UFC President Dana White isn’t just calling the shots in the Octagon, he’s now taking aim at a law that limits US taxpayers from deducting more than a fraction of their gambling losses. In a letter to President Donald Trump, White urged action to overturn the 90% deduction cap, a law passed last year that comes into effect this year.
Prediction markets are taking notice. On Kalshi, the odds of repeal jumped from virtually 0% to 14% before September 1, 2026, and from 15% to 38% before 2027.
As we know, Kalshi, the prediction market platform where users can bet on real-world outcomes, currently has a market on whether this year’s WSOP Main Event will surpass 10,000 entries. And right now, the odds aren’t looking great.
What was once viewed as slightly better than a coin flip after the WSOP schedule release has now dropped to just a 34% chance of eclipsing the 10,000-entry mark again. That sharp decline seems to have happened after the payment methods were revealed, along with the 2% fee on credit cards and PayPal. Maybe that’s the reason?
That said, trading volume has been pretty small so far, only around $27,000 wagered, so this could simply reflect a shift in sentiment among a handful of bettors rather than the broader poker community.
Last year’s WSOP Main Event drew 9,735 entries, falling short after two consecutive record-breaking years above 10,000. Some pointed to softer Vegas tourism numbers and the impact of Trump-era policies and rhetoric on international travel as contributing factors.
Maybe this year rebounds. But for now, Kalshi bettors aren’t convinced.
What do you think — does the 2026 WSOP Main Event get back above 10,000 entries?
The Lodge Card Club, Texas’ largest card room, will finally reopen on May 26 after being shut down by a TABC raid in March. According to PokerNews, the raid was due to suspicions of illegal gambling and money laundering, leading to the club’s assets being seized and operations halted.
Top shareholders Doug Polk, Jake Abdalla, and Jason Levin found themselves under the spotlight, but a grand jury decision in April meant no indictments and the return of assets.
The club is set to bring back both cash games and tournaments from day one, with the first event being a $50 no-limit hold’em turbo at 10:15 a.m. Staff are being rehired and the lights are coming back on, just in time to coincide with the first day of the 2026 World Series of Poker in Las Vegas.
The World Series of Poker has come out with more information about its latest dealer rating feature. There will be $100,000 in bonus cash added, spread across all 100 bracelet events.
The top three rated dealers in each event will get to split $1,000, and ratings refresh for every event, so every tournament starts with a clean slate.
Opinions are still divided within the poker community, but adding some extra cash for the hard-working folks that make the series tick certainly helps.
The crew at Table 1 Podcast came through once again with a great guest. Yes, it’s Allen Kessler, the man who’s been around poker and gambling for decades, and although people often question how good he is, he must be doing something right.
If you’re curious about the life of the man they call 'The Chainsaw,’ you’ll definitely want to tune in for some fun poker and slots stories, and much more.
Even after losing nearly $100,000 in recent high-stakes cash games, Deeb remains undeterred.
“I always feel like me and Phil’s exact rapport, I’m the one person he can’t just bring up his accolades against and brag about all he’s done, because he knows deep down I’m going to pass him in bracelets,”
Hellmuth, who currently holds 17 bracelets, is still sitting pretty, especially after booking a $14,000 win while playing his trademark tight style. Deeb, with nine bracelets to go, is banking on time and his two WSOP Player of the Year awards to close the gap. The race is on, but Hellmuth’s lead is still safe for now.
He was once a legal superstar and now is a convicted felon.
According to PokerNews, Goldstein won over $1.7 million gambling in 2025, but claims it was all before his January arraignment. Prosecutors are skeptical and have pointed out that he reported over $3 million in taxable income for the year, much of it from gambling.
Without a clear timeline, players are headed elsewhere whilst Stars remains shuttered.
They better not wait too long too launch or it may be hard attracting people back…
He reached nearly $160,000 in chips at one point before coming back to earth, but he kept his top spot on the leaderboard.
Meanwhile, Phil Hellmuth managed a win, though PokerOrg points out it was a modest one.
Lilian Welch has been a familiar face at the Grosvenor G Casino in Blackpool for 14 years, but now she can add a new title to her collection: 888poker UKPL Blackpool Main Event champion.
At 83 years old, Welch outlasted a field of 318 entries to claim £31,390, the biggest score of her career.
The £560 buy-in event saw a prize pool of £151,050 and paid 38 spots, with notable players like Brandon Sheils and 888poker Ambassador Ian Simpson making the money. Welch’s win shows that sometimes, playing for fun is the best strategy of all.
Did any one else know these?
I also liked the fact that a lot of common phrases come from playing cards, such as 'following suit’ or 'playing your cards close to your chest’.
The site first announced 700,000 concurrent players, then 800,000, and finally crossed the 900,000 mark as the day went on.
The GG World Festival is offering $300 million in guaranteed prize money and runs through June 9. Even on weekdays, GGPoker is boasting over 400,000 concurrent players, a number its competitors can only dream of.