Fairplaygov
@fairplaygov
Researching sports betting and fantasy sports policy in the USA
FAIR BET Act by @RepDinaTitus is out. Language gets right to the point. First reported by InGame.
NEW: @repdinatitus, a Nevada Democrat, has introduced a bill that would roll back the controversial cap on the amount of losses gamblers can claim on their taxes, undoing a provision in the just-signed Congressional budget
Gambling tax latest - Senate Finance Chair CRAPO on if he’d support reversing the gambling tax hike in the reconciliation bill: “I would not oppose it” The change was largely due to tweaks that Finance had to make for the current policy baseline. But there was Finance interest…
An under-the-radar tax hike in the One Big Beautiful Bill has rapidly turned into an uncomfortable political pressure point for Republicans. More from @LauraEWeiss16: punchbowl.news/article/financ…
🚨BREAKING: Senator Crapo (R-ID), the source of the unfair limitation on gambling loss deductions, is OPEN to restoring the 100% loss deduction provision, per his office 😬 However, Senate Majority Leader John Thune (R-SD), a powerful Republican Senator, could be a new thorn in…
NEW: Some Republicans push to undo gambling tax hike they passed in Trump's megabill House tax-writing W&M Chair @RepJasonSmith told me Wednesday it was a “mistake” by the Senate and needs to be undone. TED CRUZ wants it gone: "None of us knew about it" nbcnews.com/politics/congr…
Microbetting is not an actual thing. People keep using it as a term that means a specific thing. It is not and does not. Therefore it’s a completely inappropriate foundation for legislation. Bills like this are a waste of time and a gift to the unregulated market.
A New Jersey lawmaker is proposing to prohibit sportsbook operators from offering microbetting in the state, something that could be of particular concern to a company like DraftKings, which purchased microbetting tech provider Simplebet last year.
!!! Big step here toward repealing the gambling tax provision
NEWS from Las Vegas: Ways & Means Chair @RepJasonSmith told me in an interview he wants to REVERSE the gambling tax hike from the One Big Beautiful Bill SMITH said it was a "bad decision" & could "absolutely" be undone by year-end. He floated it as part of a bipartisan package
.@Polymarket is making a return to the U.S. after its latest acquisition. CEO @shayne_coplan gives his take on the rise of prediction markets, the company’s road to profitability & more: cnb.cx/46Vg3In
Americans deserve fair tax policy. That’s why I will be making my case for the FAIR BET Act this Friday in front of @WaysMeansCmte in @Vegas, the gambling capital of the country. Both sides of the aisle support this fix, and the Ways and Means Committee is the first hurdle to…
The UK Gambling Commission looked at 15 million active betting accounts to find out what percentage were restricted and the results may surprise you...
It’s a FAIR BET I’ll be there. 👀
Republicans are betting on billionaires and gambling with America’s future. Ways and Means is heading west this week.
End of an era Sports Illustrated Sportsbook ceasing operations
🤝Bipartisan support for the FAIR BET Act continues to grow! Thank you @GReschenthaler for co-sponsoring the FAIR BET Act. As co-chairs of the Congressional Gaming Caucus, we work together to promote policies that benefit the legal gaming industry, its employees, and its…