Nine-year NBA veteran Malik Beasley has been indicted on federal charges for gambling related to a sports betting scheme, such as point shaving and prop bets, his attorney Steve Haney tells ESPN. The government is coordinating a voluntary surrender of Beasley this week.
Thank you @danawhite for keeping up the pressure on @POTUS to restore the 100% tax deduction for gambling losses. I've led the fight here in Congress to get this fixed with bipartisan support. We cannot postpone this issue any longer.
New: UFC President Dana White has sent a letter to President Donald Trump asking him to help reverse the 90 percent limit on gambling loss deductions for US taxpayers that became law last year.
The issue has been a concern for both bettors and the gambling industry itself.