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Stocks to watch after the NBA's betting scandal
Finbold· 2025-10-24 13:08
The sports industry is in a state of shock following the arrest of more than 30 people involved with the National Basketball Association (NBA). The investigation, described as “mind-boggling” by the FBI Director Kash Patel, has spanned 11 states and involves millions of dollars allegedly made through illegal betting and game rigging during the 2023–2024 season.According to the prosecutors, the scheme involved insider information and organized crime activity, damaging the reputation of the league on multiple ...