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Does anyone really understand the 10% issue. Let’s say you have $50,000 in tax forms but $100,000 in losses. Can you still claim $100,000 in losses so you don’t need to pay t...
A congressional effort to reverse a federal tax change affecting gambling losses moved forward this week after the House Ways and Means Committee approved legislation aimed at rest...
Taxpayers who itemize federal returns will likely be able to deduct 100% of their gambling losses against winnings for the 2026 tax year. On Wednesday (Sept. 16), the House Ways an...
A Nigerian man has revealed that he lost ₦4.1 million within seven hours after gambling on virtual games for four hours without recording a single win. The man, who opened up abo...
The House Ways and Means Committee today moved a tax package forward that includes language for 100% tax deduction of gambling losses, a crucial step to restore the full deduction...
Efforts to restore the full 100% tax deduction for gambling losses gained momentum this week after a House committee moved to repeal a key provision from the One Big Beautiful Bill...
Rep. Dina Titus (D-NV) reported her gambling loss tax deduction plan will be included in a tax package the House Ways and Means Committee will consider for approval this week. Titu...
A bipartisan crypto tax bill could restore the full gambling-loss deduction, but the proposal faces House and Senate votes before becoming law. The post Crypto Tax Bill Could Resto...
U.S. Rep. Dina Titus (D-NV) isn’t backing down from her fight to fully restore the federal gambling loss deduction, continuing her push for the House Ways and Means Committee to ad...
Indian casino operator Delta Corp reported a consolidated net loss of approximately ₹106 crore (INR1.06 billion) for the second quarter of FY27, compared with a profit of ₹...
A former executive at a social media firm with close ties to President Donald Trump spent 200 days gambling at a South Florida Hard Rock casino in a single year, allegedly feeding...
Weil Onlinecasinos illegal waren, können Spieler ihre Verluste bei den Veranstaltern einklagen. Der Bundesgerichtshof ist bereit zu helfen. mehr...
A former manager of a West Virginia nonprofit veterinary clinic has admitted embezzling more than $624,000 from his employer to feed an online gambling addiction—ultimately losing...
by Jack McGeever at CDN - A former college student who previously lost more than $100,000 gambling on sports turned to prediction markets after moving home to Utah, where betting...
Gary Benson previously won his gambling debt case, and now, a court says he can't collect the money.
Jiaying Chen, who tricked multiple men into fraudulent marriages to steal over $300,000 for her Las Vegas gambling habit, was sentenced Tuesday (Oct. 6) to nearly a year in Clark C...
A Malaysian influencer once famous for promoting gambling says he now drives for Grab about 10 hours a day just to cover basic expenses after running up some RM1 million (US$245,00...
A former college basketball player who defrauded cryptocurrency investors and gambled away their money on offshore casino Stake.com has pleaded guilty to federal fraud and money la...
Delta Corp reported a consolidated net loss of Rs 106 crore in Q2 FY27 against a profit of Rs 25 crore a year earlier. Revenue fell 13.1% to Rs 159 crore, while a Rs 137 crore exce...
Yvonne Ncube in Bulawayo A 22-YEAR-OLD man from Gokwe has died by suicide after losing US$300 of his employer’s money in a gambling wager. Kuzivakwashe Gava, who worked at a mobi...
A 25-year-old Connecticut man has pleaded guilty to federal fraud and money laundering charges after using money entrusted to him for cryptocurrency investments to gamble on offsho...
New York Attorney General Letitia James today announced the state secured $8 million from VGW Holdings and its affiliates for unlawfully running online gambling platforms in the Em...
A bill that includes an industry-backed provision to restore horseplayers' ability to claim 100% of their losses against any winnings in tax filings took a step forward Sept. 16.
Sarah Tyler, 58, has been jailed after stealing £883,976 from Cardiff solicitors' firm Hek Jones over almost six years while working as a legal manager
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