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The Nevada Congressional delegation and professional gamblers have taken to social media and the halls of Congress to sound ...
Take the sports betting space, one of the fastest-growing industries in America over the past few years, dominated by ...
Senate Republicans blocked an attempt to reverse a little-noticed provision from their tax and spending cuts law that affects ...
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SportsGrid on MSNNew U.S. Bill Proposes Changes to Gambling Loss DeductionsNew tax laws reduce gambling loss deductions from 100 to 90 percent. For more legal analysis across the gaming industry, check out Legal Sports Report.
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 ...
People are concerned over changes to gambling deductions and new taxes passed by Congress in the Big Beautiful Bill.
President Donald Trump's tax bill, signed into law July 4, reduces how much in losses a gambler can deduct. Here's how the ...
Welcome to Trendlines, your weekly installment of what’s trending up and what’s trending down in the world of sports.
Rep. Jeff Van Drew (R-NJ) on Thursday pressed the U.S. Department of the Treasury to explicitly include casino workers in the ...
An earlier version of the bill included exemptions for religious colleges, including Notre Dame. An Indiana senator is trying to bring it back.
Both the House of Representatives and the Senate have launched efforts to undo the change to the tax laws regarding gambling.
The rush to fix the predicament that President Donald Trump’s “One Big Beautiful Bill Act” may put sports bettors in next year has lost momentum.
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