UFC’s Dana White urges Trump to reverse gambling tax law
The post UFC’s Dana White urges Trump to reverse gambling tax law appeared on BitcoinEthereumNews.com. U.S. President Donald Trump speaks with Secretary of State Marco Rubio and UFC CEO and President Dana White during UFC 327 at Kaseya Center on April 11, 2026 in Miami, Florida. Julia Demaree Nikhinson | Getty Images UFC President Dana White penned a letter to President Donald Trump pleading for him to reverse a provision of his signature tax law. White asked the president to undo a 90% cap on gambling loss deductions that was approved as part of his “big beautiful bill,” according to a letter first reported by an independent journalist. ESPN reported that the organization independently confirmed the authenticity of the letter. Traders on prediction market platform Kalshi don’t think the law will be repealed this year, but White’s letter moved the odds. After the first report of the letter, chances that the cap will be repealed this year jumped to 37% from 20%. They have since fallen