Trump's 'Big Beautiful Bill' Turns Poker Into Tax Hell, YouTube Hits Flush

In a plot poker pros didn't see coming, Trump's 2025 'big beautiful bill' sneakily slaps gamblers with a tax where winners report every cent but can only deduct 90% of losses—meaning a $1M loser still pays tax on $100K phantom income. YouTube, playing dealer, nuked Brad Owen's channel for vague 'policy violations' before folding under pressure, joining other casualties like Ryan Depaulo and Daniel Negreanu, who claim the platform has a 'clear objective to destroy poker content.' Meanwhile, states ban cozy sweepstakes poker sites, pushing fans offline. Ironically, with Trump's casino ownership history and his son's prediction market hustle, taxpayers get reamed while regulators gamble on ruining the game — and Las Vegas braces for a bigger slump than a busted royal flush.

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Source: Axios | Published: 10/20/2025 | Author: Nathan Bomey