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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 ...
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Money Talks News on MSNHow the New "Phantom Income" Tax Could Kill Your Gambling DeductionsA 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 ...
The change does not go as far as gamblers wanted, but it does provide much needed relief to a major pain point.
Nev., is expanding the coalition opposing a last-second provision added to President Donald Trump’s “Big Beautiful Bill” ...
The City Council voted to reject a land-use change for Bally’s Corp. to open a casino at the golf property formerly operated by President Trump’s firm at Ferry Point in The Bronx ...
The American Gaming Association faces fierce criticism for endorsing Trump's tax legislation that limits gambling loss ...
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