Comment from The Chickasaw Nation
AnonymousOtherGovernment
Summary: The Chickasaw Nation supports the proposed increase in the information reporting threshold from $600 to $2,000, noting it reduces administrative burdens for tribal gaming operations. However, the Nation opposes the proposed modification to the limitation on wagering losses, arguing that the 90 percent deduction limit harms players and tribal revenue while potentially driving users toward unregulated gaming platforms.
The Chickasaw Nation is pleased to provide the attached comments in response to the Internal Revenue Service’s Notice of Proposed Rulemaking published in the Federal Register on April 17, 2026, proposing amendments to the regulations governing information reporting and wagering losses.