U.S. House of Representative members Dina Titus and Ro Khanna are introducing legislation to restore 100 percent deductions ...

Bettors previously deducted losses against winnings, only paying tax on net profits. Now, even legitimate business expenses ...

Rep. Nehls told Newsweek he "proudly voted for the One Big Beautiful Bill Act," but the Senate version "contained a provision ...

Sam and Joe discuss if the gambling tax provision that was included in the One Big Beautiful Bill will remain as some ...

Sam and Joe take a deeper dive into the Big, Beautiful Bill that was passed over the weekend, and how it will affect sports ...

The American Gaming Association faces fierce criticism for endorsing Trump's tax legislation that limits gambling loss ...

Titus, who brought attention to the “anti-gambling” provision added to the Senate version of the bill by a lawmaker from ...

This new amendment to the One Big Beautiful Bill Act would end professional gambling in the US and hurt casual gamblers, too. You could pay more in tax than you won. Contact your representative ...

President Donald Trump’s budget reconciliation has one big consequence for career gamers as a new rule on tax deductions threatens to “kill professional gambling.” Heading into the […] ...

A new federal tax law will limit gambling loss deductions, impacting both professional and recreational bettors.

The shocks will be large, because equity and property valuations are stretched. U.S. House Majority Leader Steve Scalise has said that the U.S. is at "the precipice of the new golden age of America." ...