Gambling industry bankrolls members of Congress who push pro-gambling legislation
Campaign finance reveals that members of Congress, particularly from Nevada, are supporting pro-gambling legislation after receiving substantial donations from the gambling industry.Summary
A Washington Examiner review found that several members of Congress, including Reps. Susie Lee, Steven Horsford, Mark Amodei, and Diana Titus, have received significant campaign contributions from the gambling industry and are now supporting legislation favorable to that industry. Specifically, they are backing a bill to restore a full deduction for gambling losses on tax bills, reversing a recent reduction. These representatives, especially those in swing districts, have collectively received hundreds of thousands of dollars from casino companies like MGM Resorts, Caesars Entertainment, and Wynn Resorts, as well as from the American Gaming Association (AGA). The AGA and individual representatives have echoed similar rhetoric regarding the fairness of taxing 'phantom income' resulting from the current 90% deduction limit. While some other representatives also support the legislation, the financial ties are particularly strong for those from Nevada, where the gambling industry is a major economic driver.
(Source：Washington Examiner)