Cap on gambling loss deductions repealed before 2027?
$73K volume·до Jan 1, 2027
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Cap on gambling loss deductions repealed before 2027?$73K volume01234567890123456789%+1 pp
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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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.
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Proposed outcome
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Questions and answers
“Cap on gambling loss deductions repealed before 2027?” is a prediction market on Melbo. A share’s price reflects the probability of the outcome: on the correct outcome each share settles at $1, on the wrong one at $0.