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.
Slot machines on the Las Vegas Strip had a win percentage of 8.04%, Downtown Las Vegas wasn’t much better at 7.33%.Data from 7/1/2017 – 6/30/2018 – All Slot Denominations Slots in the Reno / Boulder reporting areas paid out at a more generous clip with a 5.38% and 5.66% casino win percentage respectively.
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.
Best Slots to Play in Las Vegas
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
Jackpot Slot Machine Videos 2018
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 StepTM 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.
The House of Fun is here to take you away to the wonders of the world-renowned Vegas Strip, where just one stroke of luck can change an entire lifetime! Discover the thrills of the most authentic Las Vegas slot games, all delivering new and exciting ways to win big on every spin. The best free Vegas slots of 2018 are here, and this is your chance to take a break from everyday life and grab unimaginable prizes and win the biggest and most rewarding jackpots ever conceived!
The House of Fun has a real soft spot for Las Vegas, and here are our top 5 picks for best Vegas slots to play in 2018!
Frankenstein Rising
Oh no, it’s alive, and it’s becoming the number one Vegas slots to play in 2018! It’s time to enter the spooky and mystery-filled laboratory where unimaginable horrors take place… and go for a monstrous win with multiplied jackpots! You’ll get to mix and match powerful potions as you collect free spins, horrifyingly-large payouts and enjoy the very best in Vegas slot games with a spooky twist to spice things up.
Special Features
Free Spins Games – They might be horrifyingly hideous, but all you need is 5 or more green or blue Frankensteins to land on consecutive reels to get yourself a matching number of free spins (up to 100 free spins!).
Sticky Wilds – Every blue Frankenstein that goes towards your free spins can also be converted into a wild. The best part? These wilds stick around with you throughout the entire feature!
It’s Alive Bonus – Can you handle such a big bonus? Frankenstein Rising lets you collect special jewels throughout the spins that can make any jackpot grow by up to 200X!
Classic Cash 777
Who doesn’t love a real and authentic classic slots game that’s brimming with what we all know and love about Las Vegas? Well, the Las Vegas Experience doesn’t get any better than Classic Cash 777 with the classy sights and sounds that make every trip to The Strip unforgettable, now brought to life brilliantly on your PC, mobile phone or tablet. It’s time to bring the Strip to life, along super-valuable wilds and am endless stream of free spin games that will keep you busy with winning all year long.
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Special Features
Mystery Symbol – Classic Cash 777 has some amazingly valuable mysteries for you to uncover! All you need to do is hit that dollar sign to reveal the secret mystery that’s hiding behind the symbol! Land one of these to watch them transform into the game’s highest-paying symbols, scatter and wilds included!
Free Spins Game – Gather 9 or more Classic Cash 777 scatter symbols in order to trigger at last 8 free games, on the spot. But it only gets better from this point, because if you’re lucky enough to hit 21 triggering scatter symbols, you’ll instantly win 250 free games.
Giant’s Treasure
Will you survive the dangerous trip all the way up the beanstalk towards the land of the giants in the sky? Prepare for a magical slots-filled journey packed with 4 amazing bonus features that will grant you access to the giants’ marvelous treasures and will hopefully, keep you out of the giant’s belly!
Special Features
The Magic Beans Challenge – Giant’s Treasure has a special beanstalk meter that once filled with beans, lets you hit and crack the egg! Every crack gets you an amazing prize but get three cracks to unlock one of 4 amazing bonus games that will steal away all the giant’s treasure.
Free Spins – Getting 4 or more of Giant’s Treasure’s golden harp symbols on consecutive reels gives you the chance to win 5 free spins! Landing more trigger symbols will let you gain up to 45 free spins.
Sticky Wilds – Remember those golden harps that gave you all those free spins? They also turn into a sticky wild symbol when they trigger free spins!
Coyote Gold
It’s your chance to go wild on the West’s most dangerous slots game, and it’s quickly becoming one of the most popular picks of 2018! Go back to your wild roots and become one with nature and it’s the hidden mysteries as you uncover amazing treasures from beyond the new frontier!
Special Features
Free Games – In Coyote Gold, gold is what matters! Collect the golden scatter symbols to instantly win free spins but remember – getting two more scatter symbols will unlock 5 more free spins!
Multiplier Wilds – Multipliers are special in Coyote Gold, because hitting any of them will turn them into a wild and give you the option of pulling off some amazing combos that bring in major winnings.
Must-Hit Jackpots – These are Coyote Gold’s must-wins! Get ready to play on the edge of your seat as any spin can randomly trigger Coyote Gold’s HUGE jackpots and shower you with untold numbers of shiny, shiny coin!
Gorilla Grand
Swing right into the lush, hot and steamy jungle to claim the wildest prizes to ever grace mother nature! Do you have the wits and luck to survive the wrath of the mighty silverback as you collect free spins and multipliers? Venture out to your wild side but be warned – the greatest treasure could be anywhere!
Special Features
Special Jackpot Feature – Trigger progressive jackpots or special free spin games by landing Gorilla Grands’ bonus wheels, multipliers included!
Free Spins – Gorilla Grand isn’t shy about showering you with free spins! In this epic jungle adventure, you can accumulate up to 50 free spins AND get them multiplied into one huge, wild payout!