Gambling provision in Trump’s megabill is primed to hurt Nevada’s economy
A provision of President Donald Trump’s One Big Beautiful Bill Act that caps the federal tax deduction for gambling losses at 90% will be costly for gamblers and the Nevada economy, but a potential boon to the illegal betting industry, say experts who joined U.S. Rep. Dina Titus (D-NV) Monday in Las Vegas to discuss her effort to restore the full deduction.