"The NBA banned Toronto Raptors player Jontay Porter from the league last year for a violation of league rules around sports betting. More than 30 people were arrested across the U.S. last month in an illegal gambling investigation. Among them were NBA's Portland Trail Blazers coach Chauncey Billups, former Cavaliers guard and Los Angeles Lakers assistant coach Damon Jones and Miami Heat guard Terry Rozier."
"The NFL signaled in August that it was concerned about wagering taking place outside the framework of regulated sports betting via emerging prediction markets. What they're saying: "An isolated incident of game rigging might be dismissed as an aberration, but the emergence of manipulation across multiple leagues suggests a deeper, systemic vulnerability," Cruz and Cantwell wrote on Monday. "These developments warrant thorough scrutiny by Congress before misconduct issues become more widespread.""
Congressional leaders requested information from MLB Commissioner Manfred regarding allegations of gambling and game-fixing involving league players. Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz were indicted on federal charges accusing them of manipulating game outcomes. For decades leagues opposed sports betting to protect integrity, but over half of U.S. states now allow wagering and most major leagues embraced the market after the Supreme Court decision in 2018. Other leagues face scandals: the NBA disciplined a player and dozens were arrested in an illegal gambling probe. Lawmakers warned that manipulation across leagues indicates a systemic vulnerability needing congressional scrutiny.
Read at Axios
Unable to calculate read time
Collection
[
|
...
]