Saturday

18 April 2026 Vol 19

Thurs-344 & Wends-434-Regulation/Legal: New federal “90% loss deduction” rule is live

Regulation/Legal: New federal “90% loss deduction” rule is live

  • Effective Jan 1, 2026: gamblers can now deduct only 90% of gambling losses against winnings on federal returns (still subject to the “losses up to winnings” cap). Axios+1

  • Impact: even “break-even” players can get hit with phantom taxable income (10% of winnings effectively becomes taxable). Axios+1

  • Why the block should care: this changes bankroll math + recordkeeping discipline (sessions, logs, W-2Gs) for anybody running volume. KPMG+1


TRI-STATE HEAT

New York

  • Latest official weekly NY mobile report (week ending 12/28/25): $538.6M handle and $63.3M GGR statewide. Gaming Commission

  • Reminder: NY taxes mobile sportsbook GGR at 51% (cash-basis reporting). Gaming Commission

New Jersey

  • No verified major updates in the last 48 hours.

  • As of the latest reporting available to validate, NJ’s last posted monthly totals remain November 2025 (December not yet confirmed in accessible official postings). NJ.gov+1

Pennsylvania / Philadelphia

  • No verified major updates in the last 48 hours.

  • PGCB’s most recent statewide revenue press release still shows Dec 17, 2025 as the latest update on its site. Gaming Control Board+1


GLOBAL GAMBLING BUZZ

  • Macau: regulator data shows Dec 2025 GGR = MOP 20.9B (+14.8% YoY); full-year 2025 GGR = MOP 247.4B (+9.1% YoY). dicj.gov.mo+1

  • UK: ministers facing fresh pressure to tighten gambling advertising rules, fueled by new polling and child-exposure concerns. The Guardian

  • Chicago (U.S. market signal): major operators’ group sued over a new city-level sportsbook licensing + tax push — another front in the “who gets to tax betting” fight. ESPN.com+1


HOROSCOPE HUSTLE (entertainment-only)

Sign Pick 3 Pick 4
Aries 2-6-0 2-6-0-1
Taurus 8-1-5 8-1-5-9
Gemini 3-7-4 3-7-4-0
Cancer 9-2-6 9-2-6-8
Leo 1-0-7 1-0-7-2
Virgo 5-9-3 5-9-3-6
Libra 6-4-8 6-4-8-1
Scorpio 0-3-9 0-3-9-5
Sagittarius 7-5-2 7-5-2-0
Capricorn 4-8-1 4-8-1-7
Aquarius 2-9-7 2-9-7-4
Pisces 6-0-3 6-0-3-9
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