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Gambling Loss
(redirected from Gambling Losses)

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Gambling Loss
Losses from wagers on events or games of chance in which the outcome is uncertain. This includes all cash lost and the market value of non-cash losses such as vacations. Professional gamblers may deduct all gambling losses against gambling income, but casual gamblers may only do so up to the amount of gambling income.
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Repaid Mark Keane, prosecuting, said Nichol, of Nether Blainslie, near Lauder, had managed to run up gambling losses of between pounds 25,000 and pounds 30,000.
pounds 23,000 theft to pay debt by Daily Record (Glasgow, Scotland)
Chasing: Trying to win back gambling losses with more gambling.
Dr SCOTT'S SURGERY by Evening Chronicle (Newcastle, England)
All tolled, Agate claims Forstmann lost 96,000 dollars in the days surrounding the Federer/Nadal match and Agate filed a receipt for a 96,000 dollars wire transfer to prove it, the money which Agate says Forstmann paid him for the gambling losses.
Man suing Federer's manager 'has new evidence to prove betting claims' by Asian News International
 
 
 
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