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Bettors are worried Trump’s ‘big, beautiful bill’ could cause professional gambling in the U.S. to fold

Bettors are worried Trump’s ‘big, beautiful bill’ could cause professional gambling in the U.S. to fold

A relatively underappreciated constituency is raising the alarm about President Donald Trump’s “big, beautiful bill” — gamblers. Tucked into the nearly 900-page legislation is a change to how gambling losses are taxed that some professional and amateur bettors say could crush the industry. The provision, only a few paragraphs, would limit what gamblers can deduct from their…

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Trump inaugural impersonators scammed donors out of crypto, feds say

Trump inaugural impersonators scammed donors out of crypto, feds say

Sopa Images | Lightrocket | Getty Images Scammers impersonating the President Donald Trump and Vice President JD Vance Inaugural Committee fraudulently stole hundreds of thousands of dollars in cryptocurrency, according to a new complaint filed by federal prosecutors. The perpetrators used phony email addresses made to look like they belonged to the inaugural committee to…

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