Taxes July 24, 2025
IRS Slot Machine Jackpot Threshold is Going Up, Experts Say
The slot reporting threshold is governed by an IRS regulation, so the change will not go into effect until the agency updates its rules.
Taxes July 14, 2025
Nevada’s Titus, Trump Loyalists Align on Challenging Gambling Tax
Las Vegas Democratic Rep. Dina Titus is expanding the coalition opposing a last-second provision added to President Donald Trump's "big, beautiful bill" capping how much can be deducted from gambling winnings to 90% of losses.
Taxes July 11, 2025
Gambling Tax Repeal Bill Blocked in Senate
Nevada Democratic Sen. Catherine Cortez Masto sought to reverse the cut in losses deduction that was included in the One Big Beautiful Bill Act, but she ran into objections from some Republicans.
Taxes July 7, 2025
Bill Introduced to Combat ‘Anti-Gambling’ Measure in Trump Tax Bill
A Nevada lawmaker has proposed a bill that would restore a gambler’s ability to deduct 100 percent of losses on annual tax filings, which was altered in the One Big Beautiful Bill Act signed into law last week.
Taxes July 2, 2025
How Trump Tax Bill Could Impact Gamblers
A Nevada lawmaker and a downtown Las Vegas casino owner are among those united in opposition to a provision in the proposed federal budget bill that would limit declarable losses for gamblers.