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Gaming NewsCourt rules casino wagering not tax deductible8 February 2012TORONTO, Ontario -- A court ruled yesterday that casino losses cannot be written off as a tax deduction, QMI reported. The case concerned a casino high roller who claimed gambling was his full time job and therefore his wagering was a legitimate business expense, the report explained. The gambler Guiseppe Tarascio plans to continue his fight in the courts, according to QMI. |