The Big Beautiful Bill is supposed to generate $1.1 billion in extra tax revenue from gamblers.
It won’t.
And, here’s how they could generate $100+ billion instead.
Buried within the BS Republican Budget bill is a provision that harms poker players and those who gamble by limiting loss deductions. I’m working on a legislative fix that fairly treats gaming losses in the tax code.
This new amendment to the One Big Beautiful Bill Act would end professional gambling in the US and hurt casual gamblers, too.
You could pay more in tax than you won.
Contact your representative quickly.