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Organized Crime: The Illicit Bookmaking Racket (9/27/24)
27 de sep. de 2024 ·
13m 51s
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Descripción
Illegal bookmaking operates in the shadows, offering bettors credit, anonymity, and better odds than legal sportsbooks, but at the risk of brutal enforcement by organized crime when debts go unpaid....
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Illegal bookmaking operates in the shadows, offering bettors credit, anonymity, and better odds than legal sportsbooks, but at the risk of brutal enforcement by organized crime when debts go unpaid. Despite the rise of legalized sports betting, underground bookies remain popular due to the personal relationships they build with clients and the lure of untaxed, unregulated profits. As the industry evolves, many operations have moved online, using offshore servers and cryptocurrencies to avoid detection. High-profile busts, like the 2024 international sting that dismantled a massive betting ring, show that law enforcement continues to fight this illegal trade, but its adaptability ensures its survival.
(commercial at 9:46)
to contact me:
bobbycapucci@protonmail.com
Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
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(commercial at 9:46)
to contact me:
bobbycapucci@protonmail.com
Become a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.
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