Gambling Enterprise Law and Legal Definition

A business that promotes gambling is known as gambling enterprise. The gambling enterprise promotes a variety of games of chance.

The following is an example of a State Statute (Alaska) defining Gambling Enterprise:

According to Alaska Stat. § 11.66.280 (4) if five or more persons join together to conduct, finance, manage, supervise, direct, or own all or part of the business which has been or remains in substantially continuous operation for a period in excess of 30 days or has a gross income of $2,000 or more in any single day; and which is not a municipality or a qualified organization then it can be called a Gambling enterprise.