YOUR TRUSTED SOURCE FOR GAMBLING NEWS
Est. 2019

THE RAGING DEGENERATE

Your Daily Dose of Gambling News

#Slots14 articles
New 90% Gambling Loss Cap Stings Bettors in 2026
Industry4 min read

New 90% Gambling Loss Cap Stings Bettors in 2026

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.

The Degenerate StaffJan 13, 2026
Louisiana Degen Hits $1.13M on Penny Slots
Casino3 min read

Louisiana Degen Hits $1.13M on Penny Slots

Baton Rouge player turns $3 bet into $1,132,124 on Wheel of Fortune slot at Beau Rivage in Mississippi. First statewide progressive jackpot of 2026.

Vegas VicJan 11, 2026
New 2026 Gambling Tax Rules Hit Your Wallet Today
Industry3 min read

New 2026 Gambling Tax Rules Hit Your Wallet Today

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%.

The Degenerate StaffJan 1, 2026