CRIM 412 Lecture Notes - Lecture 10: Loan Shark, Vigorish, Online Gambling
30 Jan 2020
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Document Summary
Although illegal in the united states on-line gambling is permitted to operate in a number of countries. Internet gaming generates approximately billion a year. Some sites are located in canada on reserve land. May be run under the control of organized crime using the front of a legitimate charitable or religious. May organize card or dice games for a cut of the profits. Bingo is legal in 46 states and all through canada: may be a front for organized crime or merely be connected through licensure . Vlts: a staple in many bars and restaurants in canada and the united states. Financial transactions at usurious or exorbitant rates of interest, usually without collateral and with the fear of physical force to guarantee payment. Many loan sharks supply loans to other criminals. Gamblers may also borrow from a loan shark at a casino.
