Poker Players Push Back Against New Tax and Gambling Laws
TL;DR Summary
A new tax provision in President Trump's recent legislation increases taxes on professional poker players and high-stakes gamblers, making losses only 90% deductible and potentially forcing many out of the industry, sparking widespread outrage among players and lawmakers.
- Making a living as a poker player is hard. The ‘Big Beautiful Bill’ makes it harder NPR
- Exclusive: Democrat on Bipartisan Push to Undo Part of 'Big Beautiful Bill' Newsweek
- AGA gives backing to restoring gambling loss tax deduction rules EGR North America
- A taxing change for VIPs: Will Trump's omnibus bill force books to add sweeteners for whale players? igamingbusiness.com
- Poker players call foul on Trump's tax and spending law Central Florida Public Media
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