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Sen. Cortez Masto Introduces FULL HOUSE Act

Bailey Malota

WASHINGTON, July 11 -- Sen. Catherine Cortez Masto, D-NV, has introduced the FULL HOUSE Act, aimed at reinstating rules for deducting wagering losses under the Internal Revenue Code. This legislation seeks to modify current tax regulations, allowing individuals to reclaim some financial losses incurred through gambling, thereby providing much-needed financial relief in the gaming industry.

The FULL HOUSE Act redefines how taxpayers can manage their wagering losses, aligning current . . .

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