Assertion: gambler | /r/HasProperty | engaged in business
Facets:
value: full time
type: DEGREE
Source sentences:
text: 3 See, e.g., Gajewski v. Comr., 723 F.2d 1062 (2d Cir. 1984), in which a gambler unsuccessfully argued that he was engaged full time in the trade or business of gambling.
text: A subsequent Supreme Court decision, Groetzinger v. Comr., 480 U.S. 23 (1987), held that a gambler could be engaged in the trade or business of gambling, which presumably opens the possibility of deducting under §162, if the taxpayer can prove that he is engaged in the trade or business of gambling.