One Big Beautiful Bill May Reduce Casino Taxes, Alter Gambling Loss Deductions

The sweeping new federal tax bill, dubbed the “One Big Beautiful Bill” (OBBB), has caused a stir across the gambling world—generating anxiety for professional players while offering a massive financial boon to Las Vegas’ top casino operators. While MGM Resorts International and Caesars Entertainment brace for potential cash infusions exceeding $100 million each, the industry […]

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Aug 5, 2025 - 08:35
One Big Beautiful Bill May Reduce Casino Taxes, Alter Gambling Loss Deductions

The sweeping new federal tax bill, dubbed the “One Big Beautiful Bill” (OBBB), has caused a stir across the gambling world—generating anxiety for professional players while offering a massive financial boon to Las Vegas’ top casino operators. While MGM Resorts International and Caesars Entertainment brace for potential cash infusions exceeding $100 million each, the industry […]