Question I see a lot in the slots Discord. Short answer: no state-licensed iGaming, but offshore brands still accepting Texas players. PrimeBit's TX page covers it well but I want the community read — anyone seen banks blocking deposits more aggressively this year?
Hit a $3,200 win at Ignition last month using Bitcoin deposits/withdrawals. Traditional casinos auto-generate Form W-2G for wins over $1,200, but crypto casinos seem to handle this differently.
Ignition didn't send any tax forms, and I'm tracking everything manually in a spreadsheet. My accountant says Bitcoin gambling wins are still taxable income but the reporting burden shifts to the player since most crypto casinos don't issue W-2Gs.
**Anyone know if this is standard across all Bitcoin casinos?** Do places like Wild Casino or BetOnline issue any tax forms for crypto wins, or are we all just self-reporting based on blockchain records?
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