Gambling Revenue

Discussions on the economic history of the nations taking part in WW2, from the recovery after the depression until the economy at war.
Globalization41
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Joined: 13 Mar 2002 02:52
Location: California

Gambling Revenue

Post by Globalization41 » 30 Oct 2020 12:02


Globalization41
Member
Posts: 1217
Joined: 13 Mar 2002 02:52
Location: California

Las Vegas

Post by Globalization41 » 05 Nov 2020 18:38

2/16/1943, Gambling City of Las Vegas Becomes Boom Town; Avalanche of Money Pouring InMap, Las Vegas, Google

If one plays and loses $5,000 in a night at the cassino in Las Vegas, their "coin in" and "coin out" totals might be $45,000 "out" and $50,000 "in".  Technically, one's loss was $5,000. One's income for the night would be $0.00. Or should one declare a gambling income of $45,000.

Globalization41.


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