Originally Posted By: GerryLang

There is no doubt that gambling still exist, and it is a big money maker, I just don't think it nearly as big as it used to be.


In many ways, yes.

The numbers racket was largely swallowed up by the legal state lotto. The mob is still involved in it but to a much lesser degree.

The old backroom casinos have become largely passe, since you have Atlantic City, Indian casinos, etc. Now the mob is basically left with running high-stakes card games.

There are still video poker machines, though I'm not sure they are the business they once were. Let alone compared to the old illegal slot machines a half century ago.

The one exception is sports betting. That's bigger than ever and one area where the mob has been able to retain a large amount of control. And the invention of the internet has only helped them in that respect.

In a lot of ways, for the remaining mob families both individually and collectively, sports betting is their bread and butter.


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