Wiktionary (2.00 / 1 vote) Rate this definition: profit (Noun) Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price. profit (Noun) Benefit, positive result obtained.
Romans definitely gambled on Gladiators. They loved to watch people battle it out to the death. One of the roots of law is in Ancient Rome. 2  Ancient Roman Law, though not the first law, did havâ¦. 3  Ancient Roman Clothing Ancient Roman clothing was originally made from wool that was homespun. 4  Over time, garments were made with linen, cotton, and even silk.
Uncle Sam relies on honesty and big winnings reported on 1099-MISC forms to collect taxes from fantasy sports winners. Lots of states have gambled on casinos as a way to raise revenue needed to help balance budgets and pay for new projects. For years, that's been a good bet. The latest data from the American Gaming Association shows that casinos paid $8.6 billion in taxes to states and local communities in 2012.