US Representative Dina Titus is urging the House Ways and Means Committee to advance the FAIR BET Act, which would restore a 100% federal deduction for gambling losses. The current rate is 90%, and the committee has not yet acted on the bill, according to the report.
A change to the deduction could affect bettors’ federal tax treatment and gambling operators’ customers.
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Bonus.com reported that the IRS held a hearing on 17 July 2026 about the 90% gambling loss deduction rule for the 2026 tax year. Speakers sought repeal or clarification, warning that the limit could create taxable income without an overall gambling profit.
The Ninth Circuit Court of Appeals ruled that Nevada can apply its gaming laws to Kalshi. Nevada’s congressional delegation welcomed the decision, while analysts said the legal dispute would continue.
Brazil’s Supreme Federal Court (STF) is considering the constitutionality of Provisional Measure 1,394/2026, which temporarily suspended the regulated fixed-odds betting market. At a 3 November hearing, Justice Luiz Fux raised questions about legal certainty, non-retroactivity and the measure’s constitutional basis; the source says the court may consider how a ruling affects companies already approved. A separate appellate ruling granted temporary relief to CDA Gaming, though the source text ends before detailing its effect.
Justice Luiz Fux of the Supreme Federal Court (STF) scheduled a hearing on November 3, and 36 associations attended to debate Provisional Measure (MP) 1,394/2026. Under that measure, Brazil's regulated fixed-odds betting market was put on temporary hold.
Researchers from four Irish universities have proposed tighter gambling controls in Ireland, including restrictions on low-cost scratchcards, according to the study. It suggests minimum gambling spend thresholds of €5, €10 or €15 and measures such as stricter advertising rules, health warnings and higher taxes. Lead author Dr Frank Houghton of the Technological University of the Shannon said policymakers could draw on tobacco-control measures.
Researchers from four Irish universities are calling for tighter gambling controls, with low-cost scratchcards among the targets. They suggest setting the lowest permitted gambling spend at €5, €10 or €15, aiming to curb impulsive play and gambling by under-age people.
Brazil's Federal Court of Accounts (TCU) unanimously dismissed a complaint alleging federal inaction over illegal betting, ruling that it did not identify a specific unlawful act or an unfulfilled duty. The court noted that the Ministry of Finance's betting secretariat had monitored and acted against unauthorised operators before Provisional Measure 1.394/2026; the measure remains subject to congressional review.
Brazil's Federal Court of Accounts (TCU) has dismissed and archived a complaint alleging omission, inertia or insufficient action by the state and federal bodies over the spread of illegal betting platforms. The Second Chamber approved ruling 5.284/2026 unanimously at its session on 27 October. It found that the complaint pointed to no unlawful act, no body that failed to act and no unfulfilled duty.