J$2b illegal jackpot
Cash-rich criminals buying guns, ammo
ILLEGAL CASH pot operators are creaming off what the authorities believe amount to at least J$2 billion per year from the gaming industry. Although this continues to put a dent in the operations of Supreme Ventures, the licensed franchise operator, it is how the money is being spent that has stakeholders and the police concerned.
It is a sure source of funding for many of the gangs around the country, who are using it to purchase weapons to fortify their empires, they say.
“Illegal gambling is prevalent across Jamaica,” the Betting, Gaming and Lotteries Commission (BGLC), the statutory body with responsibility for licensing, regulating and monitoring the local gambling/gaming industry, told The Gleaner in an email response to our questions. In fact, the BGLC said that the signing of a memorandum
of understanding with Crime Stop in September 2016 was intended to crack down on the plethora of illegal cash pot operators who had been draining Supreme Ventures’ profits.
Although it is known that the impact is significant, it is believed that the illegal activity is at least $2 billion annually.
“Unfortunately, there is not much data to support any discussion around the illegal market, the size or anything that relates to that. The last report I heard is that this is a J$2-billion-per-annum illegal market, and that was in 2014 and there have been two major arrests made by the BLGC,” Tashai Hutton, vice-president of customer support and regulatory compliance at Supreme Ventures, disclosed.
While the significant loss of earnings by Supreme Ventures and tax revenue to the Government’s coffers means big business for the criminals operating them, for Prudence Gentles, manager of Crime Stop Jamaica, and the police, it is their spend from these illgotten gains that is the real cause for concern.
FUNDING GANGS
“The money from illegal cash pot is what is helping to fund gangs. Illegal cash pot, illicit drugs, illicit cigarettes, illicit goods all go to funding gangs, because drugs have become a little bit more difficult to deal with because people don’t think that illicit cigarettes or goods and such stuff is as bad as drugs, but they are. It is still organised crime, and the revenue from it goes to fund these gangs,” she told The Gleaner.
In endorsing this information, Assistant Commissioner of Police (ACP) Clifford Chambers painted a damning picture of the multiplier effect of revenue earned from what some people see as harmless activity – simply buying a bet.
He explained: “The operators in these areas use the revenue that they gain from these activities to fund whatsoever they do with regards to the continuity of their illegal activities – purchasing of arms, purchasing of ammunition and somehow fortify their personnel and their arsenal. The other thing, too, is that a lot of these locations, they have a lot of youth – persons between 15 and 25, which is the cohort where you get the largest foot soldiers recruited from. They are both victims and they are also the perpetrators.”