A new law capping gambling loss deductions at 90% went into effect on Jan. 1, 2026. The new gambling tax policy forces ...
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2026 gambling tax change: New limit on loss deductions
A new tax law effective in 2026 limits gambling loss deductions to 90% of winnings. Learn how this creates "phantom income" ...
Poker Hall of Famer Erik Seidel has won 10 World Series of Poker bracelets while earning tens of millions of dollars in ...
In a filing in the case involving Emmanuel Clase of the Cleveland Guardians, the bettor said he had never been tipped off ...
She didn't go food shopping or have gas to heat her home, but Kiki Marriott made sure she still had electricity and wi-fi to ...
From an NBA coach allegedly tied to the mob to MLB pitchers accused of fixing pitches, 2025 marked a year of major gambling scandals shaking professional and college sports.
Set to make his NFL playoff debut on Sunday, Kayshon Boutte has come a long way since he “lost it all” to sports gambling, as ...
Pope Leo XIV warned about the danger that gambling poses to many families during a Dec. 29 audience with members of the ...
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