Cap on gambling loss deductions repealed by March 31?

cap-on-gambling-loss-deductions-repealed-by-march-31

$120 Vol. Ends Mar 31, 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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by March 31, 2026, 11:59 PM ET.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.