Dana White is urging President Trump to reverse a tax policy limiting gambling loss deductions
The professional gambling landscape is facing a potential – and much-needed – shift. UFC President Dana White lobbies President Trump to amend the One Big Beautiful Bill Act (OBBA).
New: UFC President Dana White has sent a letter to President Donald Trump asking him to help reverse the 90 percent limit on gambling loss deductions for US taxpayers that became law last year.
The issue has been a concern for both bettors and the gambling industry itself. pic.twitter.com/WH9ukZi3mH
— Dustin Gouker (@DustinGouker) May 13, 2026
Signed into law on July 4, 2025, this sweeping tax overhaul introduced a controversial provision that restricts American taxpayers from deducting more than 90% of their gambling losses. White argues that this specific limitation creates an irrational environment for professional poker players and high-stakes bettors who may now face tax liabilities even after a losing year.
By seeking a total reversal of this 90% cap, White aims to restore the ability for professionals to deduct all losses against their winnings to ensure the industry remains viable.
White emphasized his concerns in a formal letter to the president by highlighting the potential economic fallout for the broader service industry. He noted that the current tax structure discourages wagering and reduces the generosity of winners who typically provide tips to casino and hospitality staff.
The UFC executive suggested that the policy was an overlooked addition to the OBBA that many lawmakers failed to scrutinize before its passage. If the current rules remain in place for the 2026 tax season, individuals who lose $1 million might only be permitted to deduct $900,000. This would leave them responsible for taxes on $100,000, despite having no net profit.
The relationship between White and the president may play a pivotal role in whether this fiscal policy is adjusted before the next filing deadline in April. While the OBBA remains a cornerstone of the current administration, the push from a high-profile ally highlights the growing frustration among tournament grinders and casino regulars.
Many professionals have already begun scaling back their participation in major events to avoid the risk of excessive tax bills. As the summer approaches, the gambling community remains watchful to see if this executive intervention will successfully protect the earnings of professional players across the country.
