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 One Big Beautiful Bill Act institutes a seemingly minor change that will have major unintended consequences.

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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.

When you buy something by clicking links within this article, we may earn a small commission, but it never affects the products or services we recommend.While most Americans were focused on the ...

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.

The One Big Beautiful Bill Act includes a measure that only allows gamblers to deduct 90% of their losses against 100% of their gains.

GOP members are just now learning what's in the megabill they didn't read. Take the provisions related to gambling deductions ...

An under-the-radar provision inside President Donald Trump’s “One Big, Beautiful Bill Act” will reduce the amount of gambling ...

Jim Cramer says DraftKings and Flutter remain strong buys despite tax law changes that would limit gambling loss deductions under Trump’s new bill.

Senator Cortez Masto criticizes Republicans for stalling her FULL HOUSE Act, aimed at restoring full tax deductions on gambling losses.