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Welcome to Trendlines, your weekly installment of what’s trending up and what’s trending down in the world of sports.
President Donald Trump's tax bill, signed into law July 4, reduces how much in losses a gambler can deduct. Here's how the ...
People are concerned over changes to gambling deductions and new taxes passed by Congress in the Big Beautiful Bill.
Both the House of Representatives and the Senate have launched efforts to undo the change to the tax laws regarding gambling.
The ‘Big Beautiful Bill’ included tax provisions on betting and gambling earnings, and now a group of leaders is pushing for ...
The rush to fix the predicament that President Donald Trump’s “One Big Beautiful Bill Act” may put sports bettors in next year has lost momentum.
An earlier version of the bill included exemptions for religious colleges, including Notre Dame. An Indiana senator is trying to bring it back.
The One Big Beautiful Bill Act includes a measure that only allows gamblers to deduct 90% of their losses against 100% of their gains.
Rep. Jeff Van Drew (R-NJ) on Thursday pressed the U.S. Department of the Treasury to explicitly include casino workers in the ...