New 2026 gambling tax limits loss deductions to 90%, raising taxes for bettors. Learn how Congress is responding and what ...

HIALEAH, Fla. — A Hialeah man is facing several felony charges after police said he committed a terrifying armed robbery at a food store in an apparent rage over having lost money at its gambling ...

If you’ve been waiting for the One Big Beautiful Bill tax changes for gambling losses to be reverted, you’re not alone. As Congress gets back to work, a big issue is on the table for gamblers and the ...

Legislation to restore a key gambling loss tax deduction still awaits further action as the U.S. House of Representatives returns to normal business. Congress has yet to act on legislation that would ...

If you’re into gambling or planning to hit the World Series of Poker (WSOP), there’s something critical you need to know ...

The 90% limit on deductibility of gambling losses is scheduled to take effect with the first tax year beginning January 1, 2026. Despite the proximity to the law being in effect, there is a late‑stage ...

Gambling can be thrilling, but it can also lead to huge losses. Throughout history, there have been many stories of people who lost a lot of money due to their gambling habits. This article looks at ...

A new tax law goes into effect on Thursday that is likely to have massive ramifications for gamblers.Starting on Jan. 1, 2026, only 90% of gambling losses will be able to be deducted on taxes at the ...