President Trump in Las Vegas, Will Speak at Casino About Tip Taxes on Wednesday

Grant Mitchell
By: Grant Mitchell
Industry
Trump Headed to Las Vegas

Photo by Wikimedia Commons, CC by-SA 2.0 (https://creativecommons.org/licenses/by-sa/2.0/)

Key Takeaways

  • Trump pushed the No Tax on Tips as part of his One Big Beautiful Bill, which was passed in 2025
  • The bill makes up to $25,000 of tips deductible on federal taxes until 2028
  • Republicans control the House and Senate ahead of midterm elections in November

President Donald Trump is heading back to Las Vegas, Nevada, to speak at an event at Red Rock Casino Resort on Wednesday.

Once a casino-owner himself, Trump is scheduled to speak at the Summerlin property owned by the Fertitta family, headlined by Tilman Fertitta, who recently  agreed to purchase Caesars Entertainment for $18 billion. Trump will stay overnight at his self-branded Trump International hotel.

The President’s speech is expected to discuss policies relevant to the tourist- and casino-rich Las Vegas area.

Trump back in Las Vegas casino life

Trump has overseen several legislative changes with direct impacts on everyday workers and residents in Las Vegas. That includes casino employees themselves, waiters at restaurants, and individuals involved in the hospitality industry.

His visit to Red Rock is expected to highlight his “No Tax on Tips” policy, which was enacted under the One Big Beautiful Bill and allows workers to apply a federal income tax deduction of up to $25,000 of qualified tip income.

“President Trump will visit Las Vegas to highlight how his Working Families Tax Cuts are delivering real results for American workers,” read a statement from the White House. “By passing ‘No Tax on Tips,’ no tax on Social Security, and no tax on overtime, President Trump and Republicans guaranteed Americans receive bigger paychecks and keep more of their hard-earned money.”

The White House also tacked on a partisan perspective, slamming Democrats who opposed the provision. “No Tax on Tips” was presented as part of a larger package and was not individually opposed by Democrats.

The U.S. Senate later unanimously passed a standalone bipartisan version of “No Tax on Tips.”

Trump International Hotel Las Vegas - Wikipedia
The Trump International Hotel in Las Vegas

“The President will remind Nevadans that every single Democrat opposed these commonsense reforms and fought to massively raise taxes on working families,” the statement read.

Trump touts No Tax on Tips

Trump also touted his “No Tax on Tips” initiative when was in Las Vegas in April, that time at the new AC Hotel at Symphony Park. He told the audience that the idea for the tax cut was given to him by a Las Vegas waitress.

“Las Vegas is the birthplace of a little idea known as ‘No Tax on Tips,’” he said. “This is the birthplace. A young waitress came up to me during dinner, and she said, ‘Sir, we should have no tax on tips.’ I said, ‘That’s the greatest thing I’ve ever heard.’ I walked outside to the fake news media and said, ‘Ladies and gentlemen, there will be no tax on tips.’ That was it.”

The tax cut was signed into law on July 4 and will apply for the federal tax years from 2025-28.

While the President helped put money back into employees’ pockets, he also presented challenges to the casino industry. No matter if customers preferred slot machines, live-dealer table games, poker, blackjack, or any other attraction, his Big Beautiful Bill reduced gambling loss tax deductions from the full 100 percent to 90 percent. 

The change meant that a hypothetical gambler who won and lost $100,000 in a tax year — thereby breaking even — could only deduct $90,000 of their losses, meaning they’d pay taxes on $10,000 they didn’t win. Casinos and sportsbooks strongly opposed the change, and many Las Vegas businesses pleaded with him to rework the change.

Nevada Rep. Dina Titus (D) also introduced the FAIR Bet Act, a bipartisan bill that would restore the 100% gambling loss deduction. That bill is stalled in the House Committee on Ways and Means. 

Trump’s visit to America’s gambling capital comes just a few months before the midterm elections, during which Republicans will hope to keep control of the House and Senate.

Grant is an industry news expert who covers legislative news, financial updates, and general industry trends. As a veteran of the gambling industry, Grant has experience in the world of casinos, sports betting, and iGaming. As a former long-distance runner, he knows a thing or two about persistence and consistently holding himself to a high standard.

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