Interesting tax decision for those residing in states...

[oldbookguy]

Thank you for weighing in on this.

As I see it, from a businessman stand point, state laws are more the root of the problem than any. To be a professional anything, states issue a business licenses; I.E. - Accountant, Lawyer....

Most all states have laws against being in the business of betting / wagering, though they allow you tom do the activity (48 have some form of gambling).

The lack of issuing individuals a 'license' to be in the professional gaming / wagering business in many ways adds to the IRS position.

obg