US EditionSports Betting Is a Booming Business. The FBI’s NBA Probe Is Putting It in the Spotlight
More than 30 individuals, including NBA figures, were indicted for exploiting private player data in illegal sports betting amid a $10 billion U.S. market, officials said.
- FBI announced Thursday that it unsealed an indictment charging more than 30 people, including Miami Heat point guard Terry Rozier and Portland Trail Blazers coach Chauncey Billups, with illegal sports betting and conspiracy.
- Investigators pointed to a March 23, 2023 game involving Rozier, who played nine minutes, 36 seconds, with social media reacting to suspicious prop bets on his stats.
- Betting is now permitted in 38 states and Washington, D.C., with online platforms like DraftKings and FanDuel driving growth and Sportradar supplying official NBA data.
- Rozier's lawyer Jim Trusty said his client is `not a gambler` and `looks forward to winning this fight`, while Billups' attorney Chris Heywood denied the claims Thursday evening, calling his client a `man of integrity`.
- Regulators say that regulating sports wagering is difficult as each state sets unique rules, while young men in low-income communities face disproportionate financial harms and Ohio Gov. Mike DeWine urged a ban on prop bets earlier this year.
21 Articles
21 Articles
A solemn Shaquille O’Neal spoke about the sports betting scandal in the NBA, saying he was ashamed of the basketball stars named among the 34 people detained by the FBI.
X-Ray Table, Rigged Machines, ‘Fish’: What to Know About the FBI’s Sports Betting Probe - The Thinking Conservative News
Thirty-four people, including an NBA coach and player, were arrested and charged in connection with two extensive illegal schemes. The post X-Ray Table, Rigged Machines, ‘Fish’: What to Know About the FBI’s Sports Betting Probe appeared first on The Thinking Conservative News.
San Diego Union Tribune
Sports betting is a booming business. The FBI’s NBA probe is putting it in the spotlight
By WYATTE GRANTHAM-PHILIPS, Associated Press NEW YORK (AP) — The stunning indictment that led to the arrest of more than 30 people, including Miami Heat guard Terry Rozier and other NBA figures, on charges of illegal sports betting has drawn new scrutiny of the booming business of professional sports gambling across the U.S. Since widespread legalization, the multibillion-dollar industry has made it easy to place wagers on everything from the ou…
Sports betting is in the spotlight again as the FBI investigates the NBA
The stunning indictment that led to the arrest of more than 30 people, including Miami Heat guard Terry Rozier and other NBA figures, on charges of illegal sports betting has drawn new scrutiny of the booming business of professional sports gambling across the U.S.Since widespread legalization, the multibillion-dollar industry has made it easy to place wagers on everything from the outcome of games to that of a single play with just a few taps o…
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