**Bipartisan legislation to restore the full 100% gambling loss deduction against winnings has advanced only to the House Ways and Means Committee stage.** The 90% cap, enacted in the One Big Beautiful Bill Act signed in July 2025 and effective for tax year 2026, remains in place with no full House floor vote, Senate consideration, or presidential action scheduled. The FULL HOUSE Act (sponsored by Reps. Steven Horsford and Max Miller) and related measures cleared committee on a 38-5 vote in September 2026 as part of a larger tax package, yet lawmakers have announced no timetable amid the approaching midterms, congressional recess, and competing priorities. Renewed advocacy at the October 2026 Global Gaming Expo has kept the issue visible, but the short window before 2027 and procedural hurdles support traders’ current consensus that repeal is unlikely to clear both chambers and become law in time.