Section does not say whether it applies overseas. How the Mob Makes its Cash. Games Movies TV Wikis.how does gambling work in torchlight 2 WILLIAM HILL INTERIORS LTD WEST SUSSEX Courtesy of Liebert Publishing, Gambling Law Review. In , as part of the Organized Crime Control Act, Congress passed the Illegal Gambling Business Act. Whoever conducts, finances, manages, supervises, directs, or owns all or part of an illegal gambling business shall be fined under this title or imprisoned not. Across the US, billions are being made outside the law. Illegal gambling may conjure images of mobsters, bookies and threats of violence — and while that.