2025-10-24
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An alleged gambling conspiracy has rocked US basketball, throwing the sport into turmoil.
It's a wide sweeping criminal enterprise that envelops both the NBA and La Casa Nostra.
It's the most significant gambling investigation I think the NBA has dealt with.
This is a very dangerous situation for the league as a whole.
This is World Business Report from the BBC World Service.
So let's look at this story.
The FBI says it has uncovered an illegal gambling conspiracy,
which involves current and former basketball players, and also involves the Mafia,
the American Mafia or Cosa Nostra. 34 people have been arrested,
including the Miami Heat star Terry Rozier,
who I should say has denied those allegations against him.
Also charged the Portland Trail Blazers head coach Chauncey Billups.
The FBI director Kash Patel made the announcement.
Today we are here in New York to announce a historic arrest across a wide sweeping criminal enterprise that envelops both the NBA and La Casa Nostra.
But as you now know, individuals such as Chauncey Billups,
Damon Jones and Terry Rozier were taken into custody today.
Former, current NBA players and coaches.
What you don't know is that This is an illegal gambling operation and sports rigging operation that span the course of years.
The FBI led a coordinated takedown across 11 states to arrest over 30 individuals today responsible for this case,