{"ok":true,"canonical_url":"https://dealroom.so/glossary/gambling-operation","api_url":"https://dealroom.so/api/public/glossary/gambling-operation","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-operation","term":"Gambling Operation","group":"People and paperwork","definition":"Businesses primarily engaged in gambling are ineligible for SBA 7(a) loans. This is a strict rule to prevent federal funds from supporting certain industries.","what_it_means":"The SBA has a list of ineligible businesses, and gambling operations are explicitly on it. If the business you're looking at derives a significant portion of its revenue from gambling activities, it will not qualify for 7(a) financing. Verify the business's NAICS code and core operations carefully.","url":"https://dealroom.so/glossary/gambling-operation","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"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":"compliance","term":"Compliance","url":"https://dealroom.so/glossary/compliance"},{"slug":"business-acquisition-loan","term":"Business acquisition loan","url":"https://dealroom.so/glossary/business-acquisition-loan"}],"related_questions":[{"question":"What specific environmental review steps are triggered if the real estate has a dry cleaning operation?","url":"https://dealroom.so/sba-7a/questions/what-specific-environmental-review-steps-are-triggered-if-the-real-estate-has-a-dry-cleani"},{"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 I use an SBA 7(a) loan to acquire a business that is primarily an e-commerce operation with few physical assets?","url":"https://dealroom.so/sba-7a/questions/can-i-use-an-sba-7-a-loan-to-acquire-a-business-that-is-primarily-an-e-commerce-operation-"},{"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"}]},"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 Operation","url":"https://dealroom.so/glossary/gambling-operation","source_type":"DealRoom Data"}}