Don’t tax money that’s never won

A new federal tax rule starting in 2026 allows gamblers to deduct only 90% of their losses instead of 100%. That means someone who wins $100,000 and loses $100,000 could still owe taxes on $10,000 they never actually kept. You can’t spend money that never existed.

In Nevada, gambling is entertainment, not an income strategy. When wealthy tourists fly in, they are not running profit-and-loss statements; they’re here for the thrill and the spectacle — and that spending creates jobs. Treating those experiences like a taxable business ventures borders on the absurd.

To strengthen tourism, simplify the system: Treat gambling like entertainment and eliminate taxes on gambling winnings in Nevada altogether. Tourists would flock here, casinos would thrive, and the rules would finally match reali