Mafia Casino Skim
In another example among many from the film, an animated Kansas City mobster pops off in an Italian grocery about the Las Vegas skim while federal authorities listen to his profanity-laced rant through a bug planted in a vent. You see, that money is subject to Nevada State Gaming taxes, and the less money declared, the less the casino has to pay taxes, with the undeclared skim going to line the pockets of the mob. Other techniques used to skim were rigged scales; designed to weigh currency lighter than actually indicated so the casino could keep the remainder. In the 1995 movie Casino, the Mob’s control of skimming at Las Vegas casinos is exposed when authorities learn about it from a surveillance microphone in a Kansas City grocery store. That’s not exactly how it happened. In reality, the bug was planted at a dinner table with bench seats in a now-demolished Kansas City pizzeria, the Villa Capri. The Casino Skim This is a story about the Mafia in its heyday. If you have watched the movie Casino then you got a lesson in how the casino skim went down. This is about the real men behind the skim of the Stardust Casino.
Skimming refers to the illegal transfer of funds from casinos to outside personnel without official documentation. Skimmed money is usually transferred in cash to evade taxes and to fund organized crime anonymously. The quantities of money skimmed are usually small portions of the casino's total profit so as not to arouse suspicion from regulators or law enforcement.
'In May of 1963...the FBI turned over to the Justice Department a two-volume document called 'The Skimming Report,' which detailed the illegal siphoning off of gambling profits by Las Vegascasinos to avoid taxes.'[1] The report documented how pre-tax profits from casinos were being routed to various organized crime syndicates across the nation. No one could be prosecuted as the FBI obtained its information by illegally bugging casino money rooms. The money rooms are where the cash from the betting floor is counted and recorded on the casino's books.
Skimming by diverting pre-tax profits is just one of many possible methods. In casinos the patron is betting against the house, so the house has an incentive to fix the games (cards, roulette, slots, etc.). In pari-mutuels (horse and dogtrack, jai alai) the house instead gets a fixed percentage of the total amount bet, so is theoretically less likely to fix the games. However, pari-mutuels use sophisticated computer systems to handle customer bets and a major scandal involving Autotote, a major supplier of these systems, has been exposed.[2]
Mafia Casino Skim Milk
Other methods of skimming, such as arranging for particular employees[example needed] of organized crime to be allowed to win in rigged games, were sometimes[when?] used.[citation needed]
References[edit]
Mafia Casino Skimmer
- ^Victor Navasky, Kennedy Justice, (Lincoln: iUniverse.com, Inc., 2000), p 89.
- ^2002 Breeders' Cup betting scandal, 2002 Breeders' Cup betting scandal
- Pileggi, Nicholas (1995). Casino: Love and Honor in Las Vegas. Simon & Schuster. ISBN0-684-80832-3.