Legislative efforts to repeal the 90% cap on gambling loss deductions, enacted as part of the July 2025 One Big Beautiful Bill Act, have stalled amid broader tax code priorities and the slow pace of congressional action. Bipartisan bills such as the FAIR BET Act were introduced to restore full deductibility against winnings, with industry pressure including a May 2026 letter from UFC's Dana White to President Trump, yet fast-track measures faced blocks and no repeal advanced before the provision took effect for tax year 2026. With the December 31, 2026, resolution window approaching and competing fiscal demands limiting floor time, traders assign an 82.5% probability to "No," reflecting entrenched procedural barriers and the absence of overriding catalysts capable of shifting the outcome in the remaining months.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · AggiornatoSì
$71,073 Vol.
$71,073 Vol.
Sì
$71,073 Vol.
$71,073 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.
Mercato aperto: 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...Legislative efforts to repeal the 90% cap on gambling loss deductions, enacted as part of the July 2025 One Big Beautiful Bill Act, have stalled amid broader tax code priorities and the slow pace of congressional action. Bipartisan bills such as the FAIR BET Act were introduced to restore full deductibility against winnings, with industry pressure including a May 2026 letter from UFC's Dana White to President Trump, yet fast-track measures faced blocks and no repeal advanced before the provision took effect for tax year 2026. With the December 31, 2026, resolution window approaching and competing fiscal demands limiting floor time, traders assign an 82.5% probability to "No," reflecting entrenched procedural barriers and the absence of overriding catalysts capable of shifting the outcome in the remaining months.
Riepilogo sperimentale generato dall'AI con riferimento ai dati di Polymarket. Questo non è un consiglio di trading e non ha alcun ruolo nella risoluzione di questo mercato. · Aggiornato



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