WASHINGTON – Today Congresswoman Dina Titus’s provision restoring the 100 percent tax deduction on gambling losses passed out of committee. She is now urging House leadership to expeditiously bring her fix to the floor.

“After 14 months of fighting to get this commonsense, bipartisan fix through committee, we must now encourage the House to approve this measure before Jan. 1, 2027. This would stop the reduction to 90 percent from taking effect and ensure gamblers across the nation do not pay this tax on phantom money they never won,” Congresswoman Titus said. “Altering the tax code was a ruse in the One, Big, Beautiful Bill at the expense of recreational and professional gamblers. As I have said many times, it must be fixed.”

Congresswoman Titus was the first member of Congress to recognize the injustice of ending the full deduction and introduced her bipartisan FAIR BET Act on July 7, 2025, to correct it. Since then, other measures have been introduced mirroring the language in her bill. The House Ways and Means Committee included one of those measures today in approving H.R. 10357, the Digital Asset Tax Certainty Act.

“I am disappointed it took the House committee so long to take action,” Congresswoman Titus said. “I spoke at a Ways and Means Committee field hearing in Las Vegas in July 2025 to bring the consequences of reducing the deduction to their attention. Over the next several months, I wrote letters to the committee urging it to include the fix in an upcoming package. Nothing happened until now, when the House will be out of session until after the election. The Republican House leadership must bring this provision to the floor, and the Senate must also expeditiously pass it if we are to prevent the tax from taking effect and harming gamblers nationwide.”

The FAIR BET Act, which has bipartisan support from 25 co-sponsors, also has backing from the

American Gaming Association, MGM, Draft Kings, FanDuel, Caesars, Wynn, the Nevada Resort Association, and the National Thoroughbred Racing Association. In addition, there has been an outpouring of support for the legislation by gamblers on social media.