Nevada gaming board requires casinos to round transactions to five cents
Nevada’s Gaming Control Board issued guidance in March requiring casinos and other gaming establishments to round transactions to the nearest five cents after US penny production ended. Licensees must tell patrons how they round, including at ticket-redemption points. Operators may choose whether to deduct rounding differences from gross gaming revenue, but charitable donations of leftover amounts cannot be deducted.
The guidance sets transaction and tax-reporting requirements for Nevada gaming licensees handling cash payouts without pennies.