Reuben Parsons
 | This article, Reuben Parsons, has recently been created via the Articles for creation process. Please check to see if the reviewer has accidentally left this template after accepting the draft and take appropriate action as necessary.
Reviewer tools: |
Reuben Parsons | |
|---|---|
| Born | |
| Nationality | American |
| Occupation(s) | Gambler, businessman |
| Known for | Underworld figure who controlled illegal gambling in New York during the early-to mid 19th century; first to establish illegal gambling and policy banks. |
Reuben Parsons (fl. 1840-1860) was an American gambler and underworld figure in New York during the early-to mid 19th century. He was the first man, along with partner John Frink, to establish illegal gambling and policy banks. Parsons was considered the top gambler, known as the "Great American Faro Banker", and held control over ilegal gambling in the city for more than two decades. His operations are considered the first major criminal organization, although neither centralized nor having a corporate-like structure, its system remaining in place for well over a century and surviving in various forms up until as late as the late 1980s.
Biography
A native of New England, Parsons originally arrived in New York City with the intention of starting his own business. He lost the small fortune he had brought with him, several thousand dollars, soon after his arrival. Impressed by how quickly he had lost his money, he instead decided to open his own gambling house and used his entrepenuerial skills to build a successful gambling empire by financing other gamblers. He also differed from typical gamblers by being "dressed plainly and was unassuming in manner". Parsons also refrained from publically appearing at his establishments, allowing John Frink to handle the day-to-day operations, and never gambled after his first experience. [1]
From 1840 until the 1860s, he and Frink controled around 350 gambling parlors in Manhattan [2] as well as employed a network of spies and informants. Their organization lacked any formal structure however, as least compared to the organized crime syndicates seen during the next century, and most operators retained independent control of their own establishments. Parsons used his income from gambling which he invested in real estate and was eventually able to retire. His operations were continued by Zachariah Simmons, supported by the Tweed Ring, who ran during the post-Civil War era. [3]
References
- ^ Asbury, Herbert. The Gangs of New York: An Informal History of the New York Underworld. New York: Alfred A. Knopf, 1928. (pg. 80) ISBN 1-56025-275-8
- ^ Hyde, Stephen and Geno Zanetti, ed. Players: Con Men, Hustlers, Gamblers and Scam Artists. New York: Thunder's Mouth Press, 2002. (pg. 117-118, 123) ISBN 1-56025-380-0
- ^ Schwartz, David G. Cutting the Wire: Gambling Prohibition and the Internet. Reno: University of Nevada Press, 2005. (pg. 22-23) ISBN 0-87417-620-4
Further reading
- Asbury, Herbert. Sucker's Progress: An Informal History of Gambling in America from the Colonies to Canfield. New York: Dodd, Mead & Company, 1938.
- Chafetz, Henry. Play the Devil: A History of Gambling in the United States from 1492 to 1955. New York: Potter Publishers, 1960.
- Cornell Law Project. The Development of the Law of Gambling: 1776-1976. Washington, DC: National Institute of Law Enforcement and Criminal Justice, 1977.