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Regulations News

20 March 2026

Fair Bet House Bills stalls

FAIR BET act stalls in the house

An amendment to a provision in the Big Beautiful Bill, which would see allowable deduction rates slip to 90% of losses for gamblers, is facing a roadblock in Congress. The Fair Accounting for Income Realized From Betting Earnings Taxation Act, otherwise known as the FAIR BET Act.

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Rank CEO to stepdown

Rank CEO departs role

The CEO of Rank Group, John O’Reilly, is stepping down from his position into retirement, the company has announced. His official retirement date is slated for 29th January, though he is expected to contribute through the end of the 2025-26 financial year.

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