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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.
Lawmakers approved language that would implement a 90% cap on how much gamblers can deduct from their losses against winnings ...
Bettors can still deduct losses from wins within a single session of play. But the Internal Revenue Service ( irs) is ...
Mike Florio takes a deep dive into why there in bipartisan effort to change the language of the gambling portion of the big, ...
Professional poker players and sports bettors, and a handful of members of Congress, are demanding a change to the massive ...
The provision tucked into the “Big Beautiful Bill” limits tax deductions for gambling losses, while still requiring ...
The ‘Big Beautiful Bill’ included tax provisions on betting and gambling earnings, and now a group of leaders is pushing for ...
A small provision added to President Donald Trump’s “One Big Beautiful Bill Act” — that came to light days before the ...
Game odds refresh periodically and are subject to change. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER. WNBA: Angel Reese dismisses ridiculous Robert Griffin ...
An amendment to the bill which passed the Senate on Tuesday could drastically reduce the ability of gamblers to turn a profit ...
The battle over the gambling tax provision in the Big Beautiful Bill is far from over. The One Big Beautiful Bill Act (OBBBA) ...