STATESIDE BMM qp strip CI Feb26.indd 1


Tipping point I


n the U.S., you can count on two truisms in May. First, the weather is “iffy.” Don’t believe that old “April showers bring May flowers” line since May can be rainy and damp.


The second, and more important, is the official April 15 end of tax season. This month, millions will receive refunds after submitting their paperwork. Last July, Congress passed President Donald Trump’s One Big Beautiful Bill (OBBB) legislation. It


11/2/26 09:54


Sharon Harris looks into the real-world ramification of President Trump’s One Big Beautiful Bill.


intended to have far-reaching effects on everyday tipped workers in dozens of industries, including several casino categories.


Eligible employees could deduct up to $25,000 of qualified tip income, including casino chips, from their federal income taxes. Depending on the individual situation, this alone could potentially drop the average worker into a lower tax bracket. The second, and some feel the most impactful,


allows eligible workers to deduct up to $12,500 for single filers-$25,000 for joint filers-on overtime. We all know that casinos are prime 24-hour locations where overtime is a routine occurrence and workers could cash in on this economic break. So, how did it work out in tax year one? While final figures are incomplete, there is much early data.


Last month, U.S. Treasury Secretary Scott


12 MAY 2026


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