SectorWire
SearchRegister
MenuClose

Citizens analyst says proposed US tax change poses limited risk to major operators

Regulation

Citizens Capital Markets and Advisory analyst Jordan Bender said the proposed One Big Beautiful Bill Act is unlikely to materially affect major publicly traded gaming companies. The bill would limit wagering-loss deductions to 90% of losses for the tax year, which Bender said could particularly affect professional poker players.

The proposal could alter tax exposure for bettors while having limited effects on major operators, according to the analyst.

End-of-day close Churchill Downs (CHDN), USD, to 21 August 2025
Story date23 May 202521 August 2025

Request a correction

Flag an issue

Keep reading