FAIR BET Act Tracker @FairBetTracker
Tracking the FAIR BET Act proposed by @repdinatitus Current Status: House Rules cmte rejected attaching it in NDAA bill. Next action is pending... 9/9/2025 congress.gov/bill/119th-con… Vegas Joined February 2023-
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@wdrewsokol Been busy, but hoping to make a comeback with something that will make people forgive my absence lol. Really think this will be a net positive for the industry as a whole. Been meeting with Congress members and lobbyists alike to voice our issues as I am from the DC area
President Trump announced he may eliminate gambling tax. Last night December 10th, Polymarket's odds of a repeal before March 31st, 2026 hit 55% at 8:30pm before falling back to 32% at the time of this tweet. There is a 42% chance before 2027.
US President Donald Trump has said he may eliminate tax on gambling winnings
@bettorsvoice @SquirrelSigma credit to @SquirrelSigma for also making it as a board member of @bettorsvoice. Doing great work for the industry.
⚠️Want to know how the unfair Gambling Tax will hurt your state? 🚨Here is a model to help determine how bad this tax is for your state, the nation, and more. bettorsvoice.com/obbv-gambling-… Thanks to @bettorsvoice for making the model and @SquirrelSigma for bringing it to my attention
@Promos319 Appreciate you too! <3
Sorry guys, no recent updates on the FAIR BET Act. Hoping one comes soon, and when it does, I’ll be first to report on it 🤞
@SquirrelSigma @bettorsvoice I'll share it, thanks for showing me this
@sprusfwitter Yea there's a few avenues I believe are viable. I was asked not to speak on it, and I believe its in the best interest of everyone that I don't as I want the best chance for this getting overturned as possible. I'd rather this get fixed then me screw the strategy over.
🚨NEW COSPONSORS OF FAIR BET ACT🚨 @RepSalinas (D-OR), @RepGregStanton (D-AZ) New total: 13, 4R, 9D Other Sponsors: @repdinatitus @RepHorsford @RepSusieLee 3x(D-NV) @RepRoKhanna @RepGilCisneros 2x(D-CA) @RepTroyNehls (R-TX) @Congressman_JVD (R-NJ) @MarkAmodeiNV2 (R-NV) @RepDeluzio (D-PA) @GReschenthaler (R-PA) @RepDarrenSoto (D-FL) CONTACT YOUR REPS: congress.gov/members/fin
Oh ok yes, Treasury could very possibly do that. Sorry, the word session had me thinking you meant through the legislative process and the 3+ months referencing an extended congressional section lol But yes Treasury could do this, and I had not considered this as im less familiar with the process.
So @repdinatitus tried to attach the Fair Bet Act provisions to a larger bill on defense spending as it was a must pass. The rules committee got to choose whether to attach it or not and they didn't. So what options do we have left in the 4th Quarter of 2026? Well we have 3 paths: 1. We can keep Fair Bet Act as a standalone bill. These standalone bills have a generally low pass rate historically. Around 1%-3%. I believe Rep Titus's persistence and other cosponsors of both parties bring this drastically higher, but as for how much higher, that's a tough estimate. 2. We can reattach it as part of other Must-Pass Legislations (bills with a near 100% need to pass rate such as defense spending). These bills become what is known as "omnibus" packages, where multiple policies get packed into one bill and one vote. The unfair tax was part of an omnibus bus, and we can undo it with an omnibus bill. As far as i'm aware we have a Government Funding Package and a 2026 Budget Resolution left regarding the major omnibuses. 3. We can pursue it via Senate Action. With Cortez-Masto and Rosen in the Senate supporting the FULL HOUSE Act (the senate version of fair bet), we have another opportunity there to skirt around the house rules committee's rejection. The Senate could include it in their reconciliation package. In the meantime @repdinatitus and other cosponsors can continue garnering support on both sides of the aisle and increase lobbying efforts.
Unfortunately, the GOP-controlled Rules Committee did not accept the FAIR BET Act as an amendment to the NDAA. This was an easy fix that should have been adopted. Nonetheless, I will continue to build support to restore the 100% gambling loss deduction.
@termnalguidance Yea I stated that in my defense of removing the tax. You’re 100% right on that handle dropping making their revenue net negative actually lol.
I accidentally had my DMs off since starting this account tracking the Fair Bet Act. I didn't realize I had my DMs completely shut off. Supporters of the Fair Bet movement, my DMs are now open for tips, information, or other Fair Bet Act needs. I have it open to everyone.
@Flupnolide @repdinatitus Go Hokies. Yes, I guess this could happen, but I would just categorize that as into the 2nd category, the must pass omnibus category, since omnibus bills usually trigger those, and the FAIR BET Act itself is unlikely to solely cause that.
@W4Nevada @repdinatitus Fair Bet Act's most articulate opposition... (all of them are absolutely clueless and miss the point)
@wdrewsokol @repdinatitus Drafted up my opinion on it in my recent tweet.
@repdinatitus We appreciate your efforts regardless Dina. Let's keep working and take action on next steps.
@repdinatitus @Culinary226 @SphereVegas Good luck on the Fair Bet amendment today. We all appreciate the effort you've put in! The impact you have and jobs you are saving with this is underappreciated as the the detriment of the new tax law was underestimated. But the people of Nevada and in the gambling world know!
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