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Dina Titus, the Nevada representative, has stated that the Fair Accounting for Income Realized from Betting Earnings Taxation Act (FAIR BET Act) will be added as an amendment to the upcoming 2026 defense bill.
Known officially as the 2026 National Defense Authorization Act (NDAA), the bill is an annual piece of legislation that sets the budgetary limits for defense spending.
What is the 2026 National Defense Authorization Act (NDAA)?
The bill was introduced on July 15, 2025, and traditionally follows a path that requires approval from both the House and Senate before the President signs the agreed-upon terms into law.
Defense bills, such as the NDAA, cover all spending of the Department of Defense, including “military construction and defense activities of the Department of Energy, to prescribe military personnel strengths for the current fiscal year, and for other purposes,” says the official submission of the bill.
Titus determined on the FAIR BET Act
Rep. Titus took to social media to address the NDAA and spoke candidly about installing the FAIR BET Act into the proposed legislation.

The fight to restore the 100% gambling loss tax deduction continues.
I’ve introduced the #FAIRBETAct as an amendment to the 2026 National Defense Authorization Act (NDAA).
I strongly encourage the Republicans to make this amendment in order when it goes before the House Rules…
— Dina Titus (@repdinatitus) August 27, 2025

“The fight to restore the 100% gambling loss tax deduction continues,” posted Titus. “I strongly encourage the Republicans to make this amendment in order when it goes before the House Rules Committee upon our return to Congress next month.”
As we reported, Rep. Tutus has been seeking to implement the FAIR BET Act as a “common sense fix,” in her words, to the creation of the One Big Beautiful Bill Act (OBBBA), which was sworn into law on Independence Day, July 4.
Titus has been vocal about the societal impact that the Big Beautiful Bill has on her constituents and Nevada as a state that heavily relies on tourists visiting to gamble and enjoy entertainment venues.
Changes introduced in the OBBBA would mean that gamblers would face a 90% reduction in taxation on gambling earnings, compared to the current 100%.
This would mean a gambler who wins $100,000 and then loses $100,000 would be required to pay $10,000 in taxes.
“There’s still a bias against gaming. And we found it and thought, ‘Well, this is not good for people who enjoy coming to Las Vegas to gamble.’ We’re not talking about only professional poker players,” said Titus.
Titus also poked fun at prediction markets earlier this year when she had seen the odds on the FAIR Bet Act passing.
Her tongue-in-cheek riposte on social media, saying, “You know the FAIR BET Act has made it when two prediction markets I am trying to shut down are offering odds on its passage.”

You know the FAIR BET Act has made it when two prediction markets I am trying to shut down are offering odds on its passage. pic.twitter.com/Z5KkkcdChY
— Dina Titus (@repdinatitus) July 21, 2025

It remains to be seen whether Rep. Titus’s inclusion of the FAIR BET Act in the NDAA will be successful, but she is relentless in her defense of the state of Nevada and the tourism and gambling lifelines the state relies on.
Featured image: Rep. Titus official
The post Nevada rep. Dina Titus to add FAIR BET Act to defense bill appeared first on ReadWrite.

The sports betting content network WagerTalk Media has announced it will partner with PicksandParlays.net Group and WinnersAndWhiners to “form one of North America’s largest independent sports betting content networks.”
The strategic partnership has been created to serve the American market, with estimations that the combined network will reach approximately eight million active users across various media platforms.

📣 BIG ANNOUNCEMENT 📣

We’ve officially teamed up with @PicksParlays and @WinnersWhiners. Together, we’re creating one of the largest independent sports betting content networks in North America 🏈⚾🏀🏒

