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News

Gamblers will pay more taxes in 2026 and beyond

Deseret News on MSN · 2h
Republicans block effort to change gambling tax in Trump policy bill
Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings, down from current law that allows them to earn 100% back.
USA TODAY · 10h
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 many losses a gambler can deduct. Here's how the changes will work.
New York Magazine on MSN · 15h
Did the Big Beautiful Bill Accidentally Gut the Gambling Industry?
A s Americans sift through the wreckage of Donald Trump’s One Big Beautiful Act and begin to understand just how damaging it might be — from the draconian cuts to Medicaid and
The Economist
12h
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 ...
Las Vegas Review-Journal on MSN2d
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 ...
6don MSN
7 little-known items in Trump’s big agenda bill
When President Donald Trump signs his so-called big, beautiful bill into law Friday, much of the focus will be on its ...

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