Boost Us
Redeem BoostCoins for Prizes

Home›Forum›News and Gossip›Licenses and Regulations›The Big Beautiful Bill and its consequences

The Big Beautiful Bill and its consequences

Reply to thread
Mark Spence Mark Spence
Bronze VIP
Feedback Receiver GB Feedback Giver B&W Feedback Receiver Gold Feedback Receiver Silver Feedback Receiver Bronze Feedback Receiver B&W Overachiever
315 posts
Member since:

Didn’t think at first that this would become big, but now plenty of media have picked up on it, so it’s worth a thread, I guess.

07/22/2025 at 3:46 pm
22
Mark Spence Mark Spence
Bronze VIP
Feedback Receiver GB Feedback Giver B&W Feedback Receiver Gold Feedback Receiver Silver Feedback Receiver Bronze Feedback Receiver B&W Overachiever
315 posts
Member since:

This was our first piece on the BBB. Seems they are targeting gamblers as well now.

The Big Beautiful Bill – Hidden Tax Trap for Gamblers

07/22/2025 at 4:01 pm
Mark Spence Mark Spence
Bronze VIP
Feedback Receiver GB Feedback Giver B&W Feedback Receiver Gold Feedback Receiver Silver Feedback Receiver Bronze Feedback Receiver B&W Overachiever
315 posts
Member since:

Then there was this…

Is the AGA Throwing American Gamblers Under the Bus?

07/22/2025 at 4:08 pm
Mark Spence Mark Spence
Bronze VIP
Feedback Receiver GB Feedback Giver B&W Feedback Receiver Gold Feedback Receiver Silver Feedback Receiver Bronze Feedback Receiver B&W Overachiever
315 posts
Member since:

There seems to be some resistance at least.

Big Beautiful Bill Stirs Resistance in Nevada

07/22/2025 at 4:13 pm
maxi.mo. maxi.mo.
Novice
Feedback Giver B&W
23 posts
Member since:

Just read the bill – it caps loss deductions at 90%, so 10% of your documented losses become “phantom” taxable income. Even if you break even, you’ll owe taxes on money you never pocketed. This is a stealth tax.

07/22/2025 at 4:41 pm
ILOVESLOTS ILOVESLOTS
Novice
27 posts
Member since:

That 10% nondeductible carve‑out could generate tens of millions for the Treasury without raising headline rates. It also discourages high‑volume “sharp” players, arguably boosting casino hold percentages

07/22/2025 at 4:44 pm
TurnDownForWhat TurnDownForWhat
Student
Feedback Receiver Bronze Feedback Giver B&W Feedback Receiver B&W Casino Critic B&W Game Enthusiast B&W
102 posts
Member since:

I’m a weekend bettor – never thought I’d owe tax if I break even. Now I might, thanks to this so‑called “Big Beautiful Bill.” Feels like they’re penalizing fun

07/22/2025 at 4:48 pm
Bartleby Bartleby
Student
Feedback Receiver Bronze Feedback Giver B&W Casino Critic Bronze Casino Critic B&W Feedback Receiver B&W Game Enthusiast B&W
92 posts
Member since:

Nevada’s delegation is fighting back. Rep. Dina Titus introduced the FAIR BET Act to restore full loss deductibility – and she’s got bipartisan support, including from Rep. Mark Amodei

07/22/2025 at 4:50 pm
Tati_8 Tati_8
Novice
Feedback Giver B&W
28 posts
Member since:

Any tax that targets a specific pastime like this is unconstitutional. It’s a slippery slope: today gamblers, tomorrow another hobby. We need full repeal.

07/22/2025 at 4:54 pm
maxi.mo. maxi.mo.
Novice
Feedback Giver B&W
23 posts
Member since:

On the Senate side, Cortez Masto tried unanimous consent to roll back the cap, with Cruz and Rosen backing her – but Sen. Todd Young objected and tied it to unrelated amendments. Talk about political gamesmanship.

07/22/2025 at 5:40 pm
ILOVESLOTS ILOVESLOTS
Novice
27 posts
Member since:

The AGA, curiously, praised the bill for “competitiveness and job creation,” while glossing over the loss‑cap provision. It’s clearly a strategic move to stay in the administration’s good graces

07/22/2025 at 5:44 pm
TurnDownForWhat TurnDownForWhat
Student
Feedback Receiver Bronze Feedback Giver B&W Feedback Receiver B&W Casino Critic B&W Game Enthusiast B&W
102 posts
Member since:

So the industry lobby group backs a policy that screws over its own customers? Doesn’t compute.

