DraftKings CEO Criticizes Gambling Provision In Trump's OBBBA - Versionsgeschichte

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2026-04-11T23:00:52Z

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	<br>DraftKings CEO Jason Robins slammed a ~~[https://gratisafhalen.be/author/gonzalo45e5/~~ brand-new tax~~] provision~~ in President Donald Trump's proposed megabill, ~~[http://wikiphilosophy.org/index.php/User:AXVJoseph78188~~ calling] it "very ~~weird~~" and illogical. Robins questioned why ~~gamblers should pay income tax on cash that isn't~~ [https://~~www~~.~~adpost4u~~.~~com/user/profile/4307926 real revenue~~].<br><br><br>- [https://~~lectionary~~.~~wiki~~/~~w/User~~:~~RichBudd3999469~~ DraftKings CEO~~] says~~ does not make ~~good~~ sense.<br>- The OBBBA avoids bettors from ~~subtracting~~ 100% of their losses.<br>- DraftKings states it's ~~dealing~~ with lawmakers to nix the arrangement.<br><br><br>"I do think it's something that does not makes good sense," ~~[https://wiki.chimericalintelligence.org/index.php/User:MattRosenthal7~~ Robins informed] CNBC's Jim Cramer. "If you can't subtract all your losses, you ~~know~~, how does that make good sense that you pay income tax on something that's not in fact ~~earnings~~."<br><br><br>The ~~arrangement~~, highlighted in the GOP's One Big Beautiful Bill Act (OBBBA), would avoid ~~gamblers~~ from ~~subtracting~~ 100% of their losses from their payouts, which was ~~previously~~ thought about ~~standard~~ practice. Under the new rule, ~~only~~ 90% of losses can be subtracted, ~~implying~~ that even a break-even ~~bettor~~ still owes taxes.<br><br><br>Robins ~~attributed~~ the ~~modification~~ to a ~~[http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:DorisBillings9~~ budget ~~plan]~~ reconciliation technicality ~~referred to as~~ the [https://~~gummipuppen-wiki~~.de/index.php?title=~~Benutzer:MaribelIsrael~~ Byrd guideline] and included that DraftKings is ~~working~~ with [~~https~~://~~gummipuppen-~~wiki.de/index.php?title=Benutzer:~~TereseLance990 lawmakers~~] ~~to reverse the provision~~.<br><br><br>Congress introduces FAIR BET Act to fight Trump costs<br><br><br>[~~https~~://~~www~~.~~garagesale~~.es/~~author~~/~~kandicegowr/ DraftKings] isn't alone in~~ opposing Trump's megabill. Nevada Congresswoman Dina Titus has presented the [~~http~~://~~topsite~~.~~otaku-attitude~~.~~net~~/index.php?a=~~stats&u=celsahannan439 FAIR BET~~] ~~Act to counter the questionable~~ change in ~~[https://corps.humaniste.info/Utilisateur:ErmelindaBurbach~~ betting tax] policy.<br><br><br>The [~~http~~://~~ossenberg~~.ch/~~index.php~~/~~Benutzer~~:~~VernellPassmore brand-new~~ rule] ~~sparked~~ a ~~backlash~~ from ~~[https://www.shbv.info/shbv_wiki/index.php?title=Benutzer_Diskussion:MargieChildress industry~~ professionals] who argue the [https://~~hiddenwiki~~.co/~~index.php?title=User:RemonaWetter502~~ OBBBA ~~unfairly~~] ~~burdens~~ taxpayers and dissuades [https://~~www~~.~~ebersbach.org~~/~~index.php?title=~~User:~~ChristyWaterhous~~ transparent reporting]. The FAIR BET Act, co-sponsored by Rep. Ro Khanna of California, ~~seeks~~ to restore the previous ~~guideline~~, which ~~allows~~ 100% of betting losses to be ~~subtracted~~ from winnings.<br><br><br>~~[https://raovatonline.org/author/hassiemulli/~~ Titus condemned] the ~~wagering~~ tax provision, stating Senate Republicans placed it without House ~~permission~~ and that it might drive [https://~~gratisafhalen~~.be/~~author~~/~~daisynunan/ bettors] toward~~ unregulated markets. Titus insists her ~~expense~~ ensures fairness for all ~~wagerers~~ and promotes ~~responsible betting~~ through legal operators.<br><br><br>DraftKings reports ~~positive~~ Q2 ~~earnings~~<br><br><br>DraftKings, meanwhile, reported its ~~second-ever~~ [https://~~bioremediate~~.~~net~~/index.php/User:~~CathrynJacobs31 rewarding~~] [https://www.adpost4u.com/user/profile/~~4370044 quarter~~] ~~as a public business, leading~~ to a 7% ~~jump~~ in stock worth in after-hours trading on Wednesday. The business ~~published~~ $1.51 billion in ~~revenue~~ for Q2 2025, ~~going beyond~~ expert expectations of $1.43 billion.<br><br><br>Robins credited the business's success to ~~strong client engagement, effective acquisition methods, and favorable wagering~~ [https://kb.~~smds~~.us/index.php/User:~~IvaMetzler6~~ outcomes]. He ~~[https://gratisafhalen.be/author/veolatildes/ expressed] [http://ossenberg.ch/index.php/Benutzer:BertieAskew0142~~ optimism] about the continued legalization of sports ~~betting~~ throughout the U.S., ~~[https://www.wiki.somosphm.net/index.php/User:TracieRiddell43~~ expecting ~~major]~~ markets, such as Texas and California, will be consisted of.