👀 Stay tuned… this is only the beginning. pic.twitter.com/fXCdlKKpKL

— WagerTalk (@WagerTalk) August 26, 2025

It was in July 2015 when WagerTalk was created, with a team of writers and on-air personalities having been formed. Since then, the company’s YouTube channel has produced over 22,000 videos, with these amassing nearly 75 million views.
“This partnership brings together three powerhouse brands with a shared mission: To deliver the most engaging, insightful, and trusted sports betting content in the industry,” claimed Rick Allec, CEO of WagerTalk Media.
“By combining our technology with their loyal audiences and respected voices, we’re setting a new standard for sports betting media.”
What is the content network brand WagerTalk Media?
PicksandParlays is another which is on YouTube, with the account having gained almost 50,000 subscribers and is close to 20 million views over the last five years. WinnersAndWhiners, on the other hand, was created over a decade ago and specializes in game previews, betting trends, and matchup analysis. Their account has almost 20,000 subscribers.
Three years ago, in 2022, WagerTalk TV claimed to have become the first sports betting centric channel to earn YouTube verification and the platform’s Silver Creator Award. Multiple videos are posted on the channel daily, with it being largely focused on the NFL, MLB, NBA, NHL, and other sports.
Ahead of the pandemic in 2020, most of the content was produced in-person in a rented studio, but it has since switched to content being recorded remotely. It has an app and a podcast too, which occurs on a daily basis directly from Vegas. The company is active on several social media platforms.
Featured Image: Credit to WagerTalk on Facebook / Canva
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Venmo and the NCAA are teaming up to help protect student athletes from harassment, with a number of protections put in place to prevent bullying.
This collaboration comes as research shows that nearly half of U.S. teens and U.S. adults have faced some form of online harassment or cyberbullying, and the trend is rising.
A recent study by the NCAA also found that over 5,000 posts during a large dataset contained abusive, discriminatory, or threatening content. 12% of all abuse was found to be related to sports betting, with more than 740 instances.

“We applaud Venmo for taking action, and we need more social media companies and online platforms to do the same.” – Charlie Baker, NCAA President

As the college football season kicks off for yet another year, Venmo and the NCAA have launched a reporting hotline, among other features. This dedicated hotline is for student athletes and the NCAA to report potential cases of abuse for investigation and identify typologies of athlete harassment on Venmo.
Venmo and the NCAA have brought in a number of features
Student athlete resources have been created too, with Venmo providing a best practices guide for the young people to stay safe. This will be distributed directly through NCAA channels, including newsletters, emails, and e-learning modules.
David Szuchman, SVP, head of global financial crime and customer protection, PayPal, emphasized, “While unwanted interactions to athletes make up an extremely small percentage of transactions on Venmo, even a small number of these incidents is unacceptable. The safety and security of our users remain our highest priority.
“Harassment or abuse of any kind is not tolerated on the platform, and strict action is taken against users who violate our policies. Through these measures, we are taking decisive steps to help prevent the misuse of our platform and ensure all our users feel protected when they use Venmo.”
Going forward, the payment service will monitor student athletes’ accounts on an ongoing basis to help mitigate an influx of requests based on game performance. They will work with them to implement additional security measures as needed.
The company will also educate users on the possible outcomes of harassing athletes through unwanted requests to athletes, including potential account closure.
As NCAA President Charlie Baker notes, “The harassment we are seeing across various online platforms is unacceptable, and we need fans to do better.
“We applaud Venmo for taking action, and we need more social media companies and online platforms to do the same. Several states have passed laws to crack down on this behavior to protect student-athletes, and we hope more do the same because stopping this abuse requires action on multiple fronts.”
Featured Image: AI-generated via Ideogram
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The game-making company Yggdrasil has announced a new partnership with Everbet, expanding its presence into Bulgaria.
Through the agreement, over 20 of Yggdrasil’s core games are now live to the operator’s local customers. The games span the Vikings series and Valley of the Gods collection, alongside other releases like Raptor DoubleMax, Hades Gigablox, and Golden Fish Tank 2.
In sharing the news, Yggdrasil described the collaboration as representing ‘another strategic milestone’ as it expands its reach in Bulgaria. This is a country where its games have been live since 2023.
Jose Kadala, Chief Commercial Officer at Yggdrasil, said: “Bulgaria continues to be an important regulated market for us, and this collaboration with a respected local operator like Everbet demonstrates our commitment to delivering exceptional gaming experiences to players across the region.
“Our proven portfolio of high-performing slots, featuring innovative mechanics and immersive gameplay, perfectly complements Everbet’s established market position and we look forward to bringing excellent entertainment to their customers.”
Yggdrasil also announces expansion in Italy this week
Everbet is a Bulgarian-based operator that has online casino games and sports betting. Speaking about the new partnership, COO Krisjanis Kravis from Everbet said: “Yggdrasil’s reputation for creating engaging, high-quality slot content made them an ideal partner for expanding our game offering.
“We’re excited to bring these proven titles to our Bulgarian players and enhance their gaming experience with this premium content.”
This announcement has taken place in the same week that Yggdrasil shared news of an extension of its Italian footprint through a bet365 partnership. The players of this operator, in Italy, have now gained access to the slot collection.
Within the news shared by the game-making company, they described Italy as being a ‘key region’ and said the partnership is the latest in its ‘ongoing commitment to expand its footprint across regulated markets and bring its premium casino content to new audiences.’
Featured Image: Credit to Yggdrasil news
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