Report: 'Big Beautiful Bill' Contains Troubling Tax On Gambling originally appeared on Paulick Report. An amendment in the One Big Beautiful Bill Act, which passed the Senate on Tuesday, would alter ...

Professional gamblers may need to find a new profession. The final version of the big, beautiful bill that will be signed into law by President Trump on Friday contains the tax provision that limits ...

Poker Hall of Famer Erik Seidel has said a new law signed by President Donald Trump could force him to retire. Gamblers, ...

Chris Dierkes just wrote the IRS a very big check. The professional gambler pays quarterly taxes, does everything by the book, and welcomes scrutiny. But come January 2026, he’s looking at a nightmare ...

Gamblers now deduct all of their losses against winnings on their taxes but will have that deduction reduced to 90% of losses under the new law. Experts say the change could make professional gambling ...

The One Big Beautiful Bill Act that narrowly passed the Senate on Tuesday contains an amendment altering gambling tax rules, making it harder for winners to reap profits. A section of the Senate's 940 ...

Professional gamblers say President Donald Trump's "Big, Beautiful Bill" is a bad bet. Deep inside the fiscal measure adopted Thursday, July 3, is a provision that limits income-tax write-offs for ...

WASHINGTON -- Senate Republicans on Thursday blocked an attempt to reverse a little-noticed provision from their tax and spending cuts law that professional gamblers warn could be the end of their ...

WASHINGTON (AP) — Senate Republicans on Thursday blocked an attempt to reverse a little-noticed provision from their tax and spending cuts law that professional gamblers warn could be the end of their ...

Professional gamblers, like sports bettors, rely on high volumes of play and statistical probability to generate thin profit margins. Now, a little-known amendment to the tax code included in the One ...

Explore whether you can gamble for a living in 2026. Cut through the myth, learn who can succeed, the risks involved, and why ...

The collective bargaining agreement includes this sentence: “Gambling on any NHL Game is prohibited.” This is a fairly common stance for professional leagues, including the NFL, which suspended Josh ...