Traditional organized-crime rackets like betting and construction are bleeding the New York mafia dry. But in Italy, the mobs are stronger than ever.
ROME—The New York mafia is taking a hit from the novel coronavirus pandemic after many of its money-making outlets have been shuttered.
Gambling halls, sporting events, and construction projects have long fed the Empire State gangs, but now that they are taking an “historic” blow, a law-enforcement source told the New York Post. “There’s never been a time when they weren’t making money through gambling,” the source said.
The American mafia families are also losing out on the extortion racket after restaurants and other entities close their doors under New York City’s “shelter in place” order. A halt to non-essential construction jobs, which includes transportation and port entry, has also put a dent in the U.S. mob’s profits.