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 ...

Nevada Sens. Jacky Rosen and Catherine Cortez Masto voted against President Trump's 'Big Beautiful Bill', which adds nearly ...

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

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

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

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

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

Rep. Dina Titus filed the FAIR BET Act, which would remove provisions of the budget bill and allow gamblers to write-off 100% ...

The impact of the gambling losses tax change is not expected to change much for casual gamblers in Nevada or online, but it could prove significant for professional gamblers.