Federal Court of Appeal News

Full defense win

Musk win - monetary relief only

Settlement

Musk win - with structural relief

NO

1+ days

30+ days

365+ days

180+ days

730+ days

1825+ days

YES

YES

YES

Gambling losses deduction remains limited to 90% as laid out in OBBB

Congress explicitly intervenes to restore 100% deduction (example Rep Titus FAIR BET act enacted)

Mainstream pro gamblers move primarily to prediction markets for tax treatment

Administrative action classifies sports prediction markets as gambling for tax purposes

Court ruling classifies sports prediction markets as gambling for tax purposes

Legislation classifies sports prediction markets as gambling for tax purposes

Major sports book goes bankrupt because of OBBB by 2027-01-01

CBS case, over 60 Minutes Harris interview

Trump defamation suit against NYT (filed September 2025)

Des Moines Register case, over Ann Selzer poll

NO

YES

Marianne Rivoalen (Manitoba Chief Justice)

Peter Edelmann (BC Court of Appeal)

Glenn Joyal (Manitoba Court of King's Bench)

April Grosse (Alberta Court of Appeal)

Naheed Bardai (Saskatchewan Court of Appeal)

Gerald Heckman (Federal Court of Appeal)

Other

NO