"The filings describe a network of insiders, bookies and mafia affiliates who allegedly used private player data to wager on prop bets wagers on specific occurrences within a game, such as how many assists a player records or whether they'll make their first three-point attempt and ran high-stakes poker games wired with cheating technology. Prosecutors said Jones leaked injury information about unnamed NBA stars to bettors before the public knew, while Rozier exploited knowledge of his own playing status to cash in."
"Federal officials dubbed the twin takedowns Operation Nothing But Bet and Operation Royal Flush, likening the sprawl of defendants and their aliases to something out of a Scorsese film. It's the most significant corruption crisis to hit a major American league since betting was legalized in most US states, and the most revealing picture yet of how deeply gambling has fused itself into the bloodstream of professional sports."
The indictments unsealed in Brooklyn charged more than 30 people, including Terry Rozier, Chauncey Billups and Damon Jones, with schemes that used inside information and rigged card games to profit organized crime. Federal officials named the prosecutions Operation Nothing But Bet and Operation Royal Flush and described a sprawling network of insiders, bookies and mafia affiliates. The network allegedly used private player data to wager on prop bets and operated high-stakes poker games wired with cheating technology. Prosecutors allege Jones leaked injury information to bettors and Rozier exploited knowledge of his playing status to profit from bets.
Read at www.theguardian.com
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