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The IRS states that regular gambling withholding doesn’t apply to winnings from bingo, keno, or slot machines. That will allow a payer to report more than one payment of reportable gambling winnings received by a payee in a 24-hour calendar day or “gaming day” on a single information return. The IRS also notes that applicable reporting thresholds vary by the type of gambling winnings. In its draft 2026 Instructions for Forms W-2G and 5754, the IRS further explains how it will apply the updated reporting framework across different types of gambling.
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VGW is debuting ‘new centralised tech platform’ as well
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