Nevada Congresswoman Dina Titus believes she can revert a caveat of Donald Trump’s One Big Beautiful Bill Act (OBBBA) that critics believe has set a tax on gambling losses.
Titus held a Town Hall in Las Vegas to restate her intention to fight against a legal change which, in her words, would affect professional gamblers, tourism and the industry and people who work within it.
Under the OBBBA, an individual can breakeven but still owe taxes. Its provisions include dropping the limit on gambling losses which can be deducted from year-end taxes from 100% to 90%.
Critics, such as Representative Titus, the American Gaming Association (AGA) and various concerned gamblers, argue that this will effectively force professional gamblers to pay tax on money that they have already spent with operators.
Titus is leading the charge to reverse the change, saying that it will have a great impact for all involved – and expressing confidence that aspects of the Act can be reversed.
“I’m optimistic that when we go back, we’ll have a chance to fix this,” she said at the town hall, held at Las Vegas City Hall.
“We have a little time, but we don’t want to drag around, we want to get it done.”
The Fair Bet Act, which is Titus’s response to the OBBBA, has the support of every member of Nevada’s House Delegation, and Republicans and Democrats have said they agree with it.
Titus also went on to say that while Americans prefer to gamble in their own country, they will look for offshore alternatives should this ruling continue.
Having officially stated her intent to change the OBBBA in July, she claimed in her government statement that the change would push people to not report their winnings and to use unregulated platforms.
A professional gambler, interviewed by 8 News Now, even claimed he could leave the country if the ruling remained.
“We don’t think it’s fair for the American betting community to be taxed on money that they don’t win,” said Adam Robinson of the American Bettors Voice, who was part of the panel in Vegas with Titus.
