Re: Online Balances-- Asset?
This isn't an expert legal opinion, but I strongly suspect you'd be expected to treat the money on account as an asset. I don't think one could reasonably describe money sitting in an account (or converted into chips redeemable for money) as having been wagered. Assuming the casino/poker room is reputable, the account or chip value is more or less equivalent to having a pile of cash with a clearly quantifiable value.
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