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will resolve to "Yes" if the 90% cap on gambling loss deductions enacted in the 2025 "Big Beautiful Bill" is fully repealed by December 31, 2026, 11:59 PM ET.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.
Choose your position: Buy "YES" if you think it will happen, or "NO" if you don't.
Set your stake: Trade with virtual currency. The price reflects market probability.
Wait for the outcome: If you're right, you receive $1 per share. If wrong, you lose your stake.
This is a simulation. No real money involved.