The 90% cap on gambling loss deductions took effect January 1, 2026, under the One Big Beautiful Bill Act signed in July 2025, replacing the prior 100% offset against winnings. Bipartisan repeal legislation, including the FAIR BET Act and FULL HOUSE Act, has been introduced with backing from industry figures and lawmakers from gaming states, but these measures have stalled without committee advancement or floor consideration. Advocacy efforts, such as Dana White’s May 2026 letter to President Trump, produced only temporary shifts in related prediction markets before probabilities reverted. With the 2026 legislative calendar winding down amid competing priorities and no enacted changes as of mid-August, traders assign an 82.5% probability to no repeal before 2027, reflecting the procedural and timing barriers to reversing the provision in the current Congress.
Polymarket डेटा का संदर्भ देने वाला प्रयोगात्मक AI-जनरेटेड सारांश। यह ट्रेडिंग सलाह नहीं है और इस बाज़ार के समाधान में कोई भूमिका नहीं निभाता। · अपडेट किया गयाहाँ
$71,073 वॉल्यूम
$71,073 वॉल्यूम
हाँ
$71,073 वॉल्यूम
$71,073 वॉल्यूम
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.
बाज़ार खुला: 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 January 1, 2026, under the One Big Beautiful Bill Act signed in July 2025, replacing the prior 100% offset against winnings. Bipartisan repeal legislation, including the FAIR BET Act and FULL HOUSE Act, has been introduced with backing from industry figures and lawmakers from gaming states, but these measures have stalled without committee advancement or floor consideration. Advocacy efforts, such as Dana White’s May 2026 letter to President Trump, produced only temporary shifts in related prediction markets before probabilities reverted. With the 2026 legislative calendar winding down amid competing priorities and no enacted changes as of mid-August, traders assign an 82.5% probability to no repeal before 2027, reflecting the procedural and timing barriers to reversing the provision in the current Congress.
Polymarket डेटा का संदर्भ देने वाला प्रयोगात्मक AI-जनरेटेड सारांश। यह ट्रेडिंग सलाह नहीं है और इस बाज़ार के समाधान में कोई भूमिका नहीं निभाता। · अपडेट किया गया



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