<br>		<br>DraftKings CEO Jason Robins slammed a brand-new tax arrangement in President Donald Trump's proposed megabill, calling it "very strange" and illogical. Robins questioned why [https://lebenskunst.berlin/index.php?title=Benutzer:DawnaFajardo63 bettors] should tax on money that isn't actual earnings.<br> <br><br>[https://cutdb.hanfzentrale.com/index.php?title=Benutzer:CarmenAqk01479 - DraftKings] CEO states Trump's OBBBA does not make sense.<br>- The OBBBA avoids bettors from deducting 100% of their losses.<br>[http://youtools.pt/mw/index.php?title=User:JerilynCastellan - DraftKings] states it's working with lawmakers to nix the [https://www.89g89.com/index.php?page=user&action=pub_profile&id=120818&item_type=active&per_page=16 arrangement].<br><br><br>"I do think it's something that does not makes good sense," Robins informed CNBC's Jim Cramer. "If you can't subtract all your losses, you understand, how does that make good sense that you pay income tax on something that's not in fact income."<br><br><br>The provision, highlighted in the GOP's One Big Beautiful Bill Act (OBBBA), would avoid bettors from deducting 100% of their losses from their payouts, which was formerly thought about basic practice. Under the brand-new rule, just 90% of losses can be subtracted, indicating that even a [https://thaprobaniannostalgia.com/index.php/User:CorrineHibbs42 break-even gambler] still owes taxes.<br><br><br>Robins associated the change to a budget reconciliation technicality called the [https://cac5.altervista.org/index.php?title=The_BET9ja_Promo_Code_For_2026_Is_YOHAIG Byrd guideline] and [https://twinsinternational.com.et/Twins-Tutor/forums/topic/the-bet9ja-promotion-code-this-2026-is-yohaig/ included] that DraftKings is dealing with lawmakers to reverse the [http://wiki.rumpold.li/index.php?title=Benutzer:ValentinNewbold arrangement].<br><br><br>Congress introduces FAIR BET Act to fight Trump costs<br><br><br>DraftKings isn't alone in [http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:ChiTullipan opposing Trump's] megabill. Nevada Congresswoman Dina Titus has presented the FAIR BET Act to counter the [https://wiki.creo.com.bd/index.php?title=User:Dwight9969 questionable] change in betting tax policy.<br><br><br>The new [https://nogami-nohken.jp/BTDB/%E5%88%A9%E7%94%A8%E8%80%85:JessicaBleakley rule triggered] a reaction from market professionals who argue the [https://gratisafhalen.be/author/guyz789281/ OBBBA unjustly] strains taxpayers and dissuades [https://thornsin.wiki/wiki/User:TatianaRobles transparent reporting]. The FAIR BET Act, [http://wiki.algabre.ch/index.php?title=Benutzer:JaniUlmer2453 co-sponsored] by Rep. Ro Khanna of California, looks for to restore the previous rule, which enables 100% of betting losses to be [https://wikibase.imfd.cl/wiki/User:BufordTijerina9 deducted] from winnings.<br><br><br>Titus condemned the betting tax provision, stating Senate Republicans placed it without House [https://bsaru.ru/index.php?subaction=userinfo&user=Lasonya71I approval] and that it might [http://eurekatravel.com.au/best-clean-parallax-theme/ drive bettors] towards [https://wikitravel.org/ja/%E5%88%A9%E7%94%A8%E8%80%85:BrookLuckett36 unregulated markets]. Titus insists her bill ensures fairness for all bettors and promotes accountable wagering through legal operators.<br><br><br>DraftKings reports favorable Q2 incomes<br> <br><br>DraftKings, meanwhile, reported its [https://www.ebersbach.org/index.php?title=User:JosieBowens2698 second-ever successful] quarter as a public business, [https://www.adpost4u.com/user/profile/4363779 leading] to a 7% dive in stock worth in after-hours trading on Wednesday. The business posted $1.51 billion in income for Q2 2025, exceeding expert expectations of $1.43 billion.<br><br><br>Robins credited the business's success to [https://www.ebersbach.org/index.php?title=User:ShonaLorenz8928 strong customer] engagement, efficient acquisition techniques, and favorable betting outcomes. He revealed optimism about the continued legalization of sports wagering throughout the U.S., expecting significant markets, such as Texas and California, will be consisted of.<br>

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DraftKings CEO Jason Robins slammed a [https://gratisafhalen.be/author/gonzalo45e5/ brand-new tax] provision in President Donald Trump's proposed megabill, [http://wikiphilosophy.org/index.php/User:AXVJoseph78188 calling] it "very weird" and illogical. Robins questioned why gamblers should pay income tax on cash that isn't [https://www.adpost4u.com/user/profile/4307926 real revenue].

