DraftKings CEO Jason Robins slammed a brand-new tax provision in President Donald Trump's proposed megabill, calling it "really unusual" and illogical. Robins questioned why gamblers need to pay income tax on money that isn't actual earnings.

- DraftKings CEO states Trump's OBBBA does not make good sense.

• The OBBBA avoids bettors from subtracting 100% of their losses.
• DraftKings says it's working with legislators to nix the .
  
  "I do think it's something that doesn't makes good sense," Robins told CNBC's Jim Cramer. "If you can't subtract all your losses, you understand, how does that make sense that you pay earnings tax on something that's not actually earnings."
  
  The provision, highlighted in the GOP's One Big Beautiful Bill Act (OBBBA), would avoid bettors from deducting 100% of their losses from their winnings, which was formerly thought about basic practice. Under the brand-new guideline, just 90% of losses can be subtracted, meaning that even a break-even bettor still owes taxes.
  
  Robins attributed the modification to a spending plan reconciliation technicality called the Byrd rule and included that DraftKings is dealing with lawmakers to reverse the arrangement.
  
  Congress introduces FAIR BET Act to fight Trump expense
  
  DraftKings isn't alone in opposing Trump's megabill. Nevada Congresswoman Dina Titus has presented the FAIR BET Act to counter the controversial change in gambling tax policy.
  
  The brand-new rule stimulated a backlash from market specialists who argue the OBBBA unfairly strains taxpayers and prevents transparent reporting. The FAIR BET Act, co-sponsored by Rep. Ro Khanna of California, looks for to bring back the previous rule, which permits 100% of betting losses to be subtracted from winnings.
  
  Titus condemned the wagering tax arrangement, saying Senate Republicans placed it without House approval and that it could drive bettors towards unregulated markets. Titus insists her expense guarantees fairness for all gamblers and promotes accountable betting through legal operators.
  
  DraftKings reports positive Q2 earnings
  
  DraftKings, on the other hand, reported its second-ever profitable quarter as a public company, leading to a 7% jump in stock worth in after-hours trading on Wednesday. The company posted $1.51 billion in profits for Q2 2025, going beyond expert expectations of $1.43 billion.
  
  Robins credited the company's success to strong client engagement, effective acquisition strategies, and beneficial betting results. He revealed optimism about the continued legalization of sports wagering throughout the U.S., expecting significant markets, such as Texas and California, will be included.