Yes: the 90% cap on gambling loss deductions enacted in 2025 is fully repealed by December 31, 2026, 11:59 PM ET. Repeal means removing any cap below 100%; changes like raising or delaying the limit do not qualify. Settlement follows a consensus of credible reporting.
Outcome | Odds | Spread | 24h Change | 24h Volume | Total Volume | Liquidity | |
|---|---|---|---|---|---|---|---|
| Cap on gambling loss deductions repealed before 2027?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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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.