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These Republican senators didn’t know they voted for gambling tax in ‘Big Beautiful Bill’
The provision tucked into the “Big Beautiful Bill” limits tax deductions for gambling losses, while still requiring professional bettors to pay income tax on all their winnings, according to published reports. Professional gamblers, like the poker players you see on TV, had been allowed to deduct all of their losses from their declared income.
Mike Florio takes a deep dive into why there in bipartisan effort to change the language of the gambling portion of the big, ...
Professional poker players and sports bettors, and a handful of members of Congress, are demanding a change to the massive ...
Nevada Senator Dina Titus is presenting the FAIR BET Act, an amendment to the bill that would address the issue and reinstate ...
Nevada's Dina Titus takes aim at addressing the gambling tax details found in the One Big Beautiful Bill Act from President ...
VICI Properties has high dividend yield amid rising risks. See more on VICI's interest rate headwinds, sector concentration, ...
Paulick Report on MSN2d
Titus: Crapo Gambling Amendment To Big Beautiful Bill 'Bad For Industry As Well As For The Player'U.S. House of Representative members Dina Titus and Ro Khanna are introducing legislation to restore 100 percent deductions ...
An obscure provision in Donald Trump's 'big, beautiful bill' reduces the amount gamblers can deduct from taxes for betting losses.
A relatively underappreciated constituency is raising the alarm about President Donald Trump’s “big, beautiful bill” — ...
An ace popped up the sleeve of the One, Big Beautiful Bill that alarmed the gambling industry. The provision would limit ...
22hon MSN
The casino and sports betting sector has its eyes on a controversial provision of the OBBB Act signed into law by Congress ...
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