Ends 3/31/2026

Cap on gambling loss deductions repealed by March 31?

Name: Cap on gambling loss deductions repealed by March 31?
Start: 2026-02-22T15:06:19.069Z
End: 2026-03-31T00:00:00.000Z

Will the gambling loss deduction cap be repealed by March 31? Bet now on this pivotal tax policy shift!

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Resolution Rules

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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by March 31, 2026, 11:59 PM ET.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.