{"id":746,"date":"2025-07-03T14:13:39","date_gmt":"2025-07-03T14:13:39","guid":{"rendered":"http:\/\/www.masteringphsyics.com\/?p=746"},"modified":"2025-07-09T13:14:52","modified_gmt":"2025-07-09T13:14:52","slug":"nevada-congresswoman-dina-titus-to-fight-for-gamblers-against-big-beautiful-bill","status":"publish","type":"post","link":"http:\/\/www.masteringphsyics.com\/index.php\/2025\/07\/03\/nevada-congresswoman-dina-titus-to-fight-for-gamblers-against-big-beautiful-bill\/","title":{"rendered":"Nevada Congresswoman Dina Titus to Fight for Gamblers Against Big Beautiful Bill"},"content":{"rendered":"

The post Nevada Congresswoman Dina Titus to Fight for Gamblers Against Big Beautiful Bill<\/a> appeared first on Vegas Slots Online News<\/a>.<\/p>\n

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Bill on edge<\/h2>\n

Democratic Congresswoman for Nevada Dina Titus has pledged to fight for gamblers against the controversial new tax laws included in President Donald Trump\u2019s proposed \u201cBig Beautiful Bill.\u201d<\/p>\n

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gamblers will only be able to deduct 90% of their losses from their tax obligations<\/p>\n<\/blockquote>\n

The bill, which covers a wide range of taxing and spending plans, includes a controversial change to the law in which gamblers will only be able to deduct 90% of their losses from their tax obligations, which major industry figures have stated will harm recreational gamblers and destroy the livelihoods of professionals<\/a>.<\/p>\n

The bill will face a final vote shortly in the House of Representatives, with Trump\u2019s team reportedly working through the night to convince Republican rebels.<\/p>\n

Poker players threatened<\/h2>\n

The Big Beautiful Bill has been controversial from its inception, and covers issues as diverse as increasing funding for Immigration and Customs Enforcement (ICE) to slashing government spending on Medicaid.<\/p>\n

For gamblers, however, the 90% threshold for declaring gambling losses has been a major sticking point, with some predictions that it could end the livelihoods of professional poker players in the United States.<\/p>\n

With only 90% permissible deductions, players could win $950,000 and lose $1,000,000 over a calendar year for a $50,000 loss \u2013 but still end up owing taxes on $50,000, leading to a double whammy which would quickly make playing poker for a living next to impossible.<\/p>\n

That has led several high-profile players, such as Phil Galfond, to encourage people to contact their representatives to urge them to prevent the new tax rules from coming into force.<\/p>\n

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This new amendment to the One Big Beautiful Bill Act would end professional gambling in the US and hurt casual gamblers, too.<\/p>\n

You could pay more in tax than you won.<\/p>\n

Contact your representative quickly. pic.twitter.com\/U5yToBZDcQ<\/a><\/p>\n

\u2014 Phil Galfond (@PhilGalfond) July 1, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Titus lends support<\/h2>\n

In what will be welcome news to both recreational and professional players, Rep. Titus stated in a post on her X account that she was \u201cworking on a legislative fix\u201d to remedy the issue.<\/p>\n

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Buried within the BS Republican Budget bill is a provision that harms poker players and those who gamble by limiting loss deductions. I\u2019m working on a legislative fix that fairly treats gaming losses in the tax code.<\/p>\n

\u2014 Dina Titus (@repdinatitus) July 2, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Additionally, on Wednesday, Titus raised further concerns about the potential effects of the bill on the gambling industry.<\/p>\n

it pushes people into the black market if they don\u2019t do regulated gaming\u201d<\/p>\n

Speaking during an appearance on \u201cThe Hill,\u201d Titus said: \u201cIt pushes people into the black market if they don\u2019t do regulated gaming because they have a tax disadvantage, and the black market doesn\u2019t pay taxes, isn\u2019t regulated, doesn\u2019t help with problem gaming, so it\u2019s bad for the industry as well as for the player.\u201d<\/p>\n

\u201cThere\u2019s still a bias against gaming,\u201d Titus added. \u201cAnd we found it and thought, well, this is not good for people who enjoy coming to Las Vegas to gamble. We\u2019re not talking about only professional poker players. We\u2019re talking about, you know, the average people who want to play a game of poker or pull a slot machine handle.\u201d<\/p>\n

The result of the vote is expected within the coming hours.<\/p>\n

The post Nevada Congresswoman Dina Titus to Fight for Gamblers Against Big Beautiful Bill<\/a> appeared first on Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The post Nevada Congresswoman Dina Titus to Fight for Gamblers Against Big Beautiful Bill appeared first on Vegas Slots Online News. Bill on edge Democratic Congresswoman for Nevada Dina Titus has pledged to fight for gamblers against the controversial new tax laws included in President Donald Trump\u2019s proposed \u201cBig Beautiful Bill.\u201d gamblers will only be […]<\/p>\n","protected":false},"author":1,"featured_media":324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-poker"],"_links":{"self":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts\/746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/comments?post=746"}],"version-history":[{"count":1,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts\/746\/revisions"}],"predecessor-version":[{"id":747,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/posts\/746\/revisions\/747"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/media\/324"}],"wp:attachment":[{"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/media?parent=746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/categories?post=746"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.masteringphsyics.com\/index.php\/wp-json\/wp\/v2\/tags?post=746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}