Rep. Dina Titus (D-Nevada) has urged the Home Methods and Means Committee to advance the Truthful Accounting for Revenue Realized from Betting Earnings Taxation (FAIR BET) Act, laws that might restore the 100% federal tax deduction for playing losses.
Titus is in search of committee motion to reverse a current change that decreased the allowable deduction to 90%, a transfer she argues unfairly taxes gamblers on earnings they didn’t really earn.
Titus calls on the Home Methods and Means Committee
In a letter shared publicly on X, Titus known as on Home Methods and Means Committee Chair Jason Smith and Rating Member Richard Neal to rethink the laws and convey it to the ground.
Right now I’m urging @WaysMeansCmte Chairman @RepJasonSmith to position the FAIR BET Act on the committee calendar. Now could be the time to repair the unfair 90% tax deduction for playing losses that negatively impacts skilled and informal gamers. See my full letter to the Chairman under. pic.twitter.com/JJUozMnPTu
— Dina Titus (@repdinatitus) December 11, 2025
“Now could be the time to repair the unfair 90% tax deduction for playing losses that negatively impacts skilled and informal gamers,” Titus wrote.
Continued backing for the FAIR BET Act
Titus has persistently supported the FAIR BET Act, introducing the invoice in response to the GOP-backed megabill that decreased the playing loss deduction. She has warned the change could have a detrimental impact on each gamblers and the broader gaming business by growing efficient betting taxes.
As a part of her legislative technique, Titus additionally tried so as to add the FAIR BET Act as an modification to the 2026 National Defense Authorization Act (NDAA).
The struggle to revive the 100% playing loss tax deduction continues.
I’ve launched the #FAIRBETAct as an modification to the 2026 Nationwide Protection Authorization Act (NDAA).
I strongly encourage the Republicans to make this modification so as when it goes earlier than the Home Guidelines…
— Dina Titus (@repdinatitus) August 27, 2025
“There’s nonetheless a bias in opposition to gaming,” Titus mentioned on the time. “And we discovered it and thought, ‘Nicely, this isn’t good for individuals who get pleasure from coming to Las Vegas to gamble.’ We’re not speaking about solely skilled poker gamers.”
That effort ultimately failed after the GOP-controlled Guidelines Committee declined to permit the modification.
“Sadly, the GOP-controlled Guidelines Committee didn’t settle for the FAIR BET Act as an modification to the NDAA,” Titus mentioned. “This was a straightforward repair that ought to have been adopted. Nonetheless, I’ll proceed to construct assist to revive the 100% playing loss deduction.”
The letter retains the FAIR BET struggle alive
In her newest letter to Home management, Titus reiterated considerations that the present regulation disproportionately harms gamblers and undermines regulatory safeguards.
“It unfairly burdens skilled gamblers and informal gamers alike and can inevitably drive gamers towards offshore and unregulated markets the place client protections are nonexistent, thereby undermining accountable gaming efforts nationwide,” Titus wrote.
She additionally emphasised that the FAIR BET Act would merely restore long-standing tax norms acquainted to each American gamblers and main gaming operators.
“For many years, the tax code permitted taxpayers to deduct as much as one hundred pc of their playing losses from their winnings…a transparent and truthful normal that precisely mirrored internet earnings,” Titus added.
Featured picture: Dina Titus Official
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