President Donald Trump has opened the door to a dramatic shift in how Washington treats gambling, telling reporters he is willing to consider scrapping federal taxes on gambling winnings. The idea, ...

A thought leadership piece co-authored by Rutgers Business School professor Jay Soled explains why taxes should be eliminated ...

If you’re into gambling or planning to hit the World Series of Poker (WSOP), there’s something critical you need to know about: the “gambling winnings tax.” A major change to the tax code in 2026 is ...

In the wake of the House Rules Committee blocking the FAIR Bet Act, new legislation has already been introduced to repeal the new gambling tax law. H.R. 6985 is a new bipartisan House bill that would ...

South Dakota Republican Gov. Larry Rhoden signed three bills earlier this week that he said align with his “open for ...

It's a decent bet: Professional gamblers will become the first taxpayers ever to pay Uncle Sam for unrealized or "phantom" income in 2026. Processing Content That's because, barring changes to the One ...

Senate Bill 102, which appears headed for passage in the 2026 legislative session, would shift more gaming tax money to the ...