Gambling industry bankrolls members of Congress who push pro-gambling legislation
This is performative politics again.
Vulnerable members of Congress who rely on the gambling industry to fund their campaigns are pushing legislation that the industry wants passed, a Washington Examiner review of campaign finance filings has found.
Reps. Susie Lee (D), Steven Horsford (D), Mark Amodei (R), and Diana Titus (D) — all from Nevada — have thrown their support behind legislation that would allow gamblers to deduct 100% of losses from their tax bills, revising a provision in the One Big Beautiful Bill Act that reduced the deduction to 90% of losses. Restoring the full deduction has been a major priority of the gambling industry, which has poured hundreds of thousands of dollars into the campaigns of those representatives since 2020.
Lee took the most from the gambling industry, accepting nearly $400,000 over the past four electoral cycles. She was closely followed by Amodei, who received well over $300,000, then by Horsford, who took almost $300,000, and Titus, who raked in around $200,000, according to a Washington Examiner review of records from the lawmakers’ primary campaign accounts, their victory funds, and their leadership PACs.
Top executives from MGM Resorts, Caesars Entertainment, and Wynn Resorts reportedly met with representatives from the American Gaming Association — the trade group responsible for representing the interests of casinos and other parts of the gambling industry — in December to drum up support for a gambler’s tax break. Lee, Horsford, Amodei, and Titus, who ultimately fulfilled their request, have all accepted large donations from executives working for the three casino operators as well as the AGA.
Casino executives and PACs representing the three operators that pushed for the legislation contributed roughly $140,000 to Lee, $95,000 to Horsford, $85,000 to Titus, and $83,000 to Amodei since 2020. The AGA, meanwhile, gave Lee $3,000, Titus $5,500, Horsford $6,000, and Amodei $5,000 over the same period. Amodei, Horsford, and Lee all represent swing districts, making campaign dollars even more valuable to them, given the difficulty of retaining their seats.
“For decades, our tax code has allowed you to deduct 100% of any gaming losses from your winnings,” Titus said of the change. “It was a commonsense policy. People should only pay tax on money that they actually earn, not phantom money or ghost money.”
Rep. Dina Titus, D-Nev., is working to pass legislation that would give states control over where a federal nuclear waste repository is located. …
Gambling industry bankrolls members of Congress who push pro-gambling legislation
This is performative politics again.
Vulnerable members of Congress who rely on the gambling industry to fund their campaigns are pushing legislation that the industry wants passed, a Washington Examiner review of campaign finance filings has found.
Reps. Susie Lee (D), Steven Horsford (D), Mark Amodei (R), and Diana Titus (D) — all from Nevada — have thrown their support behind legislation that would allow gamblers to deduct 100% of losses from their tax bills, revising a provision in the One Big Beautiful Bill Act that reduced the deduction to 90% of losses. Restoring the full deduction has been a major priority of the gambling industry, which has poured hundreds of thousands of dollars into the campaigns of those representatives since 2020.
Lee took the most from the gambling industry, accepting nearly $400,000 over the past four electoral cycles. She was closely followed by Amodei, who received well over $300,000, then by Horsford, who took almost $300,000, and Titus, who raked in around $200,000, according to a Washington Examiner review of records from the lawmakers’ primary campaign accounts, their victory funds, and their leadership PACs.
Top executives from MGM Resorts, Caesars Entertainment, and Wynn Resorts reportedly met with representatives from the American Gaming Association — the trade group responsible for representing the interests of casinos and other parts of the gambling industry — in December to drum up support for a gambler’s tax break. Lee, Horsford, Amodei, and Titus, who ultimately fulfilled their request, have all accepted large donations from executives working for the three casino operators as well as the AGA.
Casino executives and PACs representing the three operators that pushed for the legislation contributed roughly $140,000 to Lee, $95,000 to Horsford, $85,000 to Titus, and $83,000 to Amodei since 2020. The AGA, meanwhile, gave Lee $3,000, Titus $5,500, Horsford $6,000, and Amodei $5,000 over the same period. Amodei, Horsford, and Lee all represent swing districts, making campaign dollars even more valuable to them, given the difficulty of retaining their seats.
“For decades, our tax code has allowed you to deduct 100% of any gaming losses from your winnings,” Titus said of the change. “It was a commonsense policy. People should only pay tax on money that they actually earn, not phantom money or ghost money.”
Rep. Dina Titus, D-Nev., is working to pass legislation that would give states control over where a federal nuclear waste repository is located. …