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Sports Betting Requires Regulation, Affirms New Jersey Attorney General after Mafia Arrests

New Jersey's Attorney General John J. Hoffman advocates for sport betting regulation to counteract the Mob's influence, after a New Jersey Mafia arrest.

SymClub
May 31, 2024
3 min read
Newscasino
Acting New Jersey Attorney General John J. Hoffman says the Genovese Mafia ring was bringing in...
Acting New Jersey Attorney General John J. Hoffman says the Genovese Mafia ring was bringing in $1.7 million per year from illegal sports betting ops.

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Sports Betting Requires Regulation, Affirms New Jersey Attorney General after Mafia Arrests

A recent bust of a New Jersey-based mafia operation reinforces the need for legalizing sports betting in the state, as stated by New Jersey's Acting Attorney General, John J. Hoffman. In a press conference in Newark, Hoffman emphasized the importance of removing sports betting from its "shady" origins.

The arrests of several members of the notorious Genovese crime family for running a sports betting and loan-sharking operation showcases the benefits of bringing this activity into the light. Hoffman had previously advocated for moving sports betting out of the underground market, where criminal organizations thrive. He pointed out that this is where the problem exists.

The state's former Governor, Brendan Byrne, who signed casino gambling into law in New Jersey, shared similar sentiments that the implementation of strict gambling regulations would help combat the influence of the New Jersey Mob. When legalizing casinos in the state, Byrne warned the Mafia to steer clear of Atlantic City.

Millions for the Mafia

Governor Chris Christie recently signed a bill that would allow sports betting at casinos and racetracks in New Jersey. Currently, four US states - Nevada, Delaware, Montana, and Oregon - are the only ones that legally operate sports betting. The Protection and Amateur Sports Protection Act of 1992 (PASPA) classifies sports betting as a criminal offense in the rest of the country. Christie's move attempts to lift this ban, essentially decriminalizing sports betting within New Jersey. State officials see this as an opportunity to boost New Jersey's ailing economy.

The mafia's operation, headed by Vincent Coppola, son of convicted Genovese capo Michael "Mikey Cigars" Coppola, brought in up to $1.7 million annually from sports betting activities. According to New York Harbor Waterfront Commissioner Michael Murphy, those suspected of involvement in the ring were arrested, while Coppola, who continues to evade capture, ran a wire room in Costa Rica to manage gambling transactions. Coppola's men in New Jersey were responsible for screening potential clients and collecting gambling debts.

The Prohibition Argument

According to Murphy, when the mafia takes over and profits from illegal gambling, exactly where does the money go? "It doesn't go to property tax relief, it doesn't go to senior citizens, and Medicare or prescription programs. It goes to money laundering, it goes to the importation of heroin," he explained, emphasizing the harmful effects of this illegal activity on society.

Murphy compared the current sports betting prohibition to the era of prohibition when the Mafia flourished due to the prohibition of alcohol. “People drink and people gamble,” he said. “Some of the families that are still engaged in organized crime today, several generations ago enjoyed enormous profits during a time when drinking was illegal.”

Despite these arguments, not all New Jersey residents support the proposed change. A recent poll shows that 44% of residents back legalization, while 31% believe it won't make a difference. Conversely, 17% actively oppose legalizing sports betting.

Legality can be an effective solution for preventing criminals from profiting. Prohibition only pushes illegal activities into the shadows, making them easier to exploit for personal gain. As the war on drugs has shown, prohibition doesn't effectively eliminate drug use. Instead, it creates a profitable black market that organized crime can exploit for their own profit at society's expense. Legalization and regulation allow the government to collect taxes, control the quality and potentially reduce the harmful side effects of the activity while depriving organized crime of their revenue stream.

By legalizing sports betting and taking it out of the hands of ruthless criminal organizations like the Mafia, New Jersey has a real chance to protect its citizens and improve its economy. The harsh reality of organized crime is something that must be faced and dealt with, but it cannot be allowed to control our lives or purse strings. Prohibition does nothing but line the pockets of criminals and contribute to the destruction of communities. Instead, we should be striving for a transparent, accountable system that does the opposite.

Legalization moves this activity out of the shadows and into the light, where it can be monitored, taxed, and regulated to maximize its benefits while minimizing its risks. This is a positive step in the right direction if we want to live in a state free from the harmful influence of organized crime and its illegal activities.

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