Crossword Genius

Gent's distribution, statistically speaking, of ill-gotten gains (4)

Ross

I believe the answer is:

loot

I'm a little stuck... Click here to teach me more about this clue!

'ill-gotten gains' is the definition.
(I've seen this before)

'gent's distribution statistically speaking of' is the wordplay.
I cannot quite see how this works, but
'of' could be 'o' and 'o' is located in the answer.
The remaining letters 'lot' is a valid word which might be clued in a way I don't understand.
This may be the basis of clue (or it may be nonsense).

Can you help me to learn more?

(Other definitions for loot that I've seen before include "Steal property (in war)" , "Plunder and ransack" , "Orton play; ill-gotten gains" , "Tool for plundering" , "Tool found among plunder" .)

I've seen this clue in the Irish Times (Crosaire) and the Irish Times.
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