Bettors sound alarm over $1.1B tax hike in Trump’s Big Beautiful Bill: ‘This will kill professional gambling’

Bearish -67.0
Trump's “Big Beautiful Bill” includes a provision that will limit deductions for gambling losses to 90% of winnings, starting in the 2026 tax year.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.