Nevada’s Titus Proposes FAIR BET Act to Address Gaming Industry Taxes in 2026 NDAA
Thursday 28 de August 2025 / 12:00
⏱ 2 min read
(Las Vegas).- Nevada Rep. Dina Titus announced Wednesday on X that she will introduce the Fair Accounting for Income Realized from Betting Earnings Taxation Act (FAIR BET Act) as an amendment to the 2026 National Defense Authorization Act (NDAA).
Titus first brought forward the FAIR BET Act on July 7 before the House Committee on Ways and Means in response to President Donald Trump’s recently passed One Big Beautiful Bill Act (OBBBA). Signed into law on July 4, the OBBBA altered long-standing tax treatment of gambling losses by reducing allowable deductions from 100% to 90%. Under the new rules, even losing bettors could face tax liabilities at year’s end — a change that has drawn sharp criticism from stakeholders across the gaming industry.
Titus’ proposal, filed as H.R. 4304, is strikingly simple. The one-line measure would amend the OBBBA “by striking ‘90 percent’ and inserting ‘100 percent,’” effectively restoring the full deductibility of wagering losses. The legislation remains in the Ways and Means Committee with support from 10 co-sponsors.
While attaching a tax-related measure to a defense bill may appear unconventional, the strategy is not unprecedented in gaming legislation. Nearly two decades ago, the Unlawful Internet Gambling Enforcement Act (UIGEA) was passed as a last-minute addition to the SAFE Port Act of 2006, with many lawmakers later admitting they were unaware they had signed a bill that reshaped the online poker landscape. The example underscores why the NDAA, a “must-pass” annual defense package, offers an effective pathway for measures like the FAIR BET Act.
Titus formally submitted her amendment to the Rules Committee for H.R. 3838 — the Streamlining Procurement for Effective Execution and Delivery and National Defense Authorization Act for Fiscal Year 2026.
“The bill mostly relates to defense matters, but does contain other legislative priorities that members submit,” Titus’ office said in a statement. “We do not know when the bill will be heard by the Rules Committee or voted on by the full House, but expect it to be in the coming weeks.”
Categoría:Legislation
Tags: Sin tags
País: United States
Región: North America
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
ProntoPaga Consolidates Its Position at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Juan Carlos Loza, Head of Sales Latam at ProntoPaga, spoke exclusively after the company's participation in Peru Gaming Show 2026, highlighting the agreements reached, the interest in their payment solutions, and the expansion plans that will drive their growth across Latin America.
Monday 03 Aug 2026 / 12:00
Enhancing Responsible Gaming Through Effective Training at PGS 2026
(Lima, SoloAzar Exclusive) – Training, prevention, and technology took center stage at the "Value of Responsible Gaming in Gambling Operations" conference during the 2026 Perú Gaming Show (PGS). Presented by Fernando Calderón Castro, President of the National Gaming Society (SONAJA), the session brought industry leaders together to tackle current challenges and explore strategies for safer, more transparent, and sustainable operations.
Wednesday 22 Jul 2026 / 12:00
LSports at the Peru Gaming Show: Building Presence, Opening Doors
(Lima, SoloAzar Exclusive).- The Peru Gaming Show was never just about the booth. For LSports, it was about showing up in a market where showing up still matters — and leaving with more than a contact list. Federico Brancato, Sales Manager for the LATAM Region, came to Lima with a clear sense of what operators in this part of Latin America need most right now. What he found confirmed it.
Friday 17 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
