KalshiPolitics
Will the cap on gambling loss reduction be repealed?
In 2026
Ends Sep 1, 2026
Bet NowDisclosure
18+ only. Event contracts carry significant risk and are not suitable for everyone, you can lose the entire amount you commit. Not available in all jurisdictions; restrictions and eligibility requirements apply.
- Before Sep 1, 202611.9K VOL.——
- Before 2027278K VOL.——
- Before April 1, 20270 VOL.——
- Before Sep 1, 20270 VOL.——
- Before Jan 1, 20280 VOL.——
Rules Summary
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, 2026, then the market resolves to Yes.
Timeline and Payout
- Opened
- May 11, 2026, 4:30 PM
- Closes
- Sep 1, 2026, 2:00 PM
- Pays out
- 0.5 hours after close
Series KXGAMBLINGREPEAL · Event KXGAMBLINGREPEAL-26JAN · Market KXGAMBLINGREPEAL-26SEP01