How much do you think Organized Crime will lose out on gambling and loansharking because of this new law?

I think it will hurt them pretty bad. Especially if Pennsylvania and New York follow suit.

New Jersey's legalization hurts bookmakers in both NYC and Phily. Jersey's but a short drive for both.

And you better believe they're going to have books just off the freeway from NY or Phily, right on the state's borders, to serve the cities.

the more i think about it. degenerates dont want to pay taxes. you hit over 600 hundred keno, scratch tickets ect. in most states on lottery they take a piece. what it you hit a parlay for a few grand you want the state tacking 20 percent. and what if bookies have way better odds and the state trys to have there own lines? could be a shit show. but the feds will crack down heavy on bookies in nj for tax evasion and shit thats what there doing to big weed dealers in mass now since a jury will have sympathy to a weed dealer lets hit them with money luandering, tax evasion, mail fraud ect. these are all federal laws to fuck you and take your house and cars.

i wanna see who in mass. will get appointed to the new legalized sports betting commission it will be great great grandkids of the guys who signed the declaration of independence. 150k a yr for life like the weed commission members its nuts non of them ever smoked weed

That, and I don't think legal sports books offer credit, so that's another advantage the regular bookmakers have. And I think you will have to go to the racetrack or casino to place the legal bets, not over the phone.

Possibly a 10 % - 15 % loss at most .

youll be seeing huge sweeps in new jersey on evry bookie, so bacially every mafia crew in nj will be losing a few friends to get the point across theres a new game in town.

gotta to make a few examples

I am taking the opposite end of the spectrum. I think legalized gambling will be a boon for Cosa Nostra. Tax free winnings, better odds, more secretive, instant pay offs and of course you know what goes hand in hand, loansharking aka a "friendly loan" at "reasonable" rates by your mafioso friend.


Degens are going to degen. The mafia will still make $$$$$s from gambling. He

Whack / Pmac definitely possible but they will prevail as log as there are tight neighborhoods it will never go away.

Bookies in Jersey are concerned that now the state is going to put heat on them to eliminate some competition, that's what I've heard multiple times from multiple guys here in Jersey.

I don't understand why you Americans don't just legalise sports betting across the entire country.

It's massive industry over here in Ireland and the UK. We have multiple betting chains operating in every town, city village. Gambling is almost part of the culture as horse and greyhound racing are hugely popular.

It's all regulated and taxed. Big earner for the State each year.

Well it just was legalized federally. Now each state has the choice of legalizing it.

Automatic Dante they will just have to think and get people where they already should have people like we did .

Goes anyone think it will create more gamblers and backfire. It also gives illegal bookies a place to look for new customers, plus lay off bets.