No it is right. You have to itemize deductions on schedule A to deduct the losses. But since the Standard Deduction is now a lot higher and more deductions are limited, more people will take the Standard Deduction instead of itemizing which means you can't deduct the gambling losses.
For 2021 the standard deduction amounts are:
Single 12,550 + 1,700 for 65 and over or blind (14,250)
HOH 18,800 + 1,700 for 65 and over or blind (20,500)
Joint 25,100 + 1,350 for each 65 and over or blind (26,450/27,800)
Married filing Separate 12,550 + 1,350 for 65 and over or blind (13,900)
