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Dina Titus urges House leaders to advance gambling-loss deduction bill

Regulation1 min read

Nevada representative Dina Titus has asked House Speaker Mike Johnson and Majority Leader Steve Scalise to advance the FAIR BET Act before Congress adjourns. The bill would restore the full federal deduction for gambling losses, reversing the 90% cap enacted in 2025; Titus said the cap could affect regulated markets and tax revenues. The House Ways and Means Committee approved the measure 38 to 5 in September, but it still needs a full House vote.

A push to restore the full federal gambling-loss deduction is back before House Republican leaders, with Nevada Congresswoman Dina Titus urging action on the FAIR BET Act before the year's adjournment. In a letter to Speaker Mike Johnson and Majority Leader Steve Scalise, she requested that the legislation be included in a major spending measure or another bill that must pass before the session ends.

Titus warned that the cap could drive players to offshore sites with weaker consumer protections and damage regulated gambling markets. She said it could reduce domestic tax revenue, deter gaming industry investment and threaten jobs.

Following their November midterm election victory, Democrats are due to assume control of the House in January. If GOP leaders do not act before the current session ends, Titus may try again under the incoming congressional majority.

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