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Gambling Tax

Horse Racing Tax Poker Tax Provisions Gambling Tax Amendment Professional Gamblers Gambling Losses Fair Bet Act Republican Lawmakers FAIR BET Act Trump Tax Bill

House Rules Committee Blocks FAIR BET Amendment to Defense Bill

The move keeps a 2026 tax change capping gambling loss deductions at 90% on track, pushing supporters to pursue alternative fixes.

Congress Moves to Restore Full Gambling Loss Deduction After Surprise 90% Cut

One Big Beautiful Bill Heads to Trump With 90% Gambling Loss Deduction Cap