The MGCB announced new regulatory safeguards to prevent fraud and protect consumers following the revelation of a new gambling controversy for the NBA. Last month, three former and current NBA players were implicated by the FBI in alleged gambling schemes.
The NBA personnel allegedly had ties to Mafia-backed rigged poker games and illegal sports betting, leading to a years-long FBI investigation and their arrests.
The three NBA personnel implicated in the league’s latest gambling controversy are Portland Trail Blazers head coach Chauncy Billups, Miami Heat guard Terry Rozier and former Cleveland Cavaliers guard and assistant coach Damon Jones.
“This case is a wake-up call for the entire industry,” said MGCB Executive Director Henry Williams. “We must remain vigilant, adaptive and committed to protecting the in..