Rep. Dina Titus Presses House GOP Leadership to Restore Full Gambling Loss Deductions
Rep. Dina Titus urges House GOP leaders to restore full gambling loss deductions via the FAIR BET Act before adjournment.Summary
U.S. Rep. Dina Titus, a Nevada Democrat representing the Las Vegas Strip, has sent a letter to House Speaker Mike Johnson and Majority Leader Steve Scalise urging them to include FAIR BET Act language in must-pass legislation before the session ends. The act would restore the gambling loss deduction to 100%, reversing last year's change that cut it to 90% under the One Big Beautiful Bill Act. Under the current rule, a gambler reporting $100,000 in winnings and $100,000 in losses would still owe taxes on $10,000. Titus introduced the FAIR BET Act in July 2025; it passed the House Ways and Means Committee 38-5 in September and awaits floor action. She argues the 90% cap unfairly burdens gamblers and drives them to unregulated offshore markets, reducing tax revenue and harming regulated operators. With the House set to adjourn next month, Titus urges swift action; if omitted, she may reintroduce the measure in January when Democrats take control.
(Source：Sccg Management)