{"ok":true,"canonical_url":"https://dealroom.so/glossary/gambling-business","api_url":"https://dealroom.so/api/public/glossary/gambling-business","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"gambling-business","term":"Gambling business","group":"The loan itself","definition":"Businesses primarily engaged in gambling activities are ineligible for SBA loans. This includes casinos, racetracks, and businesses deriving more than one-third of their gross annual revenue from gambling.","what_it_means":"If the business you're buying has any gambling component, you need to determine if it crosses the SBA's eligibility threshold. Lenders will check the NAICS code and financial statements to ensure the business is not primarily engaged in ineligible activities. Don't waste time on an ineligible business.","url":"https://dealroom.so/glossary/gambling-business","official_sources":[{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"ineligible-businesses-rule","term":"Ineligible businesses rule","url":"https://dealroom.so/glossary/ineligible-businesses-rule"},{"slug":"naics-code","term":"NAICS code","url":"https://dealroom.so/glossary/naics-code"},{"slug":"speculative-investment","term":"Speculative investment","url":"https://dealroom.so/glossary/speculative-investment"},{"slug":"religious-organization","term":"Religious organization","url":"https://dealroom.so/glossary/religious-organization"}],"related_questions":[{"question":"Can my business qualify if it engages in gambling or adult entertainment?","url":"https://dealroom.so/sba-loans/basics/can-my-business-qualify-if-it-engages-in-gambling-or-adult-entertainment"},{"question":"Will acquiring a business in a restricted industry (e.g., gambling, passive investing) kill approval?","url":"https://dealroom.so/sba-7a/questions/will-acquiring-a-business-in-a-restricted-industry-e-g-gambling-passive-investing-kill-app"},{"question":"Can a business that generates income from gambling, like a casino, get an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/can-a-business-that-generates-income-from-gambling-like-a-casino-get-an-sba-7-a-loan"},{"question":"Are there specific business types that are generally ineligible for an SBA 7(a) loan, like gambling or speculative ventures?","url":"https://dealroom.so/sba-7a/questions/are-there-specific-business-types-that-are-generally-ineligible-for-an-sba-7-a-loan-like-g"},{"question":"Can a 7(a) loan finance the acquisition of a business whose primary revenue is derived from adult entertainment or gambling activities?","url":"https://dealroom.so/for-lenders/questions/can-a-7-a-loan-finance-the-acquisition-of-a-business-whose-primary-revenue-is-derived-from"},{"question":"How does the SBA evaluate the eligibility of a business operating primarily in a regulated industry, such as cannabis or gambling, for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-evaluate-the-eligibility-of-a-business-operating-primarily-in-a-regulated"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Gambling business","url":"https://dealroom.so/glossary/gambling-business","source_type":"DealRoom Data"}}