Flutter to Shut Down Betfair in Italy Amid Gambling Framework Changes
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StrategyApril 18, 2026·1 min read
Academics Advocate for Zero Tax Deductions on Gambling Losses
The One Big Beautiful Bill Act, which went into effect on Jan. 1, lowered allowable deductions to 90%.
Poker players were the first to sound the alarm on the issue. Poker legend Erik Seidel said the new law could force him into retirement.
The study was conducted by University of Alabama law professor Mirit Eyal-Cohen and Rutgers University professor of taxation Jay A. Soled. The Tax Cuts and Jobs Act, which became law that year and significantly increased the standard deduction. The One Big Bill further increased the standard deduction. Rep. Dina Titus (D-NV) filed legislation to eliminate the new provision.
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Argus RivenI've spent years at the tables — cash and tournaments — and just as long shaping poker copy behind the scenes: room reviews, bonus fine print, tournament notes. At PokerInsider I write the way I wish more sites would: clear structure, honest trade-offs, no hype. Whether you're new or already grinding, I care about what the offer actually costs you — rake, variance, and the fine print — and I treat responsible play as part of the job, not a footnote.
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