The 90% cap on gambling loss deductions took effect for tax year 2026 under the One Big Beautiful Bill Act signed in July 2025, which made prior limitations permanent while adding the new percentage restriction. Bipartisan repeal legislation, including the FAIR BET Act, has been introduced and received support from gaming industry groups and lawmakers from casino-heavy states, along with advocacy such as a May 2026 appeal to the administration. However, these efforts have stalled in committee with no floor action or passage as of mid-2026, reflecting slow legislative timelines, competing priorities ahead of midterms, and the absence of broader tax reform momentum. Traders price the low likelihood of full repeal by December 31, 2026, accordingly.
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
16% संभावना
$71,078 वॉल्यूम
$71,078 वॉल्यूम
31 दिस, 2026
हाँ
16% संभावना
$71,078 वॉल्यूम
$71,078 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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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. The 90% cap on gambling loss deductions took effect for tax year 2026 under the One Big Beautiful Bill Act signed in July 2025, which made prior limitations permanent while adding the new percentage restriction. Bipartisan repeal legislation, including the FAIR BET Act, has been introduced and received support from gaming industry groups and lawmakers from casino-heavy states, along with advocacy such as a May 2026 appeal to the administration. However, these efforts have stalled in committee with no floor action or passage as of mid-2026, reflecting slow legislative timelines, competing priorities ahead of midterms, and the absence of broader tax reform momentum. Traders price the low likelihood of full repeal by December 31, 2026, accordingly.
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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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
$71,078समाप्ति 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. The 90% cap on gambling loss deductions took effect for tax year 2026 under the One Big Beautiful Bill Act signed in July 2025, which made prior limitations permanent while adding the new percentage restriction. Bipartisan repeal legislation, including the FAIR BET Act, has been introduced and received support from gaming industry groups and lawmakers from casino-heavy states, along with advocacy such as a May 2026 appeal to the administration. However, these efforts have stalled in committee with no floor action or passage as of mid-2026, reflecting slow legislative timelines, competing priorities ahead of midterms, and the absence of broader tax reform momentum. Traders price the low likelihood of full repeal by December 31, 2026, accordingly.
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
$71,078समाप्ति तिथि
31 दिस, 2026बाज़ार खुला
Nov 5, 2025, 2:32 PM ETResolver
0x65070BE91...The 90% cap on gambling loss deductions took effect for tax year 2026 under the One Big Beautiful Bill Act signed in July 2025, which made prior limitations permanent while adding the new percentage restriction. Bipartisan repeal legislation, including the FAIR BET Act, has been introduced and received support from gaming industry groups and lawmakers from casino-heavy states, along with advocacy such as a May 2026 appeal to the administration. However, these efforts have stalled in committee with no floor action or passage as of mid-2026, reflecting slow legislative timelines, competing priorities ahead of midterms, and the absence of broader tax reform momentum. Traders price the low likelihood of full repeal by December 31, 2026, accordingly.
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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