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Gamblers will pay more taxes in 2026 and beyond

USA TODAY on MSN · 3h

Gamblers will pay more taxes in 2026 and beyond when Trump's 'Big, Beautiful Bill' hits

President Donald Trump's tax bill, signed into law July 4, reduces how much in losses a gambler can deduct. Here's how the changes will work.

CNN on MSN · 7h

Trendlines: Why the Big Beautiful Bill’s gambling provision matters so much

Welcome to Trendlines, your weekly installment of what’s trending up and what’s trending down in the world of sports.

Big Beautiful Bill Changes Gambling Tax Laws, Losses Now Capped

There are new laws regarding gambiling losses. Previously players could deduct those losses from their winnings with the IRS, now following the passage of the Big Beautiful Bill, there is a cap.

The Economist1d

The Big Beautiful Bill will kill one profession

Bettors can still deduct losses from wins within a single session of play. But the Internal Revenue Service ( irs) is ...

2don MSN

Why an obscure provision in Trump’s big agenda bill has gamblers crying foul

Professional poker players and sports bettors, and a handful of members of Congress, are demanding a change to the massive ...

3don MSN

Bipartisan lawmakers and gaming leaders push to reverse the Big Beautiful Bill's gambling loss cap

The casino and sports betting sector has its eyes on a controversial provision of the OBBB Act signed into law by Congress ...

Las Vegas Review-Journal on MSN3d

Bill introduced to combat ‘anti-gambling’ measure in Trump’s budget bill

Donald Trump's approval rating fades after "big, beautiful bill" Beloved Seafood Restaurant Abruptly Closes 'Until Further ...

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