Word: profitable
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Dates: during 1960-1969
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...place that bootleg liquor held during Prohibition. No one can more than guess how much money is bet illegally in the U.S. each year, but a conservative estimate is that about $20 billion is put down on horse racing, lotteries and sports events. Perhaps a third is pure profit for LCN and its affiliates...
...bookmaker, who usually employs several solicitors, is a man of substance. When FBI agents seized Gil Beckley, the king of layoff men (a banker to smaller bookies), in Miami in January 1966, his records showed that on that day alone he had handled $250,000 in bets, for a profit, by his own reckoning, of $129,000. He is now appealing a ten-year prison sentence in the case...
...will be a strong growth in what Chairman Ammidon calls "the managing of money so that its owners will be free to turn their full attention to their own businesses." Not only will troubled markets and tighter tax laws make it harder for the amateur investor to turn a profit, but many of the new millionaires -or the merely affluent-will find that they do not have the time even...
...Arndt's allowance? Naturally, the combine would have to do so, insisted Günther Vogelsang, the chairman of the executive board of the Krupp empire, who has brought the company back from the brink of bankruptcy in 1967 to the point where it now expects a profit this year. But others rebelled, notably the powerful German miners' union. The miners figured out that for every ton of coal they dig out of the ground, Arndt collects...
...Coop must pay back to its members all profits after taxes and operating expenses. Of the $870,000 profit last year, the Coop paid its members $700,000 or approximately 80 per cent...