poker incorporated: not your typical tax post

[joseki]

I'm not sure if this is the best forum for this issue, but most of the tax-related posts found in a search were here, so...

I've heard of blackjack teams incorporating. I wonder if it is possible to set up a poker corp. Anybody have any experience with this?

Why would anyone care, you ask? I can think of a few reasons:

1. Filing taxes with significant poker winnings is a tricky business, and moving the tax liablity to a corporation seems like a good idea.

2. Players filing as professional gamblers pay something like 15% for self-employment tax. Much of that might be avoided by receiving a small salary from a corp and collecting the remainder as distributions.

3. "Small business owner" has a better ring to it than "gambler".

Anyway, just wondering if anyone else has put any thought into this.