Cap on gambling loss deductions repealed before 2027?
Open$73Kas of
Odds now
The market prices a 15% chance that this market resolves YES, as of .
YES15¢
NO85¢
as of
What moved the odds?
1 AI-matched news signals on this market, newest first. Entry price is the called side when the news hit; the signed return marks it against the live price as of .
Tax Committee Moves to Reverse Gambling Loss Deduction Rule -- WSJ
Where does the news lean?
1YES0NO0neutraltrailing 24h
Average match confidence across the listed signals: 93%.
What would make this resolve YES?
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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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.