Judging by all the evidence available to us the new anti gambling and racketeering laws have had an immediate and continuing effect in curtailing gambling profits. Not long after they were passed the operator of the major sports betting information wire service shut down, saying, "Too old to go to jail." Most of the other race wire services also have shut down and we are moving against the rest.
While there are no reliable statistics on the amount of illegal gambling in the United States, we do know that betting on football last fall dropped off sharply from 1960. And we know from a number of specific cases that there has been a drastic drop in the amount of money handled by individual large scale gamblers.
For example, we recently indicted the operator of a million dollar sport betting operation in a large eastern state on charges of violating the new laws. Our evidence shows that in April of 1960 he handled $110,000 in wagers. In April 1961 the total was $142,000. This year, following passage of the new anti gambling laws, the total was $39,000.
So we have been able to make significant progress in the fight against organized crime. But it is essential that we make further progress. In my opinion, we need the additional anti racket legislation we have recommended to Congress. We need a complete awareness by all people of the serious threat posed by illegal gambling and other forms of organized crime.