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Industry
July 8, 2025
Trump’s Gambling Tax Cap Draws Divided Opinions
Rep. Dina Titus is leading a legislative effort to repeal a controversial tax provision buried in President Donald Trump’s sweeping new fiscal package. Her newly proposed legislation aims to challenge Section 70014 of the recently enacted One Big Beautiful Bill Act, which limits the deductibility of gambling losses to 90% of winnings. However, some analysts […]
Industry
July 7, 2025
AGA Applauds Trump’s Tax Bill Despite Uproar from Gamblers
The American Gaming Association (AGA) has faced fierce criticism from the broader gambling community after it publicly supported President Donald Trump’s controversial tax legislation, the One Big Beautiful Bill Act (OBBBA). The newly enacted law contains a provision that limits the deductibility of gaming losses, a change that means many bettors could face tax obligations […]
Sports
July 7, 2025
Conor McGregor Self-Invites to Hyped White House UFC 2026
Conor McGregor’s flair for creating a buzz around himself is not lost on social media users and the media in general. The UFC fighter took to social media to suggest that he would be very happy to attend President Donald Trump’s unconfirmed UFC fight that could take place on July 4, 2026, celebrating America’s 250th […]
Sports
July 7, 2025
Trump Plans UFC Fight on White House Grounds as Part of America 250 Celebrations
In a move that blends spectacle with symbolism, President Donald Trump declared Thursday that the White House will host a live UFC bout in honor of America’s 250th anniversary in 2026. Trump framed the proposal as part of a broader push to honor the momentous occasion, with high-profile celebrations planned across national parks, past battlefields, […]
Casino
July 2, 2025
New Tax Rules Could Hit Gamblers Hard in “Big Beautiful Bill”
President Donald Trump’s so-called “Big Beautiful Bill” that would extend tax cuts, cut social safety nets, and surge national debt, might bring a harsh reality for gamblers if certain tax changes are included. According to various online reports, the Senate’s version of this sprawling legislation that has been sent to the House of Representatives for […]
Industry
April 25, 2025
Prediction Markets Skeptical of Third Trump Term Despite 2028 Merch
US President Donald Trump may be serious about trying to run for office for a third time, after all. While prediction markets remain skeptical that he will be allowed to do so, this didn’t stop The Trump Organization from launching official Trump 2028 merchandise. Trump Apparel Suggests President Is Eyeing Third Term The Trump administration […]
Business
April 11, 2025
Analysts Remain Bullish on Gambling Sector Resilience Despite Global Uncertainty
Despite the recent market tremors following President Trump’s dramatic tariff announcements, gambling industry experts remain broadly optimistic about the sector’s strength, citing historical recession resilience, consumer spending habits, and robust fundamentals as core strengths that should insulate operators from an economic fallout. Gambling Has Proven Historically Resilient While gaming stocks did not escape the downdraft […]
Industry
April 10, 2025
Portnoy Banked on Trump for a Stock Market Win
David Portnoy, the founder of Barstool Sports, is relieved that President Trump delivered the financial “victory” that the sports betting businessman was hoping for. Portnoy Says Trump Is Playing a “Hight-Stakes Game” David Portnoy has been an avid supporter of President Donald Trump, whose recent introduction of new tariffs has sent shockwaves across businesses in […]
Industry
April 7, 2025
Gold Card to Replace Visa Program That Built Vegas Casinos
President Donald Trump has another immigration initiative on his table. Under the name “Gold Card,” the flashy, high-dollar program would be used to offer an alternative to the current green card system. “For $5 Million, This Could Be Yours” The big reveal was made aboard Air Force One. The former casino owner, who may get […]
Business
April 7, 2025
Gambling Stocks Slide as Trump Tariffs Rattle Global Markets
International gambling stocks took a tumble on Monday morning as escalating anxiety over the Trump administration’s aggressive tariff policy sent the markets into a tailspin. The economic uncertainty triggered by a new wave of trade measures ripped into multiple industries, with the gaming sector emerging as one of the unintended casualties. Tariffs Exacerbated Existing Issues […]
