Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
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
$68,293 वॉल्यूम
$68,293 वॉल्यूम
31 दिस, 2026
हाँ
$68,293 वॉल्यूम
$68,293 वॉल्यूम
31 दिस, 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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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. Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
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.
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
वॉल्यूम
$68,293समाप्ति तिथि
31 दिस, 2026बाज़ार खुला
Nov 5, 2025, 2:32 PM ETResolver
0x65070BE91...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. Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
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.
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.
वॉल्यूम
$68,293समाप्ति तिथि
31 दिस, 2026बाज़ार खुला
Nov 5, 2025, 2:32 PM ETResolver
0x65070BE91...Recent legislative momentum for repealing the 90% cap on gambling loss deductions has stalled amid partisan divides over federal revenue. The provision, enacted in the One Big Beautiful Bill Act of 2025 and effective for tax year 2026, limits deductions to 90% of winnings despite the longstanding rule that losses cannot exceed gains. House Republicans rejected the FAIR BET Act as an amendment to the National Defense Authorization Act, citing its projected $1.14 billion revenue impact through 2034. While UFC President Dana White recently urged President Trump to reverse the cap in an official letter, and related bills have been introduced, the lack of a confirmed floor vote or bipartisan support before the 2026 tax debate window has reinforced trader expectations that the cap will remain through 2027.
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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