Will the cap on gambling loss reduction be repealed?
Will the cap on gambling loss reduction be repealed?
Chance
Before Sep 1, 2026
3%
Before Sep 1, 2026
3%
Before 2027
18%
▲ 5
Before 2027
18%
▲ 5
2 more
Market Rules
Before Sep 1, 2026
If bill that removes/changes the gambling tax provision in the One Big Beautiful Bill Act ("OBBB") becomes law before before Sep 1, 2026, then the market resolves to Yes. Outcome verified from Library of Congress.
Timeline and payout
Market openMay 11, 2026 · 12:30pm EDT
Market closesAfter the outcome occurs
Projected payout30 minutes after closing
SeriesKXGAMBLINGREPEAL
EventKXGAMBLINGREPEAL-26JAN
MarketKXGAMBLINGREPEAL-26SEP01
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