywood Casino is located at 777 Hollywood Blvd., Grantville, PA 17028. Get directions to Hollywood Casino.
Back in May, I wrote about a tax case involving Greenwood Gaming and Entertainment, Inc. In that case, an appellate court in Pennsylvania held that the tax rate imposed on daily gross game table revenue from fully automated electronic gaming tables in the state is 48%, and not 34%, as argued by Greenwood.
Greenwood recently found itself in Pennsylvania court again, this time to argue that the value of cash and non-cash prizes distributed by Greenwood to patrons with Players Cards may be deducted from from the tax base of revenues from slot machines, known as gross terminal revenue (GTR). Once again, Greenwood found itself on the losing side of the case.
Greenwood operates The Parx Casino, located in Bensalem, PA, which is approximately 15 miles outside of Philadelphia. According to the casino’s website, Parx houses over 3,500 slot machines. In order to encourage its patrons to visit Parx more frequently, Greenwood distributes some promotional items to those holding Players Cards. Greenwood went to court because the Department of Revenue disallowed a deduction from GTR the value of prizes won by patrons in any of the following ways:
- (a) when the Players Card was inserted into a slot machine during a designated period or at a designated time;
- (b) when entries deposited in and selected from a drawing drum by a computer using a random number generator;
- (c) when redeeming in the casino a postcard or other mailer that the casino had sent to a patron; or
- (d) when the casino selected specific patrons as part of player development.
Before applying the relevant statute, let’s briefly examine the issue from a purely economical perspective. Assuming Greenwood pays some amount for the non-cash prizes distributed to its patrons, the casino is out-of-pocket each time a prize is awarded to Players Card holders. Accordingly, one would naturally hypothesize that the casino should be entitled to reduce its tax base by these out-of-pocket amounts. But sometimes, the law isn’t written to reflect this principle.
Section 1103 of the Pennsylvania Race Horse Development and Gaming Act defines gross terminal revenue as the total of:
(1) cash or cash equivalent wagers received by a slot machine minus the total of:
(i) Cash or cash equivalents paid out to players as a result of playing a slot machine, whether paid manually or paid out by the slot machine.
(ii) Cash or cash equivalents paid to purchase annuities to fund prizes payable to players over a period of time as a result of playing a slot machine.
(iii) Any personal property distributed to a player as a result of playing a slot machine. This does not include travel expenses, food, refreshments, lodging or services.
(2) cash received as entry fees for slot machine contests or slot machine tournaments.
The term does not include counterfeit cash or tokens; coins or currency of other countries received in slot machines, except to the extent that the coins or currency are readily convertible to cash; or cash taken in a fraudulent act perpetrated against a slot machine licensee for which the licensee is not reimbursed.
(Emphasis added.) The issue in the case narrowed to whether cash and non-cash prizes paid to patrons in any of the forms described in (a) through (d) above were considered “as a result of playing a slot machine.” To make this determination, the court examined the Gaming Act’s definition of “slot machine,” which in pertinent part states the device
may deliver or entitle the person or persons playing or operating the…device to receive cash, billets, tickets, tokens or electronic credits to be exchanged for cash or to receive merchandise or anything of value whatsoever, whether the payoff is made automatically from the machine or manually.
Parx Casino Federal Id Number Search
(Emphasis added.) The court emphasized that the use of “play or operation” in the definition of slot machine refers to the actual physical operation of the machine. This analysis, said the court, comports with the computer system installed by the Department of Revenue in the Greenwood casinos that tracks the financial events occurring during the operation of the slot machines. Because this computer system does not track the distribution of prizes taking place outside the actual operation of the slot machines, the casino cannot deduct such prizes from GTR.
Ultimately, the prizes in question were viewed as resulting from having a Players Card, and not from simply playing the slot machine. Going forward, if Greenwood seeks to obtain the benefit of the deduction, the gaming company must incorporate the prize distributions in question within the algorithm of occurring financial events tracked by the Department of Revenue’s computer system installed in Greenwood’s casinos.
Parx Casino Tax Id Number
Case: Greenwood Gaming & Ent., Inc. v Commonwealth of Pa., No. 617 F.R. 2009 (Pa. Commw. Ct. Oct. 13, 2011).