- [https://lectionary.wiki/w/User:RichBudd3999469 DraftKi…“

2026-04-08T05:06:53Z

Die Seite wurde neu angelegt: „ DraftKings CEO Jason Robins slammed a [https://gratisafhalen.be/author/gonzalo45e5/ brand-new tax] provision in President Donald Trump's proposed megabill, [http://wikiphilosophy.org/index.php/User:AXVJoseph78188 calling] it "very weird" and illogical. Robins questioned why gamblers should pay income tax on cash that isn't [https://www.adpost4u.com/user/profile/4307926 real revenue]. - [https://lectionary.wiki/w/User:RichBudd3999469 DraftKi…“

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DraftKings CEO Jason Robins slammed a [https://gratisafhalen.be/author/gonzalo45e5/ brand-new tax] provision in President Donald Trump's proposed megabill, [http://wikiphilosophy.org/index.php/User:AXVJoseph78188 calling] it "very weird" and illogical. Robins questioned why gamblers should pay income tax on cash that isn't [https://www.adpost4u.com/user/profile/4307926 real revenue]. - [https://lectionary.wiki/w/User:RichBudd3999469 DraftKings CEO] says does not make good sense. - The OBBBA avoids bettors from subtracting 100% of their losses. - DraftKings states it's dealing with lawmakers to nix the arrangement. "I do think it's something that does not makes good sense," [https://wiki.chimericalintelligence.org/index.php/User:MattRosenthal7 Robins informed] CNBC's Jim Cramer. "If you can't subtract all your losses, you know, how does that make good sense that you pay income tax on something that's not in fact earnings." The arrangement, highlighted in the GOP's One Big Beautiful Bill Act (OBBBA), would avoid gamblers from subtracting 100% of their losses from their payouts, which was previously thought about standard practice. Under the new rule, only 90% of losses can be subtracted, implying that even a break-even bettor still owes taxes. Robins attributed the modification to a [http://wiki.die-karte-bitte.de/index.php/Benutzer_Diskussion:DorisBillings9 budget plan] reconciliation technicality referred to as the [https://gummipuppen-wiki.de/index.php?title=Benutzer:MaribelIsrael Byrd guideline] and included that DraftKings is working with [https://gummipuppen-wiki.de/index.php?title=Benutzer:TereseLance990 lawmakers] to reverse the provision. Congress introduces FAIR BET Act to fight Trump costs [https://www.garagesale.es/author/kandicegowr/ DraftKings] isn't alone in opposing Trump's megabill. Nevada Congresswoman Dina Titus has presented the [http://topsite.otaku-attitude.net/index.php?a=stats&u=celsahannan439 FAIR BET] Act to counter the questionable change in [https://corps.humaniste.info/Utilisateur:ErmelindaBurbach betting tax] policy. The [http://ossenberg.ch/index.php/Benutzer:VernellPassmore brand-new rule] sparked a backlash from [https://www.shbv.info/shbv_wiki/index.php?title=Benutzer_Diskussion:MargieChildress industry professionals] who argue the [https://hiddenwiki.co/index.php?title=User:RemonaWetter502 OBBBA unfairly] burdens taxpayers and dissuades [https://www.ebersbach.org/index.php?title=User:ChristyWaterhous transparent reporting]. The FAIR BET Act, co-sponsored by Rep. Ro Khanna of California, seeks to restore the previous guideline, which allows 100% of betting losses to be subtracted from winnings. [https://raovatonline.org/author/hassiemulli/ Titus condemned] the wagering tax provision, stating Senate Republicans placed it without House permission and that it might drive [https://gratisafhalen.be/author/daisynunan/ bettors] toward unregulated markets. Titus insists her expense ensures fairness for all wagerers and promotes responsible betting through legal operators. DraftKings reports positive Q2 earnings DraftKings, meanwhile, reported its second-ever [https://bioremediate.net/index.php/User:CathrynJacobs31 rewarding] [https://www.adpost4u.com/user/profile/4370044 quarter] as a public business, leading to a 7% jump in stock worth in after-hours trading on Wednesday. The business published $1.51 billion in revenue for Q2 2025, going beyond expert expectations of $1.43 billion. Robins credited the business's success to strong client engagement, effective acquisition methods, and favorable wagering [https://kb.smds.us/index.php/User:IvaMetzler6 outcomes]. He [https://gratisafhalen.be/author/veolatildes/ expressed] [http://ossenberg.ch/index.php/Benutzer:BertieAskew0142 optimism] about the continued legalization of sports betting throughout the U.S., [https://www.wiki.somosphm.net/index.php/User:TracieRiddell43 expecting major] markets, such as Texas and California, will be consisted of.