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Word: illicited (lookup in dictionary) (lookup stats)
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...gambling seems to have had little impact on the multimillion-dollar illegal numbers racket, even though New Jersey, Maryland, Massachusetts and Rhode Island have introduced their own numbers games to compete with the illegals. The most successful of these, run by Maryland, has closely patterned its game after the illicit version. Players choose a three-digit number and can bet on it daily in multiples of 500; the payoff is 500 to 1 in cash, up to $600. It is a more honest game than the numbers rackets. Winners are always paid, which is not always the case...

Author: /time Magazine | Title: Modern Living: GAMBLING GOES LEGIT | 12/6/1976 | See Source »

...current euphoria among those who are introducing legalized gambling and those who are welcoming it, it is already clear that in its present forms it can be no panacea for states' and cities' budgetary woes, and it poses little threat to illicit gambling. Yet in one sense, legalizing gambling is a healthy recognition of reality, one of society's periodic and necessary adjustments of its laws to changing mores and unchanging human nature. Almost by definition, such evolutions solve some problems and create others. It is far too early to wager on whether the U.S. will win or lose...

Author: /time Magazine | Title: Modern Living: GAMBLING GOES LEGIT | 12/6/1976 | See Source »

...barracks, and to be seen painting would have provoked endless ridicule. One night Rauschenberg locked himself in the latrine with a scrap of cardboard on his knee and secretly made his first daub, a portrait of a Navy buddy. Thirty years later, he still thinks of that illicit first night as exemplary. "There always ought to be an element of secrecy, of criminality, about making art," he says. "But if you're successful, it's hard to maintain. We all get comfortable in the end. That's what happens to rascals...

Author: /time Magazine | Title: The Most Living Artist | 11/29/1976 | See Source »

...actions on the risk he is willing to take. Not surprisingly, his belief in the rational criminal leads Wilson to the idea of raising the cost relative to the benefit. When the criminal sees that an illegal act is too risky, Wilson reasons, he will restrain from the illicit activity...

Author: By Mike Kendall, | Title: Wilson's New Freedom | 11/23/1976 | See Source »

Small operators, although still numerous, are being muscled out of the buttlegging business by organized crime. Police say all five of New York's Mafia families have moved heavily into the business, and that their profits from the illicit trade now approach $100 million a year...

Author: /time Magazine | Title: CRIME: Tobacco Road | 10/4/1976 | See Source »

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