Nevada lawmakers are pushing to reverse a federal tax change that limits how much gamblers can deduct in losses. They warn ...

Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings ...

Sen. Catherine Cortez Masto introduced Senate Bill 2330 Wednesday. The bill reinstates the loss deduction allowance in place before BBB’s passage.

Senate Republicans are rejecting an attempt to reverse a provision from their new tax law that changes the taxation of ...

A provision added to the GOP's budget law has the gambling industry up in arms — but just who put it in is a mystery.

Several Republican senators have now admitted to not knowing that the reduced gambling deduction was even in the bill they voted to pass. And, frankly, it makes sense. The committee of jurisdiction ...

Under prior law, taxpayers could deduct gambling losses up to the extent of their winnings from their taxable income. A ...

President Trump’s newly passed One Big Beautiful Bill Act will, by most conventional estimates, add trillions to America’s national debt to pay for permanent tax cuts. Republicans insist the bill ...

A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...

An obscure provision in Donald Trump's 'big, beautiful bill' reduces the amount gamblers can deduct from taxes for betting ...

Senate’s bipartisan FULL HOUSE Act aims to undo Big Beautiful Bill’s gambling tax limits, restoring deductions for gamblers ...