The 90% cap on gambling loss deductions took effect for tax year 2026 under the One Big Beautiful Bill Act, signed into law in July 2025, which permanently altered prior rules allowing full offsets against winnings. Repeal would require new legislation to restore 100% deductibility up to winnings. As of August 2026, no such bill has advanced through Congress despite industry advocacy, including a May 2026 letter from UFC CEO Dana White urging reversal and support from Nevada’s delegation for corrective measures. Similar prediction platforms currently price repeal odds before early 2027 at roughly 25%, reflecting limited legislative momentum and competing priorities in the current session. Trader consensus therefore treats swift repeal as unlikely absent major new developments before the end of 2026.
Polymarket ডেটা রেফারেন্স করে পরীক্ষামূলক AI-জেনারেটেড সারাংশ। এটি ট্রেডিং পরামর্শ নয় এবং এই মার্কেট কীভাবে রেজলভ হয় তাতে কোনো ভূমিকা রাখে না। · আপডেটেড$71,406 Vol.
$71,406 Vol.
$71,406 Vol.
$71,406 Vol.
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.
মার্কেট ওপেন হয়েছে: Nov 5, 2025, 2:32 PM ET
Resolver
0x65070BE91...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.
Resolver
0x65070BE91...The 90% cap on gambling loss deductions took effect for tax year 2026 under the One Big Beautiful Bill Act, signed into law in July 2025, which permanently altered prior rules allowing full offsets against winnings. Repeal would require new legislation to restore 100% deductibility up to winnings. As of August 2026, no such bill has advanced through Congress despite industry advocacy, including a May 2026 letter from UFC CEO Dana White urging reversal and support from Nevada’s delegation for corrective measures. Similar prediction platforms currently price repeal odds before early 2027 at roughly 25%, reflecting limited legislative momentum and competing priorities in the current session. Trader consensus therefore treats swift repeal as unlikely absent major new developments before the end of 2026.
Polymarket ডেটা রেফারেন্স করে পরীক্ষামূলক AI-জেনারেটেড সারাংশ। এটি ট্রেডিং পরামর্শ নয় এবং এই মার্কেট কীভাবে রেজলভ হয় তাতে কোনো ভূমিকা রাখে না। · আপডেটেড



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