Add Yahoo as a preferred source to see more of our stories on Google. Yuliia Kaveshnikova / Getty Images According to the American Gaming Association (AGA), commercial gaming earnings reached a new ...
Boing Boing on MSNOpinion
Americans now lose a quarter of a trillion dollars a year gambling
Americans will lose about $250 billion gambling this year, reports Joey Politano, a number that's up 60% in half a decade.
A new tax cap on gambling loss deductions could raise costs for high rollers and shift bettors toward prediction markets and unregulated alternatives. The "Big Beautiful Bill" limits gambling loss ...
Congressional gridlock and a federal shutdown stall efforts to restore full gambling loss tax deductions before 2026. Wednesday’s federal government shutdown has become Congress’ No. 1 priority, ...
Even though gambling is heavily regulated in SC, the Palmetto State still ranks among the worst states for gambling losses.
According to the American Gaming Association (AGA), commercial gaming earnings reached a new April record of $6.18 billion — an annual increase of 5.6%. The report also shared that commercial gaming ...
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