The Daily Overview on MSN
Schwab CEO: Why investing wins and gambling loses
Sportsbooks, prediction markets and zero-commission trading apps have turned money into a game on every smartphone screen.
Poker Hall of Famer Erik Seidel has won 10 World Series of Poker bracelets while earning tens of millions of dollars in ...
HIALEAH, Fla. — A Hialeah man is facing several felony charges after police said he committed a terrifying armed robbery at a food store in an apparent rage over having lost money at its gambling ...
MiBolsilloColombia on MSN
2026 gambling tax change: New limit on loss deductions
A new tax law effective in 2026 limits gambling loss deductions to 90% of winnings. Learn how this creates "phantom income" ...
The 90% limit on deductibility of gambling losses is scheduled to take effect with the first tax year beginning January 1, 2026. Despite the proximity to the law being in effect, there is a late‑stage ...
Jeremy Kleiman, a member at Saiber, is advising clients to steer clear of states that have brought enforcement actions against sweepstakes companies or have laws or are considering legislation ...
The NBA is enacting new policies on player injury reporting and prop bets to curb recent gambling controversies.
The sweeping One Big Beautiful Bill (OBBB) signed into law this year altered two key components of the gambling-related tax code. Key Takeaways The IRS confirmed the slot-win reporting threshold will ...
In its Nov. 26 legislative update, "What's Racing Through Washington," the NTRA noted that there has been progress for legislation that would restore the ability of taxpayers with gambling winnings to ...
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Our guide explains the strategies that will help bettors make smarter, data-driven bets in 2026. Impulse betting and chasing ...
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