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OPINION: Block of FAIR BET Act brings jeers from fans of gambling tax fairness – The Nevada Independent

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OPINION: Block of FAIR BET Act brings jeers from fans of gambling tax fairness – The Nevada Independent


The annual Super Bowl bacchanalia approaches, but American gamblers and casinos operators have already witnessed the misplay of the season with the congressional fumble of the commonsense FAIR BET Act.

Officially known as the Fair Accounting for Income Realized from Betting Earnings Taxation, the bill was introduced in July by Rep. Dina Titus (D-NV) in an attempt to reverse a recent federal gambling tax policy change that reduced the amount of losses bettors could deduct from their taxes from 100 percent to 90 percent. Titus has rightly called the policy change a “tax increase on Americans who gamble.”

Titus’ bill amounted to a swift fix of a damaging mistake contained in President Donald Trump’s One Big Beautiful Bill Act that threatens to hobble gamblers across the country with an unfair tax on winnings.

FAIR BET quickly picked up 23 co-sponsors and bipartisan support that included Nevada House members Reps. Steven Horsford (D), Susie Lee (D) and Mark Amodei (R). Clearly weighing the politics of the Trump era, the American Gaming Association (AGA) and many influential members of the industry were initially much slower to express strong opinions about the damaging impact the change would have on casino customers.

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The vast American gambling community, however, has been lighting up social media for months expressing outrage over the approach of the unfair tax. Under the current provision, gamblers could break even for the year and still owe taxes on their winnings.

Titus pushed through the fall and the AGA and casino CEOs found their voices, but she was surprised as anyone that a bill that impacts so many states was snubbed by Republican-chaired committees. FAIR BET failed to be inserted as an amendment to the National Defense Authorization Act.

In the new year, just about everyone is trying to recover this bouncing political football.

A House version of Sen. Catherine Cortez Masto’s (D-NV) FULL HOUSE Act was introduced this week by Horsford and Ohio Rep. Max Miller (R). Officially the Facilitating Useful Loss Limitations to Help Our Unique Service Economy Act, it’s a mouthful that attempts to correct a law that Horsford says is “fundamentally unfair.” He adds in a statement, “This policy would drive tourism across our state elsewhere.” This bill also enjoys bipartisan support in both houses.

After Cortez Masto’s attempt to reverse the gambling provision failed, she told The Associated Press, “My understanding is many Republicans, many Democrats did not even know it was part of that process.”

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With so much support, you’d think it would be game over. But not so fast.

By my count, there are three bills in the House and one in the Senate. All have bipartisan support. Titus’ bill is the simplest and contains just a few words, a veritable fortune cookie by congressional standards, but whatever bill gains steam, it will have to do so under Trump’s cloud of chaos in 2026.

“Everybody wants a piece of it now that it’s very popular, and gaming is on board and wants to fix it,” Titus says. “There are show horses and there are work horses. There are those who do the heavy lifting and those who come for the photo op. And you can figure out who’s who.

“I’ve said all along, I don’t care what vehicle we use, we just need to get it fixed.”

The gambling world is watching. Sports betting and casino industry websites continue to follow developments closely. They recognized the obvious hustle unfolding in Washington is more chaos, and chaos is bad for business. An NBC News story echoed the sentiment under a headline, “Bettors are worried Trump’s ‘big, beautiful bill’ could cause professional gambling in the U.S. to fold.”

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Overstated? Perhaps. But what amounts to a 10 percent tax on a break-even bankroll would bury plenty of gamblers — and not just the minnows or the poker players, as some gaming industry numbskull first suggested. It’s bad for them and worse for the state’s largest and most politically influential industry.

There’s still time left on the 2026 congressional clock, but the delay makes the Democrats look like they have a communications problem and the lone Republican like he needs to learn to raise his voice on behalf of his constituents. Say it ain’t so.

Now, about Amodei. He was chided for admitting he didn’t know of the existence of the change in the gambling tax code, but in fairness the amendment wasn’t in the House bill. It came from the Senate side. It was introduced by Idaho Republican Sen. Mike Crapo and was, at best, an ill-conceived attempt to raise revenue tucked inside a behemoth piece of legislation that is projected to cost the country more than $3.4 trillion.

At this point, maybe it’s time to set politics aside and remember the words popularly attributed to Vince Lombardi. When it comes to defeating this stinker of a tax, “Winning isn’t everything, it’s the only thing.”

John L. Smith is an author and longtime columnist. He was born in Henderson and his family’s Nevada roots go back to 1881. His stories have appeared in New Lines, Time, Reader’s Digest, Rolling Stone, The Daily Beast, Reuters and Desert Companion, among others.

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Nevada County Captures: Olive checking out the “Pac-Man” rock at Hirschman’s Pond Nevada City.

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Nevada County Captures: Olive checking out the “Pac-Man” rock at Hirschman’s Pond Nevada City.


SUBMIT A PHOTO

Have you captured the faces, places and events of our lovely community? Need help finding a lost pet?

Then submit your photos to The Union’s “Nevada County Captures” page to be published in our print and online editions.

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Send submissions to photos@theunion.com.

Also check out our Instagram Page and tag us @theunionnews!

And please remember to include your name and a caption with your submission. Thank you!



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Andrea Lowe, board director for Nevada Association of School Boards, to run for Congress

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Andrea Lowe, board director for Nevada Association of School Boards, to run for Congress


AUSTIN, Nev. (KOLO) – On Friday, March 6, Andrea Lowe, a seventh-generation Nevadan, filed to run for the U.S. House of Representatives in Nevada’s 2nd Congressional District, which has been held by Rep. Mark Amodei since 2011.

“I’m not a career politician,” Lowe said. “I’m running because the people of Nevada deserve a voice in Washington that truly represents our communities and our values.”

Amodei recently announced he is not running for re-election. The district covers northern Nevada, including Carson City, Reno, and surrounding rural areas.

Lowe, a Republican, serves on the Lander County School Board and is a board director for the Nevada Association of School Boards.

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She is also a wife and mother of three boys.

Lowe’s campaign will focus on supporting veterans and first responders, protecting the Second Amendment, and standing up for the hardworking people and rural communities that built Nevada.

“As someone who lives and works in rural Nevada, I understand the challenges our communities face,” Lowe said. “I’m ready to fight for the people who built our state.”

To follow her on Facebook, go to Andrea Lowe for Congress Nevada District 2.

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Nevada ends regular season at home vs Air Force

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Nevada ends regular season at home vs Air Force


RENO, Nev. (KOLO) – The Nevada men’s basketball team will end the 2025-2026 regular season at home this weekend against Air Force.

The game against the Falcons will be played on March 7 at 7:00 p.m. in Reno. The game will be broadcast on the Mountain West Network.

The 3-27 Falcons are coming off an 86-60 loss to Grand Canyon on Tuesday.

Meanwhile, the 19-11 Nevada Wolf Pack are coming off an 83-73 loss on the road against Wyoming.

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The game will be the final regular season matchup prior to the start of the 2026 Mountain West Tournament, which will begin on March 11 in Las Vegas. The seeding and matchups for the tournament have not been announced as of March 6.



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