Question

can gambling considered as business activity - explain​

Answer 1

Answer:

Groetzinger, 480 U.S. 23 (1987), the Supreme Court concluded that “if one's gambling activity is pursued full time, in good faith, and with regularity, to the production of income for a livelihood, and is not a mere hobby, it is a trade or business.” Courts have considered the following factors in assessing whether a .