THE RAGING DEGENERATE

The 'One Big Beautiful Bill' capped gambling loss deductions at 90%, meaning you'll owe taxes on phantom winnings. But the $2K slot threshold helps.

John Acres, the inventor of player tracking and progressive jackpots, called out Vegas casinos for nickel-and-diming customers. He's got a point.

Nobody matched Friday's Mega Millions numbers, pushing Tuesday's jackpot to $199 million. The cash option sits at $90.5 million. Hope springs eternal.

First-time Pai Gow player draws a seven-card straight flush in diamonds at Palms Las Vegas, walking away with $576,540. We should all be so lucky.

A federal lawsuit accuses Drake, Adin Ross, and Stake.us of running an illegal gambling operation and using the platform to inflate music streaming numbers.

Nobody hit Wednesday's Powerball, so Saturday's jackpot swells to $124 million. One Delaware player did turn $4 into $2 million with the Power Play.

New tax law caps gambling loss deductions at 90% of winnings. If you're a high-volume bettor, the IRS just made your life significantly worse.

The first big lottery drawing of 2026 is here. $180 million on the line, $81 million cash option. Someone's year is about to change forever.

The new 90% gambling loss deduction rule means even if you break even, you owe taxes. A player winning $10K and losing $10K now pays taxes on $1K of 'phantom' income.

No winner Friday means the jackpot keeps growing. Tuesday's drawing offers $180 million with an $81 million cash option. The dream lives.

No winner on New Year's Eve pushes the Powerball jackpot to $64 million for Saturday's drawing. Here's what you need to know.

Two major gambling tax changes take effect January 1: the slot jackpot reporting threshold rises to $2,000, and gambling loss deductions drop to 90%.

From a $940K Spanish 21 hit at Mohegan Sun to Thunder Valley's Christmas Day slot winner, here's who got lucky during the holidays.

Vegas tourism took a significant hit this year with visitor numbers down 6% from 2024. High prices, changing habits, and economic headwinds are forcing the Strip to reconsider its strategy.

The lottery never sleeps. After nobody hit Friday's drawing, the Mega Millions jackpot grows to $138 million for Tuesday's draw. The dream machine keeps churning.

The year in gambling had clear victors and casualties. Prediction markets took over, traditional sportsbooks scrambled, and ESPN Bet couldn't even make it two years.

After the $1.817 billion Arkansas winner on Christmas Eve, tonight's Powerball drawing starts the climb back up. The cycle of hope continues.

45 drawings without a winner. Back-to-back billion-dollar jackpots. Tonight's Powerball is the stuff degen dreams are made of. Get your tickets.

44 drawings without a winner. The second billion-dollar jackpot this year. Tomorrow's drawing could change someone's life forever. Probably not yours, but maybe.

41 drawings without a winner, about to break the drought record, and the first back-to-back billion-dollar jackpots ever. Hope is a hell of a drug.