New US laws on loss deductions threaten to reshape professional poker. Key Facts: US tax law limits gambling loss deductions to 90% starting in 2026. Erik Seidel says the change could make full-time tournaments unviable. High-stakes poker players may owe taxes even when breaking even. Industry leaders warn of long-term...
Harvard is set to host its highly anticipated 2024 Harvard Match Poker Championships this weekend....
US Gambling Tax Shift May Force Erik Seidel to Reduce Poker Schedule