CASINO HISTORY How Al Capone established a gambling underworld in Chicago 1 year ago Szarlot Post Views: 625 One thing Chicagoans consistently crave is satisfaction of their fascination with gambling, notes Joseph Epstein, a retired Northwestern University professor and student of local mores. So, as dice start to roll legally in the Windy City, we’re look we’re looking back at the city’s underworld history. The Chicago Tribune’s archives are replete with accounts of the illicit gambling and casinos over the decades when Al Capone and Chicago were synonymous the world over. Entrepreneurial hoods saw the potential windfall from running gambling operations. Dividing the loot often led to violence. Al Capone was part of numerous New York street gangs as a teenager, but his true ascent came when mobster Johnny Torrio invited him to work for James “Big Jim” Colosimo in Chicago in 1919. As a bouncer at a Colosimo bordello, Capone “sampled” some of the prostitutes and contracted syphilis. Left untreated, the disease would affect both his finances and his judgment later on in life. But in 1925, he was hyper-focused on building an empire. He was 26 when Torrio resigned and handed him the reigns of the Outfit. Profits skyrocketed. For instance, the Hawthorne Smoke Shop sold tobacco, but it was also a casino-style gambling operation. In 1924, the books showed a net income of $300,000 — around $3.6 million by today’s standards. Meanwhile, the Harlem Inn brothel made $230,000 annually (or about $2.7 million). “I violate the Prohibition law — sure. Who doesn’t?…There’s only one thing worse than a crook, I think, and that is a crooked man in a big political job, a man who pretends he is enforcing the law and is really making dough out of breaking it. Even a self-respecting hoodlum hasn’t any use for that kind of fella.” — Al Capone To be clear, Capone operated gambling halls and brothels like these all over town. With his areas of business entirely illegal, they were all cash-based, and thus only reported legally acquired income, such as tobacco sales. Capone, for one, inherited criminal enterprises in Chicago and then established a dynasty of casinos. Besides muscle and money, Capone used his talent for public relations to deflect attacks on his brazen disregard for the law. “I give the public whwhat the public wants,” – he once told a reporter. Based by theparadise.ng About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: Al Capone, Chicago, illegal gambling, mafia Continue Reading Previous Unbelievable facts about casinos and gamblingNext Pragmatic Play expands Live Casino portfolio with Lucky 6 Roulette More Stories CASINO WORLD NEWS What Useful Insights Can You Gain from Top Online Casino Game Providers’ Websites? 4 weeks ago Samuel CASINO KENYA The Poker players of Nigeria – Muyiwa Adetiba 1 month ago Samuel CASINO WORLD NEWS The impact of the casino industry in the USA for African investors 1 month ago Samuel CASINO KONGO EGT and Gaming IQ to provide high-quality gaming experience to players in Congo 1 month ago Iwo Bulski CASINO WORLD NEWS NOVOMATIC Presents New Gaming Highlights at the BEGE 2 months ago Iwo Bulski CASINO WORLD NEWS Macau government forecasts industry GGR to hit US$30 billion in 2025 2 months ago Szarlot CASINO WORLD NEWS Exploring top travel destinations for gamblers: Where to play and what to see 2 months ago Samuel CASINO WORLD NEWS SCCG Management partners with Slot Machines Unlimited 2 months ago Samuel CASINO SOUTH AFRICA Sun International’s proposed acquisition of Peermont should be denied, commission recommends 3 months ago Samuel CASINO SOUTH AFRICA South Africa’s R32 billion ‘casino’ that is only getting bigger 3 months ago Samuel HISTORY WORLD NEWS How is the gambling landscape evolving in the UK? 3 months ago Iwo Bulski CASINO SOUTH AFRICA Online betting market explodes to twice the size of casinos 3 months ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.