Rep. Dina Titus is on a mission to clean up a tax mess that blindsided poker players last year.
When President Trump’s OBBA Act quietly limited gambling loss deductions, it left many pros wondering if the game was still worth it. Titus explained to PokerNews that the provision was “added in the Senate, kind of in the dark of night,” and not even Nevada’s own senator caught it in time.
“We were going through it and found that provision and said, we got to get this out of here.”
The FAIR BET Act aims to restore the 100 percent deduction for gambling losses, so that, as Titus puts it, “bettors aren’t taxed on money they haven’t won.” This isn’t just about the pros either. “It’s like the casual bettor,” she says, noting the bill has bipartisan support and backing from key House committees.
With Congress involved, it’s anyone’s guess how long it’ll take, but Titus seems “optimistic we’ll get it done.”
