The American professional poker scene may be facing its greatest challenge in decades. A new tax regulation mandates that poker players must declare all earnings without the ability to deduct yearly losses—a fundamental shift that could make sustainable long-term play nearly impossible.
Jordan “BBZ” Drummond, one of the most respected voices in the industry, spoke out strongly against the measure:
“This kind of policy kills poker as a profession. No one can succeed in a high-variance game like this without being able to write off their losses.”
Under the new law, a player who wins $50,000 in one event but loses $60,000 in others will still be taxed on the $50,000 winnings. Losses are essentially invisible to the IRS under this policy, making variance a fiscal nightmare for professionals.
With these developments, a growing number of U.S.-based pros are considering relocating to poker-friendly jurisdictions such as the UK, Portugal, or Malta—places where laws are far more favorable for grinders.
These countries not only offer tax advantages but also a solid online scene and prestigious live festivals, positioning themselves as potential hubs for displaced American talent.
This isn't just a player problem. Online poker operators and the wider economy of the game may feel the pressure too. A drop in professional traffic could lead to lower liquidity, reduced high-stakes action, and an overall market contraction.
Poker may survive in the U.S., but its status as a viable profession could be in serious danger unless policies change.
Are you a current or aspiring poker pro? Stay informed and adapt fast.
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