Mike Florio takes a deep dive into why there in bipartisan effort to change the language of the gambling portion of the big, ...

The provision tucked into the “Big Beautiful Bill” limits tax deductions for gambling losses, while still requiring ...

VICI Properties has high dividend yield amid rising risks. See more on VICI's interest rate headwinds, sector concentration, ...

Professional poker players and sports bettors, and a handful of members of Congress, are demanding a change to the massive ...

Nevada Senator Dina Titus is presenting the FAIR BET Act, an amendment to the bill that would address the issue and reinstate ...

An obscure provision in Donald Trump's 'big, beautiful bill' reduces the amount gamblers can deduct from taxes for betting losses.

One last-minute addition to Trump’s big bill has earned the wrath of Nevada’s congressional delegation — and rightfully so.

The Fair Bet Act, introduced by Representative Dina Titus (D), hopes to restore the 100% deduction for gambling losses.

An amendment tucked into the more than 1,000-page budget legislation by Senate Finance Committee Chairman Mike Crapo , R-Idaho, changed the tax code, limiting the amount gamblers can deduct from their ...

Senate language in the 'Big Beautiful' package cuts the amount of losses that gamblers can deduct in their taxes.

The "FAIR Bet Act" would reverse a provision that reduced gambling loss deductions from 100% to 90%, forcing gamblers to pay ...