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New Tax Rules Ahead: What Gamblers and Tournament Players Need to Know

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  • Just read through the newest tax rulings dropping next year—mixed bag depending on how often you’re hitting the tables. 🎲 Basically, tournament winnings over a certain cap trigger automatic tracking, so brace for more paperwork. But losses can also help offset your liability if you keep proper records (so snap photos of those loss slips 📸). It seems designed to discourage casual dodging while still manageable for serious players with good bankroll strategy. Anyone else chatting with their accountant yet, or riding it out currently? Curious how VIP hosts react too. thoughts?

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