The mob’s gambling racket is about to sleep with the fishes.
The US Supreme Court’s sports-betting ruling dealt a losing hand to organized crime in the New York area, legal experts said Monday.
Gambling and loan-sharking have traditionally been the mob’s “bread and butter,” and the decision will “significantly reduce” its clientele, former federal prosecutor Thomas Seigel said.
“They will definitely lose a regular source of predictable income,” said Seigel, who ran the Organized Crime and Gangs Section of the Brooklyn US Attorney’ s Office.
Defense lawyer John Meringolo, who’s represented John “Junior” Gotti and reputed Philadelphia mob boss Joseph “Skinny Joey” Merlino, said legal sports betting “will have a detrimental effect on the mob and anyone who tries to make a living through this type of vice.”
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7 comments:
The mob's finding out the federal govt hates competition!
Gosh, what's left for a good Mafioso to do?
Why not lower Maryland tobacco taxes and wipe out the "smugglers"? Just another mobster and families could use that extra money to feed their kids instead of feeding a habit.
Awww. The Goomba's are not running numbers or whores or Unions they are not even moving drugs anymore. The Mexicans have that market. They have gone legit and make big deals like Trump with the Fed and hide their income and dodge taxes and default on every loan and incentive. Organised crime is now a Federal Institution . It always has been. The suites have just gotten better tailored and they all Tweet in English and don't have to whack anyone because no one cares it's " Business "
LMAO if you seriously think that this will cripple the so called "mob". There are still people that will post bets off the grid to avoid paying taxes and the daily numbers still have street money being bet. The people that benefit from the ruling are internet fantasy sites. Follow the money trail!
I wish they would already. Been saying it for 30 years yet nothing. Do it so we can rid the world of Iran.
Hey 451, what would lowering the MD taxes have to do with anything? Smugs are getting their cigs from VA/NC and heading north to NY/NJ/CONN, etc to make their $$$. Why? Taxes are mucho higher there.
DOLT!
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