Will the cap on gambling loss reduction be repealed?
Politics

Will the cap on gambling loss reduction be repealed?

In 2026
Markets
Before 2027
17%
Before Sep 1, 2026
11%
Rules

If bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") becomes law before Jan 1, 2027, then the market resolves to Yes.

Outcome verified from White House and Library of Congress.

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