FULL HOUSE Act Blocked in Senate by GOP Opposition

Nevada Senator Catherine Cortez Masto's bipartisan FULL HOUSE Act hit a roadblock as Senate Republicans blocked the bill from moving forward. The legislation aimed to reverse changes made by the "One Big Beautiful Bill" (OBBB), which capped gambling-loss deductions at a flat $12,000 per year.

The FULL HOUSE Act received bipartisan support, especially from lawmakers representing gaming-dependent states. However, it failed to reach the necessary threshold for advancement. Cortez Masto expressed disappointment, stating the bill would have protected workers, casinos, and recreational gamblers.

FULL HOUSE Act Aims to Restore Gambling Tax Rules

The iGaming industry, including online casinos, closely monitored the vote. Many hoped the bill would restore pre-OBBB tax rules that allowed players to deduct gambling losses up to their total winnings. Without the FULL HOUSE Act, online operators fear a decline in high-stakes activity.

"The cap punishes players and reduces liquidity," said an executive from a major real money online casino. "It creates uncertainty for serious bettors and casual players alike."

The OBBB's gambling tax changes have triggered widespread concern across the digital gambling landscape. Smaller operators worry they will lose VIP players due to unfavorable tax conditions. Analysts predict a sharp drop in high-wager action across platforms.

In addition, players are likely to seek offshore or unregulated alternatives to avoid the tax cap. This shift could undercut legitimate real money online casinos and increase risks for consumers.

Sen. Cortez Masto to Continue Fighting for Repeal

The American Gaming Association has urged Congress to reconsider the cap, warning of long-term damage to regulated gambling. Many industry leaders argue that the current tax law penalizes responsible gambling behavior and stifles the sector's growth.

Though the FULL HOUSE Act failed this round, Cortez Masto has vowed to reintroduce it. "Nevada's economy depends on fair gambling laws," she said. "This fight isn't over."

With the 2025 tax season approaching, online casino operators and players remain in a state of uncertainty, awaiting further legislative action.