Gambling

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Related to gaming: Gaming computers, Gaming consoles

Gambling

The act of wagering on an event or a game of chance in which the outcome is uncertain. This includes card games such as poker or bets on sporting events. In U.S. tax, all gambling income, regardless of where or how it was obtained, is taxable income and must be reported to the IRS. Professional gamblers may deduct all gambling losses against gambling income, but casual gamblers may only do so up to the amount of their gambling income.
References in periodicals archive ?
Then there's the extended gaming community, which endlessly critiques, modifies, and debates the limits of games.
Cantor and Progressive originally signed a Game Content License Agreement in July 2006 for Cantor to license a select list of Progressive's gaming titles, including Texas Hold 'Em Bonus[R] poker and Caribbean[R] Stud poker, for use on Cantor's mobile gaming system in Nevada and other jurisdictions worldwide.
The report;Asia/Pacific Online Gaming Market: Understanding the User, contains forecasts for online gaming revenues for Asia/Pacific through 2010, with detailed analysis for key country markets like Japan, South Korea, and China.
Nintendo's WiFi Connection offers free roaming gaming
The developers at Epic Games have set a new standard for how believable and intense action gaming experiences can be.
The CPU-NXT2 motherboard allows casino operators to easily upgrade their existing Bluebird cabinets and peripherals to new levels of gaming excitement through the purchase of a CPU-NXT2 upgrade.
With the increasing success of resort-style tribal gaming properties and the ongoing regulatory issues that affect the industry, tribal gaming leaders are seeking innovative tools and solutions to help them remain competitive in the broader gaming landscape," said Frank J.
HyperScan[TM] is a first-of-its-kind hybrid game system featuring a breakthrough gaming platform that utilizes advanced technology to bring the best collector card games and video games together into one easy-to-use, highly customizable system.
U3 smart drives are perfect for families, students and gaming enthusiasts who like to take their games and entertainment with them," said Esther Kruijver, vice president of platform for U3.
AOL Games Expands Audience by Acquiring Some of the Best Gaming Content on the Web
com/reports/c38787) has announced the addition of "Indian Gaming Industry Report 2006-2007 Edition" to their offering.