Updated

A South Florida jury has convicted reputed mobster Anthony "Big Tony" Moscatiello of first-degree murder in the 2001 slaying of a prominent businessman during a power struggle over a lucrative fleet of gambling ships.

The jury verdict Wednesday found the 77-year-old Moscatiello also guilty of murder conspiracy in the shooting death of Konstantinos "Gus" Boulis, founder of SunCruz Casinos and Miami Subs restaurants. Boulis was killed by a mob hit man. Moscatiello now faces a possible death sentence.

A mistrial was declared for Moscatiello in 2013, but Anthony "Little Tony" Ferrari was convicted and sentenced to life in prison.

Prosecutors said Moscatiello is a member of New York's Gambino crime family who ordered Boulis killed. Moscatiello did not testify in his own defense, but his lawyers insisted Ferrari and others were to blame.