Key Congressional committee backs reversing gambling loss tax deduction change
A year-long effort to reverse the change to the federal gambling loss tax deduction finally took a step forward in Congress this week. The House Ways and Means Committee (WAM) voted 38-5 to pass a measure that would restore the 100% gambling loss tax deduction. Those deductions were capped at 90%…
First reported by SBC Americas.
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UK House of Lords Members Call for a Wide-Scale Ban on Gambling Ads
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House committee advances measure to restore full gambling loss tax deduction
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Cambodia’s Prime Minister rules out casinos in Siem Reap and orders a review of existing licences
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Polymarket becomes first prediction market to be blocked by Lithuanian regulator
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Lords committee calls for comprehensive gambling advertising ban
The committee expects a response within two months, and has set out a full fallback list if ministers… The post Lords committee calls for comprehensive gambling advertising ban appeared first on European Gaming Industry News .