The System
4.6K posts


Scottie made the cut guys. 🍻
The System@SaturdaySystem
First round of drinks on Scottie Friday night.
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The System retweetledi

NEW: After two months of near silence in the effort to fix the limitation on gambling loss deductions, we heard from @RepHorsford and @RepMaxMiller who said they “look forward to an finding an appropriate time to address this issue”
@RepJasonSmith also reiterated his commitment to a fix. Frustrating to just hear more words and not see action, but we will just have to continue waiting for them to find the right vehicle for this fix.
This was part of yesterday’s session in the House Ways and Means Committee, where Rep. Horsford (D-NV) alongside Rep. Miller (R-OH) offered the fix as an amendment to a different bill under consideration before withdrawing it. The main action points come after the 4 minute mark of this clip, with Committee Chairman Jason Smith (R-MO) supporting the approach of waiting for a better legislative vehicle for this provision.
TLDR: The wait continues, but this issue hasn’t been completely ignored. This is the first time I’ve heard the House Ways and Means Committee address this issue during committee time
American Gaming Association@AmericanGaming
Thank you @RepHorsford and @RepMaxMiller for highlighting that reducing gambling loss deductibility hurts consumers and drives players away from regulated, protected markets. The AGA remains committed to working with Congress and the administration to restore 100% deductibility. 👇 bit.ly/4c4OT3X
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@SaturdaySystem Char-Griller gas and charcoal. Best of both worlds.
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@BrandonMH1 @DM724412 Fair. I jumped because the price was 50 cents better than market. Maybe it holds
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@SaturdaySystem @DM724412 That’s gonna be +350 on day 1 dog. Just wasting the interest that money could’ve made in your bank account
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Even though its not the most optimal way to grow your bankroll - I still love betting futures that I think are EV. There is more to betting than just being a robot and only focusing on how to grow your BR as fast as possible. Having a fun season long sweat that out earns a savings bond in EV by a decent margin is good in my book.
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The System retweetledi

It was a pleasure talking with you, Tom! Let's get this fix done.
podcasts.apple.com/us/podcast/fix…
Thomas Viola 🦥@TVatWork
The question on every gambler's mind right now: Will Congress fix the gambling loss deduction rate? I sat down with Nevada Congresswoman Dina Titus @repdinatitus to talk about her push to do just that with the FAIR BET Act, what's holding Congress up, when bettors can expect more news, and more! Tune in now in the links below 👇
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