Top Trending Gambling News July 8, 2025: FAIR BET Act Intoduced to Allow Full Deduction of Gambling Losses
With that new 90% limit, a frequent visitor to Las Vegas who breaks even over the course of a year, winning $200,000 and losing $200,000, no longer breaks even on his taxes. With a 90% limit, he can only deduct $180,000 in losses.
Top Trending Gambling News July 8, 2025: Betway Casino to Exit US Market
Betway previously offered its sports betting product in a handful of states before exiting each of those last year. It currently offers casino games in New Jersey and Pennsylvania.
Top Betting Markets July 8: NFL Sacks Leaders
T.J. Watt has been the league leader in sacks three of the last five years. Will he lead again this season and if so, will it even be with the Pittsburgh Steelers?. Last 24 Hours Gambling911 Impressions: 55743.
Gaming Attorney I. Nelson Rose Talks 2026 Gambling Tax That Will 'Tax Gamblers Out of Business'
Even casino high-limit slot machine rooms will close, he warns.
Top Betting Markets July 7: Guardians Stephen Vogt Next MLB Manager Fired Odds
We have a newly released betting market for the next MLB manager fired. Guardians Stephen Vogt payout odds are $450 for every $100, but he is actually not the favorite.
Dual Mystery Bounty Venoms: Walk Away With a Cool $500K
Ready to Raise Hell (and Your Bankroll)? The Mystery Bounty Venoms are locked, loaded, and launching Sunday, August 10th — grab your seat now and get ready to swing for life-changing scores.
Top Betting Markets July 7-8: eSports World Cup 2025 Odds
Favorites include G2 eSports -125, Paper Rex -110 and Fnatic, who pay out $125 for every $100 bet early.
Odds on Tyson Fury vs. Oleksandr Usyk
The boxing world might not be thrilled to see Tyson Fury un-retire and immediately be given a trilogy fight with the world champ, Oleksandr Usyk.
Poker Pro Phil Galfond Believes New Tax Changes Will End Career for Some Poker Players
The median increase in tax will be roughly 22 percent, according to Galfond.
ChatGPT Does Not LIke the New Gambling Tax That's Part of the 'Big Beautiful Bill'
Over the past couple of days, sports bettors, daily fantasy sports players and poker players alike have come to realize that the "big beautiful bill' may not be for them.
Top Betting Markets July 6: Wimbledon, Grant Park, More...
Wimbledon matches go through July 13 with futures bets on the winner available up until then.
Top Betting Markets July 5-6 Weekend: Wimbledon, John Deere Classic, More
Wimbledon matches go through July 13 while the John Deere Classic will conclude on Sunday while the Nathan's Hot Dog Eating Contest delivered nicely for us on Friday.
Las Vegas Locally: American Gaming Association 'Stabbed Every American Gambler in the Back Today'
Barstool Poker got into the fray as well: "The Big Beautiful Bill is trying to kill you, both your livelihood and your fun."
Kelly in Vegas: 'Not Defending Tax Bill' But Also 'People Turning it into Bigger Deal Than it Really is'
"I’m not defending this bill. I do however, think the trust fund “sports bettors” have sensationalized and turned it into a bigger deal than it really is for a vast majority of people it will never affect."
Top Gambling Industry Stories July 4: Cleveland Execs Address Team After Luis Ortiz Gambling Probe
“We felt it was important to address the team. This is what the situation is. This is how we’re going to handle it. And try to answer any questions," one top Guardians executive said.
Top Betting Markets July 4: Nathan's Hot Dog Eating Contest
It's the 4th of July and that means only one thing: Nathan's Hot Dog Eating Contest betting.
What Sports Bettors and Poker Players Are Saying About Spending Bill That Impacts Their Deductions
Gamblers worried about a $1.1 billion tax hike buried in the Senate GOP’s tax bill that would slash their net winnings and potentially charge income tax when they break even or lose money.
Guardians' Luis Ortiz Under Investigation Over Alleged Gambling
He was placed on "non-disciplinary paid leave" Thursday through July 17.
Top Gambling Industry Stories July 3: Big Beautiful Bill a Big Beautiful Tax Hike for Poker Players, Sports Bettors
Gamblers worried about a $1.1 billion tax hike buried in the Senate GOP’s tax bill that would slash their net winnings and potentially charge income tax when they break even or lose money.
Top Betting Markets July 3 as Gamblers Raise Alarms Over $1.1 Billion in Tax Hike as Part of Reconciliation Bill
All eyes were on the Nathan's Hot Dog Eating Contest for July 4 with plenty of prop bets available. Lots of interest over that Big Beautiful Bill that looked as if it were about to become law with passage in the House.
Illinois Casinos Accused of Working With the Mob
Bally's River West casino project in the Chicago area is facing intensive scrutiny.
Odds on Jake Paul vs. Anthony Joshua: Experts Believe Fight Will Happen
Jake Paul beat Julio Chavez Jr. by unanimous decision Saturday night, dominating the early rounds before weathering Chavez's late rally for his sixth consecutive win.
Malik Beasley Should Be in High Demand After a Career Season. Gambling Probe is Changing That
The primary focus of the probe is what are called “prop bets,” ones where bettors can wager if a player will go over or under a certain statistical total — like will he score more than 10.5 points, grab 5.5 or more rebounds, that sort of thing.
Hawks Go From 120-1 Long Shots to 25-1 Odds to Win 2026 NBA Championship
The day after the NBA Finals and the horrific injury to Tyrese Haliburton, the Atlanta Hawks were 150/1 to win the NBA Championship.
Today's Top Betting Markets July 2: P Diddy Bail Odds (Update - DENIED)
Wednesday's betting markets were focusing in on music mogul P. Diddy as a jury of his peers found him not guilty on most of the serious charges against him. Diddy was convicted of prostitution-related offenses. Betonline immediately released odds on whether Diddy will be let out on bail
Hard Rock Exec Alex Pariente Reportedly Took Bookie Action, Left Markers Unpaid
Pariente is also accused of illegally holding the passports of patrons until they paid credit markers.
Bet on Sydney Sweeney and Tom Brady Engagement
The celebs took over Venice last week, and there were a few interesting socialization sightings reported.
Today's Top Betting Markets July 2: Reconciliation Bill House Passage, Hot Dog Eating Contest, UFC, More
Wednesday's betting markets still involved the reconciliation measure, which is now in the House of Representatives for a vote. All odds courtesy of BetOnline (get up to $250 FREE BETS)
Top Betting Markets July 1: Reconciliation Bill Passage, UFC, More
Tuesday we had plenty of searches for that Big Beautiful Bill, otherwise known as a reconciliation measure. All odds courtesy of BetOnline (get up to $250 FREE BETS).
What Are Sweepstakes Casinos? A Beginner-Friendly Guide
Sweepstakes casinos have emerged as a legal and accessible alternative to traditional online casinos in many parts of the United States. These platforms offer casino-style games—like slots, keno, and scratch cards—without requiring players to make real-money wagers.
