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We're going on YouTube, Rumble, Facebook, and here on X, where I think a lot of people are watching it as well, talking about all the new latest legislation stuff that might be coming down the pike and just more industry stuff. So a bit insular today, but there's a new tax bill that's going through the Senate. We'll see if that ends up passing because I mean, I don't know what's going on with any of this stuff. Just want to let you know, this show is presented by Underdog. You should all play on Underdog. You should sign up with Code Mayo, helping me break this down to understand the ramifications of both pros and even casual players, be it in the betting space, poker space. And it seems like DFS may have been left out of this for the moment. I got Brian Hooper and Dan Bach on with me. And Brian, I want to go to you first because you're, you know, Mr. Statehouse. You know the law. You know the lobbies. You're familiar with this. And we just had one more thing come out within an hour of this show. This is from, who is this, Bill Spiros? I don't know who that is, but

apparently this is not as bad as it once seemed about 12 hours ago. So what do you make of

what's going on, Brian? So, yeah, this is why it's always good to, like, have the news drop

before you go live because it completely changes. This completely changes the way to look at

this bill, which is still, still bad. It's still not a good thing. But for, at least for the

professional players, the first interpretation we had on as, you know, Twitter lawyers was really

bad. So for, especially for professional players this makes it

seem like and I I did put this in the chat GPT so that is basically like the Supreme Court of

interpretations and it it thinks this guy is right and professional players will be exempt from this code change

but recreational players will still the code change will still apply to them um and maybe we

should say what that change is uh for for those who don't know who haven't been on twitter in the last 24 hours it's a change in

the tax code for how you would count your gambling losses like in any sane world if you

spent 10 dollars on a lottery scratch off ticket or whatever um and you won exactly $10 back, you would be break-even

and you wouldn't owe any taxes. Under this new bill, your losses are counted only at 90%,

so you would technically owe a dollar in taxes. You'd have to pay taxes

on a dollar under this new law as a recreational better. And the scare was before this new

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