New York Mobster to Forfeit $4m as Part of Two-Decade Long Illegal Betting Business

  • Five mobsters pled guilty to racketeering, money laundering, and gambling charges
  • The alleged kingpin of the operation agreed to forfeit $4m in ill-gotten gains
  • The illegal bookmaking business was earning at least $1m in profit every year
Italian mobster
Five mobsters have pleaded guilty to running an illegal betting business that made over $1m in profits annually for two decades. [Image: Shutterstock.com]

Five mobsters and their associates have pleaded guilty to gambling, money laundering, and racketeering charges related to a highly profitable illegal bookmaking business in New York City.

Among the defendants is Anthony Villani, a Lucchese organized crime figure who agreed to forfeit $4m in ill-gotten gains and is facing two decades in prison. The 60-year-old was allegedly the kingpin of an online betting platform, named Rhino Sports, that had been in business since the early 2000s.

made at least $1m each year and accepted bets from up to 1,300 people weekly

Organized crime members acted as local bookies to collect bets and pay out winnings, mainly catering to people in Westchester and the Bronx. Villani’s co-defendants will forfeit about $1m between them. The operation made at least $1m each year and accepted bets from up to 1,300 people weekly.

US Attorney for the Eastern District of New York, John Durham, spoke about how these guilty pleas are a big win “for the rule of law over the pernicious activities of organized crime that undermine the safety of our communities.”

Illegal sports betting has long been a key revenue driver for the five Mafia families in New York, with the introduction of illegal online sports betting in the Empire State in January 2022 impacting these operations.

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