Cap on gambling loss deductions repealed before 2027?

·Politics

United States

35%

▲ 5.5pp

24h change

vol cum

$70.1k

vol 24h

$3

spread

0.16

ends

Dec 31, 2026

This market will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". To qualify as a repeal, the cap must be entirely remove any cap limiting gambling loss deductions to below 100%. Modifications—such as increasing the limit, delaying implementation or changing how it is calculated will not qualify. The resolution source for this market will be a consensus of credible reporting.