Monthly Archives: July 2025

The Real Winners of the 2025 World Series of Poker: Zero Is the Best Number

Posted on July 17, 2025 by Russ

This year’s main event of the World Series of Poker (WSOP) attracted 9,735 entrants each of whom paid $10,000 attempting to become the World Champion. This wasn’t a record (last year’s field had 10,112), but it was still the third … Continue reading →

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Did the W-2G Threshold for Slots Get Increased in the One Big Beautiful Bill?

Posted on July 15, 2025 by Russ

I’ve seen reports online that the threshold for issuance of W-2Gs was increased in the One Big Beautiful Bill (OBBB) to $2,000 from $600.  Is that true? First, the threshold for issuance of many 1099s was increased by the OBBB to $2,000 … Continue reading →

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Senate Version of Big, Beautiful Bill Is Bigly Ugly Towards Gambling

Posted on July 1, 2025 by Russ

The extension to the Tax Cuts and Jobs Act (TCJA) is now in the Senate as the “Big, Beautiful Bill.”  The Senate version will likely receive a final vote today (and pass); however, it is quite different in certain areas … Continue reading →

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