07/22/2025 at 5:48 pm
Bartleby Bartleby
Student
Feedback Receiver Bronze Feedback Giver B&W Casino Critic Bronze Casino Critic B&W Feedback Receiver B&W Game Enthusiast B&W
92 posts
Member since:

Derek Stevens of Circa warns it’ll cut state revenues by chasing away sharps and reducing play volume. If Nevada loses gaming income, we all pay in higher taxes elsewhere.

07/22/2025 at 5:53 pm
1 2

Join the community

You must be logged in to add a comment.
Log in Sign up

Privacy settings

Decide which cookies you want to allow. You can change these settings at any time. We use essential cookies to ensure our website’s proper functionality. If you disable cookies, parts of our website gambleboost.com may not work properly. For information on deleting cookies, please consult your browser’s help center. Learn more about the cookies we use on our website in our cookie notice.

Use the slider to enable or disable different types of cookies:

This website will:

  • Remember which cookies group you accepted
  • Essential: remember your cookie permission settings
  • Essential: allow session cookies
  • Essential: remember information you put into contact forms, the newsletter form, and other forms across all pages
  • Essential: remember your shopping cart items
  • Essential: authenticate that you are logged into your user account
  • Essential: remember the language version you selected

This website will not:

  • Remember login details
  • Functional: remember social media settings
  • Functional: remember the selected region and country
  • Statistics: keep track of your visited pages and interactions taken
  • Statistics: keep track of your location and region based on your IP address
  • Statistics: keep track of the time you spent on each page
  • Statistics: increase the data quality of the statistics functions
  • Marketing: use information for tailored advertising with third-party partners
  • Marketing: allow the connection to social sites
  • Marketing: identify the device you are using
  • Marketing: collect personal identifiable information such as name and location

This website will:

  • Remember which cookies group you accepted
  • Essential: remember your cookie permission settings
  • Essential: allow session cookies
  • Essential: remember information you put into contact forms, the newsletter form, and other forms across all pages
  • Essential: remember your shopping cart items
  • Essential: authenticate that you are logged into your user account
  • Essential: remember the language version you selected
  • Functional: remember social media settings
  • Functional: remember the selected region and country

This website will not:

  • Remember login details
  • Statistics: keep track of your visited pages and interactions taken
  • Statistics: keep track of your location and region based on your IP address
  • Statistics: keep track of the time you spent on each page
  • Statistics: increase the data quality of the statistics functions
  • Marketing: use information for tailored advertising with third-party partners
  • Marketing: allow the connection to social sites
  • Marketing: identify the device you are using
  • Marketing: collect personal identifiable information such as name and location

This website will:

  • Remember which cookies group you accepted
  • Essential: remember your cookie permission settings
  • Essential: allow session cookies
  • Essential: remember information you put into contact forms, the newsletter form, and other forms across all pages
  • Essential: remember your shopping cart items
  • Essential: authenticate that you are logged into your user account
  • Essential: remember the language version you selected
  • Functional: remember social media settings
  • Functional: remember the selected region and country
  • Statistics: keep track of your visited pages and interactions taken
  • Statistics: keep track of your location and region based on your IP address
  • Statistics: keep track of the time you spent on each page
  • Statistics: increase the data quality of the statistics functions

This website will not:

  • Remember login details
  • Marketing: use information for tailored advertising with third-party partners
  • Marketing: allow the connection to social sites
  • Marketing: identify the device you are using
  • Marketing: collect personal identifiable information such as name and location

This website will:

  • Remember which cookies group you accepted
  • Essential: remember your cookie permission settings
  • Essential: allow session cookies
  • Essential: remember information you put into contact forms, the newsletter form, and other forms across all pages
  • Essential: remember your shopping cart items
  • Essential: authenticate that you are logged into your user account
  • Essential: remember the language version you selected
  • Functional: remember social media settings
  • Functional: remember the selected region and country
  • Statistics: keep track of your visited pages and interactions taken
  • Statistics: keep track of your location and region based on your IP address
  • Statistics: keep track of the time you spent on each page
  • Statistics: increase the data quality of the statistics functions
  • Marketing: use information for tailored advertising with third-party partners
  • Marketing: allow the connection to social sites
  • Marketing: identify the device you are using
  • Marketing: collect personal identifiable information such as name and location

This website will not:

  • Remember login details
Save & Close