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NBA commissioner ‘deeply disturbed’ by gambling scandal
NBC News· 2025-10-25 23:40
Scandal Overview - NBA Commissioner Adam Silver expresses deep concern over gambling fraud charges, emphasizing the importance of integrity to the league and its fans [1][2] - More than 30 individuals face charges related to money laundering and wire fraud, including accusations of fixing high-stakes poker games with sophisticated technology [2] Individuals Involved - Former Cleveland Cavaliers guard Damon Jones and Hall of Fame Portland Trail Blazers head coach Chanty Bilips are implicated in the federal probe and were released on bond [3] - Miami Heat guard Terry Rosier is charged in an alleged criminal betting scheme involving the trading of insider information about NBA players and teams [3] League Response - Bips and Rosier are placed on immediate leave while the league investigates the incidents [4] - The NBA acknowledges the increased entanglement of professional sports with gambling and the need for mindfulness regarding appropriate conduct [4] External Scrutiny - Congress has issued a bipartisan letter requesting Adam Silver to brief them on the scandal next week [5]
X @The Wall Street Journal
Industry Risk & Regulation - Gambling industry has a history of attracting criminals [1] - Legalized addictive betting can lead to illegal activities [1] - There's a reason Congress initially tried to ban gambling [1] - The public may be rediscovering the reasons for the initial ban attempt [1]
X @Bloomberg
Bloomberg· 2025-10-24 21:10
Legal & Ethical Concerns - The NBA betting scandal involves accusations of former players conspiring with the Mafia to defraud gamblers in private poker games [1] - The scandal raises the question of whether cheating in an illegal game constitutes a crime [1]
X @The Wall Street Journal
An NBA coach and an active player are arrested in an FBI gambling investigation. A public routinely bombarded by betting advertising—and @jasongay—asks: What did anyone expect? https://t.co/1nKUFwh4Af ...
X @Forbes
Forbes· 2025-10-24 17:13
Gambling Scandal - The report highlights a bookie at the center of the Ohtani scandal, focusing on why athletes engage in gambling [1] Sports Industry - The sports industry is concerned about the potential risks and implications of athlete gambling scandals [1]
Former Gambino crime family member reacts to mafia and NBA scandal
NBC News· 2025-10-24 02:52
Organized Crime & Gambling - The mafia has been involved in gambling for the last 100 years [2] - Gambling is considered an "easy pinch" for the mob, carrying lighter sentences than violent crimes [3] - The mob has a history of involvement in sports, including fixing matches [4] - Advanced technology is now being utilized by the mob in their operations [7] Mafia Structure & Operations - Multiple mafia families get involved when a racket is large and involves a lot of money [8] - The involvement of four families indicates a "huge racket" [8] - The investigation likely originated in the Eastern District of New York [8]
Pablo Torre REACTS after bombshell gambling arrests: ‘The dark present of the NBA’
MSNBC· 2025-10-24 01:58
CRAFT. >> OVER THE LAST FEW YEARS, WITHOUT ANYONE EVER SORT OF COMING TOGETHER AND AGREEING, THIS IS HOW IT'S GOING TO BE. LEGALIZED GAMBLING HAS INFILTRATED EVERY CORNER OF AMERICAN SPORTS LIFE.IT'S ON EVERY BROADCAST, IN EVERY APP AND EVERY COMMERCIAL ON THE PHONES OF MILLIONS OF FANS. EVERYONE IS STREAMING AND BETTING, AND IT IS ONLY BEEN A MATTER OF TIME BEFORE SOMETHING BLEW UP. AND IT JUST DID.AT A THURSDAY PRESS CONFERENCE IN NEW YORK. FBI DIRECTOR KASH PATEL ANNOUNCED MORE THAN 30 ARRESTS IN WHAT HE ...
Former member of crime family explains Mafia's alleged involvement in gambling cases
NBC News· 2025-10-24 01:38
Mafia Activity & Scope - The involvement of multiple families indicates a large-scale operation, similar to past rackets involving gasoline, concrete, and energy-efficient windows [3] - Such multi-family involvement typically occurs when the operation involves multi-millions of dollars, making it too large for a single family to control [3] - The current case involving at least five families suggests a significant resurgence or expansion of mafia activity [1] Technological Adaptation - The mafia adapts to modern technology, employing tech-savvy individuals to execute their schemes [2][3] - Advanced technology is utilized in scams, moving beyond traditional methods like card scams with holes in the ceiling [2] Operational Structure - The individuals directly involved in executing the schemes are often not high-ranking members but rather technology experts hired for their skills [2][3] - The scope of the operation is substantial, as evidenced by the involvement of four families [3][4]
X @BBC News (World)
BBC News (World)· 2025-10-23 23:44
'The mafia ain't what it used to be' - FBI's gambling case highlights mob's evolution https://t.co/pOV6p7BckV ...
Inside the federal gambling case that ensnared Miami Heat guard Terry Rozier
NBC News· 2025-10-23 23:32
So, here's what the New York City police commissioner is is alleging when it comes to Terry Rosier. That he let others close to him know that he planned to leave the game early with a supposed injury. And thanks to that information, this is all alleged, members of the scheme placed more than $200,000 on his under statistics, which generated tens of thousands of dollars in profits that were delivered to Rosier at his home.For folks that don't necessarily know, how can someone actually make money off of, for ...