Points are comparable to the broker commission or trading fee an investor pays. Competition can come from surprising places in the casino industry. Aging casinos can be blamed for some of the losses, but new casinos in Pennsylvania, Connecticut, and Washington, D. That’ll change soon, as Japan plans to open multiple gambling licenses to the industry. Related Terms Gambling Income Definition Gambling income refers to any money that is generated from games of chance or wagers on events with uncertain outcomes. Another key difference between investing and gambling: You have no way to limit your losses.