[Music] And now what on that gambling scandal that's rocked the NBA, Congress wants answers from NBA Commissioner Adam Silver. The House Commerce Committee has asked for a briefing from Silver by this Friday. They say that the arrest uh of both Portland coach Chanty Bilips and Miami player Terry Rosier have raised serious concerns about uh sports betting and the integrity uh of sport in the NBA.Uh the NBA had no media comment about that uh request uh from Congress. >> Coming up, five things to know ahead of ...

Industry Trends & Technological Advancements - The sports industry is experiencing a trend of technology changing the way fans consume sports [2] - Companies are using advanced technology to immerse fans in the experience of being at a live sporting event [1] - New technologies like Sony's Hawkeye Instant Replay are changing the game itself and the viewer experience [4] - POV cams are being used to put viewers right on the field with players [3] Company Focus & Offerings - KASM aims to bring the game to fans and immerse them in the experience of being there [1] - KASM has conducted over 400 live sporting events in the last year [2] - Mindfly is bringing POV cams to the players of the United Football League [3] Market Perspective - The immersive tech is considered "the best way to watch a sport ever" by some fans [4] - The experience aims to provide a great alternative for fans who cannot attend the game in person [6] - The industry acknowledges that the energy of a live sporting event cannot be replaced [5]

Reports from 60 Minutes' archives about sports betting and gambling. #news #sports #gaming 0:00 Intro 0:11 Tim Donaghy (Part 1) - 2009 13:16 Tim Donaghy (Part 2) - 2009 23:04 The Mismatch - 2024 36:16 It's a gamble - 1986 50:29 Odds Are - 1993 1:02:57 Betcha - 1997 1:15:49 Any Given Sunday - 2001 1:28:45 Illegal and Thriving - 2006 1:40:59 The Big Gamble - 2011 1:53:45 All Bets are on - 2019 2:06:49 Andy Rooney on gambling - 2010 "60 Minutes" is the most successful television broadcast in history. Offering ...

The NBA is too entangled with gambling to completely walk away, but it’s not powerless, writes @AdamMinter. There are real steps the league can take to limit betting’s grip on the game (via @opinion) https://t.co/bQjaaPmQZ5 ...

Ownership Changes & Investment - The Lakers were valued at $10 billion, despite not owning their building, network, WNBA team, or hockey team [1] - Private equity and sovereign wealth funds are entering the sports business, providing liquidity for partners [1] - NBA owners meeting highlighted significant ownership changes, including potential changes for the Celtics and Lakers [2] - Private equity's involvement brings an expectation of operating like a real business, with a focus on eventual exit strategies [2]

"Sports taught me discipline, but tech taught me scale."NBA champion turned founder @RealTristan13 joins Disrupt 2025 to cover using AI to transform sports performance and medical research.Get your front row seat for Disrupt's kick-off in San Francisco Oct. 27: https://t.co/BNWF7oOWIZ ...

It wasn’t the publicity that the NBA wanted during the first week of the season https://t.co/yzVpg1aQPb ...

Prosecutors have detailed seven 2023 and 2024 NBA games they say were targets of bettors placing illegal wagers after they allegedly obtained insider information about players and games from people inside the NBA who were then profiting from the bets.https://t.co/BiuKtPXyZV https://t.co/tjzMWcAWZz ...

Player Contract & Future - Lionel Messi is extending his contract with MLS team Inter Miami through 2028 [1] - Messi bases his decision on his daily physical and mental state to continue playing for the club [1] - Messi feels very good during the year [1] - Messi and his family are happy in Miami [2]

Legal & Ethical Concerns - The NBA faces an insider trading saga due to criminal cases involving players and coaches [3] - Terry Rosier is accused of providing insider information for betting purposes, leading to a $200,000+ wager [1] - Chanty Bilips is charged in a case involving rigged high-stakes poker games backed by mafia families [2] - The Justice Department crackdown marks one of the largest sports betting investigations [3] Criminal Activities - Organized crime has penetrated professional basketball through insider betting and rigged games [1][2] - A network used modified shuffling machines and concealed cameras to predetermine poker hands [2] - The rigged poker games generated millions in profits [2] Financial Implications - Illegal conduct in sports betting poses significant risks to the legal gambling industry [3]