Yeah, you cant hold Capeci responsible for what a NJ paper says.

And technically the numbers aren't inflated since it was the amount wagered with the operation over the course of the investigation. But I do agree that journalists should clarify the difference between that and the net profit.

For example, you have the $60 million gambling bust back in 2008 that involved 24 members, associates, or people otherwise connected to the Philadelphia family.

First, this $60 million was what the operation handled in wagers over a 20 month period. If you wanted to frame that within a year'since time you're looking at handling $36 million in bets. Net profit I've seen anywhere from 5-10% after payouts, expenses, uncollected debts, etc. So what is that? Somewhere between around $2 million and $3.5 million profit over a year. Now divide that among the two dozen guys involved in the ring with a good chunk going to the higher ups in the family.

They can and do make some good money but it's obviously a much different situation than what the average person who sees that $60 million figure must think.


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