The tax code could drastically change for poker players in just a few weeks, causing the 10-time bracelet winner to consider retirement.
If you’ve been waiting for the One Big Beautiful Bill tax changes for gambling losses to be reverted, you’re not alone. As Congress gets back to work, a big issue is on the table for gamblers and the ...
The recent NBA betting scandal that led to more than 30 arrests has spurred renewed regulatory and fan focus on illegal gambling and professional sports. Financial advisors, meanwhile, say the spike ...
Legislation to restore a key gambling loss tax deduction still awaits further action as the U.S. House of Representatives returns to normal business. Congress has yet to act on legislation that would ...
It's a decent bet: Professional gamblers will become the first taxpayers ever to pay Uncle Sam for unrealized or "phantom" income in 2026. Processing Content That's because, barring changes to the One ...
The 90% limit on deductibility of gambling losses is scheduled to take effect with the first tax year beginning January 1, 2026. Despite the proximity to the law being in effect, there is a late‑stage ...
LOUISVILLE, Ky. (WDRB) -- The threats were specific, violent and deeply personal. A newly released University of Louisville police report offers chilling new details in the case of a Texas man accused ...
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Biggest Gambling Losses in History
Gambling can be thrilling, but it can also lead to huge losses. Throughout history, there have been many stories of people who lost a lot of money due to their gambling habits. This article looks at ...
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