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View Full Version : New Withholding policy in MA


Al Gobbi
06-01-2013, 08:48 PM
unknown prior to today's message in Suffolk's program. Apparently went into effect today.

Simply put any bet that is worth more than $600 in winning by ADW residents in MA and any racing/simo center, regardless of the amount wagered is now subjected to a 5% withholding by the state.

mabred
06-02-2013, 09:36 AM
Went into effect in april sometime

The state police and others were at plainridge arrested 2 of the 10%ers

and are still there watching over things.Apparantly the boss who is

retired due to illness Ha Ha.He was allowing stuff that brought the

heaet on the place.See if they get the Slots license???

Ma

lamboguy
06-02-2013, 10:07 AM
Went into effect in april sometime

The state police and others were at plainridge arrested 2 of the 10%ers

and are still there watching over things.Apparantly the boss who is

retired due to illness Ha Ha.He was allowing stuff that brought the

heaet on the place.See if they get the Slots license???

Mai haven't been in that place since i worked there 14 years ago, but this thing sounds like the ghost of Lou Guiliano is behind this mess. he must be laughing in his grave right now.

DRIVEWAY
06-02-2013, 11:05 AM
This is the type of nonsense that can spread from one state to another.

I pledge to Boycott Suffolk Downs until this tax is rescinded.

Please join in this pledge and tell everyone you know to follow suit.

cj
06-02-2013, 02:34 PM
They have been doing this in Maryland for a while I believe, even for non-residents.

Track Collector
06-02-2013, 07:55 PM
They have been doing this in Maryland for a while I believe, even for non-residents.

Hi Craig,

This is news to me. My ADW takes out taxes when they are required to do so, and I have not encountered a single case this year where withholding took place, if at the indicated thresholds indicated earlier in this thread.

Could it be that in MD it only applies to folks who wager at the track or OTB site?


Chris

cj
06-02-2013, 08:22 PM
Hi Craig,

This is news to me. My ADW takes out taxes when they are required to do so, and I have not encountered a single case this year where withholding took place, if at the indicated thresholds indicated earlier in this thread.

Could it be that in MD it only applies to folks who wager at the track or OTB site?


Chris

Could be, I'm not an expert. I'm sure I remember they withhold from non-residents, but maybe that doesn't include ADWs as you say.

Stillriledup
06-03-2013, 08:38 PM
Don't bet a dime at Suffolk for any reason. Cott this Boy.

lamboguy
06-03-2013, 08:46 PM
Could be, I'm not an expert. I'm sure I remember they withhold from non-residents, but maybe that doesn't include ADWs as you say.
i collected more than the $600 in Pimlico 2 weeks ago, but it was on a win ticket.

from what i read on the Massachusetts rules, if you bet a win ticket in the amount of $200 and the horse pays $7.00, they withhold the state tax. i don't know if you would have bought 4 $50 tickets on the same horse if they would take the tax money out.

it looks to be a pretty stupid law as most of them are in this state.

JustRalph
06-03-2013, 09:39 PM
Check this old thread



http://paceadvantage.com/forum/showthread.php?t=6691

mabred
06-04-2013, 09:38 PM
VOTED ON IN NOV 2011 WITH INTO AFFECT 90 DAYS THERE AFTER

Horse and Dog Racing. Under prior law,[11] (http://www.mass.gov/dor/businesses/help-and-resources/legal-library/tirs/tirs-by-years/2013-releases/tir-13-4.html#_ftn11) there was an exemption from Massachusetts withholding for winnings from horse and dog racing. The Act removed the exemption from Massachusetts withholding for winnings from horse and dog racing. Under the Act, a payment of winnings of $600 or greater from horse or dog racing (including winnings from simulcast horse or dog racing) is subject to Massachusetts withholding.[12] (http://www.mass.gov/dor/businesses/help-and-resources/legal-library/tirs/tirs-by-years/2013-releases/tir-13-4.html#_ftn12)

Dave Schwartz
06-04-2013, 11:07 PM
Let me get this straight... The tax is going to grind you to the tune of 5% of your winning wagers if you are a big bettor?

They might as well close the tracks now because the only people who will have a bankroll are the less-than-large players and the tracks cannot survive on those players.


We had a client once who was a pretty good superfecta player. Every September or October he ran out of money because so much had been withheld. Then, in January, he would file his taxes, and be back in action in February.

The point is that the track would lose like 3-4 months of his action.

It is just a stupid idea.

mabred
06-05-2013, 02:36 PM
This was brought on by the anti casino folks on beacon hill!!!!

If u play BJ and bet 500 and hit a black jack pays 3/2 that's

subject to the 5%.Why would a big ma player play in his home state as this only

applies to Ma residents.So the tourists will be here and the natives will

have to continue to go to CT...Foxwoods we come

Ma Bred

fmhealth
06-05-2013, 06:04 PM
Where the heck is Patrick Henry when we really need him??

Milkshaker
10-22-2013, 11:35 PM
Can any MA residents who have an ADW account clarify this for me?

For example: If you are a MA resident playing Belmont Park via a TwinSpires account and hit a P4 that pays over the $600 threshhold--does TS withhold the tax at time of winning? Do they even report it?

(The key being that the bet is NOT on a Massachusetts track but is made by a Massachusetts resident through an out-of-state ADW).

Digging up this thread because I have a relative moving to MA and he is curious to know if this tax will affect him.

mabred
10-23-2013, 09:17 AM
I have a few accounts and no-one has notified me of any

new takeout from my adws.So I would say NO

The law is for bets made at the ma tracks and on simo races

bet from the ma tracks when u show your ma lic you pay the tax.If

you live outside ma and bet the tax does not apply.Chip Tuttle CEO

at suffolk downs told the gaming comission that they lost a lot of big players

there and now they bet smaller win bets to avoid the tax.

BTW table games at any ma casino when built will be exempt

mabred

mabred
10-23-2013, 09:20 AM
If u want it from the horses mouth

contact Chip@friendsofsuffolkdowns.com

I'm sure he will respond.

mabred

Milkshaker
10-23-2013, 01:34 PM
MABRED, thank you for the reply.

To clarify, when you say no ADW has "notified" you, do you mean that you have hit a wager above the $600 threshold and the withholding was not collected?

Or do you mean "notified" in the sense of a courtesy email letting you know of the withholding change, which I would not expect the ADW's to do in the first place?