Dina Titus, the Nevada consultant, has acknowledged that the Truthful Accounting for Revenue Realized from Betting Earnings Taxation Act (FAIR BET Act) will likely be added as an modification to the upcoming 2026 protection invoice.
Identified formally because the 2026 Nationwide Protection Authorization Act (NDAA), the invoice is an annual piece of laws that units the budgetary limits for protection spending.
The invoice was launched on July 15, 2025, and historically follows a path that requires approval from each the Home and Senate earlier than the President indicators the agreed-upon phrases into legislation.
Protection payments, such because the NDAA, cowl all spending of the Division of Protection, together with “army building and protection actions of the Division of Vitality, to prescribe army personnel strengths for the present fiscal yr, and for different functions,” says the official submission of the invoice.
Titus decided on the FAIR BET Act
Rep. Titus took to social media to deal with the NDAA and spoke candidly about putting in the FAIR BET Act into the proposed laws.
The combat to revive the 100% playing loss tax deduction continues.
I’ve launched the #FAIRBETAct as an modification to the 2026 Nationwide Protection Authorization Act (NDAA).
I strongly encourage the Republicans to make this modification so as when it goes earlier than the Home Guidelines…
— Dina Titus (@repdinatitus) August 27, 2025
“The combat to revive the 100% playing loss tax deduction continues,” posted Titus. “I strongly encourage the Republicans to make this modification so as when it goes earlier than the Home Guidelines Committee upon our return to Congress subsequent month.”
As we reported, Rep. Tutus has been in search of to implement the FAIR BET Act as a “widespread sense repair,” in her phrases, to the creation of the One Huge Stunning Invoice Act (OBBBA), which was sworn into legislation on Independence Day, July 4.
Titus has been vocal concerning the societal impression that the Huge Stunning Invoice has on her constituents and Nevada as a state that closely depends on vacationers visiting to gamble and luxuriate in leisure venues.
Modifications launched within the OBBBA would imply that gamblers would face a 90% discount in taxation on playing earnings, in comparison with the present 100%.
This could imply a gambler who wins $100,000 after which loses $100,000 could be required to pay $10,000 in taxes.
“There’s nonetheless a bias towards gaming. And we discovered it and thought, ‘Nicely, this isn’t good for individuals who get pleasure from coming to Las Vegas to gamble.’ We’re not speaking about solely skilled poker gamers,” stated Titus.
Titus additionally poked enjoyable at prediction markets earlier this yr when she had seen the percentages on the FAIR Guess Act passing.
Her tongue-in-cheek riposte on social media, saying, “You recognize the FAIR BET Act has made it when two prediction markets I’m making an attempt to close down are providing odds on its passage.”
You recognize the FAIR BET Act has made it when two prediction markets I’m making an attempt to close down are providing odds on its passage. pic.twitter.com/Z5KkkcdChY
— Dina Titus (@repdinatitus) July 21, 2025
It stays to be seen whether or not Rep. Titus’s inclusion of the FAIR BET Act within the NDAA will likely be profitable, however she is relentless in her protection of the state of Nevada and the tourism and playing lifelines the state depends on.
Featured picture: Rep. Titus official
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