Titus Fires Back at Prediction Markets with New Bill

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Nevada’s Dina Titus filed a bill targeting prediction platforms like Kalshi and Polymarket that offer sports wagering. Passage looks unlikely given Republican control of the House and Trump administration support for these markets. Titus is simultaneously backing legislation to fix a new tax rule that … Read more

Congress Moves to Undo Gambling Tax Change with FAIR BET Act

Congress Moves to Undo Gambling Tax Change with FAIR BET Act

A new bipartisan bill, the FAIR BET Act, aims to reverse a controversial tax rule buried in President Trump’s recently signed One Big Beautiful Bill. Introduced by Reps. Dina Titus and Ro Khanna, the legislation would restore gamblers’ ability to fully deduct losses against winnings. … Read more