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Sen. Catherine Cortez Masto sought unanimous consent for the FAIR BET Act, but Sen. Todd Young objected to the bill.
It’s President Donald Trump’s casino — and the house always wins. That is the crux of gamblers’ frustration after they read ...
President Donald Trump's tax bill, signed into law July 4, reduces how much in losses a gambler can deduct. Here's how the ...
An obscure provision in Donald Trump's 'big, beautiful bill' reduces the amount gamblers can deduct from taxes for betting ...
The Republican megabill that is now law includes a key tax provision that has the gambling industry frustrated, and some ...
Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings ...
An amendment to the bill which passed the Senate on Tuesday could drastically reduce the ability of gamblers to turn a profit ...
Trump's "Big, Beautiful Bill" will change how gambling losses can be deducted, but one Arkansas casino says the impact will ...
Congress didn’t eliminate taxes on Social Security income; the deduction is a back-door way to reduce seniors’ taxable income, including the retirement benefits. For example, a high roller or ...
At first blush, this might not seem terribly significant. But that $100,000 gambler will now be taxed as if they made $10,000 ...
U.S. House Majority Leader Steve Scalise has said that the U.S. is at “the precipice of the new golden age of America.” But ...
United States online casino laws falter with limited state adoption. For more legal analysis across the gaming industry, check out Legal Sports Report.