Restoring the full gambling loss deduction remains unfinished business for Nevada lawmakers more than a year after Congress reduced it.
Democratic Rep. Steven Horsford highlighted his FULL HOUSE Act during the Global Gaming Expo (G2E), framing the restoration as a matter of “fairness.”
“The people who make our state and our communities prosperous, because of their hard work, we’re going to make sure that their voice is at the table,” Horsford said at G2E.
But despite a lopsided, bipartisan committee vote in September, there is no announced timeline for further action. Gamblers who deduct losses on their tax returns still face an increased tax burden for the 2026 tax year unless Congress reverses the change.
