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

The Republican megabill that is now law includes a key tax provision that has the gambling industry frustrated, and some ...

A buried provision in Trump's "Big, Beautiful Bill" limits gambling loss deductions to 90% while taxing 100% of winnings.

The City Council vote all but dooms the company’s chances of obtaining one of up to three casino licenses that New York State ...

If you bet “Donald Trump ends an investigation into a Peter Thiel-backed cryptocurrency platform,” you can claim your ...

One out of every three ambassador-level nominees come from Florida, top campaign donors, Mar-a-Lago regulars and personal ...

The new domestic policy law rewrites tax rules for the hundreds of billions of dollars Americans legally wager each year. A ...

Trump's "Big, Beautiful Bill" will change how gambling losses can be deducted, but one Arkansas casino says the impact will ...

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

The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.

As Americans sift through the wreckage of Donald Trump’s One Big Beautiful Act and begin to understand just how damaging it ...

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