Rep. Dina Titus urges Congress to restore full gambling deductions to protect consumers
Rep. Dina Titus is advocating for the restoration of full federal gambling loss deductions, arguing recent tax changes unfairly burden gamblers.Summary
Representative Dina Titus is actively campaigning for Congress to reinstate the full deduction of gambling losses on federal taxes. Since the passage of the 2025 Budget Bill, which limited this deduction, Titus has consistently argued that the change negatively impacts both professional and casual gamblers. She introduced the FAIR BET Act in July 2025 to permanently restore the 100% loss deduction, but has faced repeated setbacks. Titus recently sent a letter to the House Ways and Means Committee leadership, urging them to consider a “common-sense tax fix,” and has garnered support from major industry players like the American Gaming Association, MGM, DraftKings, and Caesars. She emphasizes that the current policy creates a tax burden on 'phantom income' and disproportionately affects states like Nevada, a major gambling hub.
(Source：Readwrite)