Did you know starting in 2026, gamblers can only deduct 90% of their losses—down from the full amount before? That means even if you break even or lose just a little, you could still owe taxes on 'phantom' winnings. Lawmakers are scrambling to fix what many are calling a big oversight, but for now, pro gamblers and casual players alike are facing a much tougher tax game. Watch this space for updates! #News #taxes #gambling