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Will the cap on gambling loss deduction be repealed?

Open

Before Jan 1, 2029

Selected outcome

Before Sep 1, 2027

28%

Before Sep 1, 2027 · 28%

Stored quote · checking the venue

Scheduled end
Jan 1, 2027 ET
Resolution source
Library of Congress (opens in a new tab)

Price

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Markets

  • Before Jan 1, 2027

    Will bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") become law before Jan 1, 2027?

    18%

    Open · ~$362 24h · ~$71k vol

    Bid 16¢ · Ask 19¢

    Open full market view →
  • Before Jan 1, 2029

    Will bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") become law before Jan 1, 2029?

    46%

    Open · ~$0 24h · ~$0 vol

    Bid 43¢ · Ask 48¢

    Open full market view →
  • Before Apr 1, 2027

    Will bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") become law before Apr 1, 2027?

    20%

    Open · ~$0 24h · ~$4,129 vol

    Bid 16¢ · Ask 23¢

    Open full market view →
  • Before Sep 1, 2027

    Will bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") become law before Sep 1, 2027?

    28%

    Open · ~$0 24h · ~$3,284 vol

    Bid 25¢ · Ask 30¢

    Open full market view →
  • Before Jan 1, 2028

    Will bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") become law before Jan 1, 2028?

    40%

    Open · ~$0 24h · ~$1,605 vol

    Bid 36¢ · Ask 43¢

    Open full market view →
Event statistics
24h vol
~$362
Volume
~$80k
Liquidity
—
Open int.
144k contracts

How this resolves

Scheduled end
Jan 1, 2027 ET
  1. Trading
  2. Closed
  3. In review
  4. Resolved
Rules text

If a bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") has become law after Issuance and before Sep 1, 2027, then the market resolves to Yes.

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