Gambling industry responds to NBA’s latest gambling scandal
The NBA found itself embroiled in another gambling-related controversy, leading key stakeholders in the gaming industry to respond to a new round of allegations.
Portland Trail Blazers head coach Chauncy Billups, Miami Heat guard Terry Rozier and former Cleveland Cavaliers guard and assistant coach Damon Jones were arrested on Thursday following an FBI investigation that found alleged misconduct tied to gambling.
The three NBA personnel were among more than 30 people arrested after the FBI uncovered alleged illegal gambling and wire fraud worth tens of millions of dollars.
NBA coach allegedly involved in rigged poker games
Billups, who coached in Portland’s season opener earlier this week, was allegedly involved in an illegal, rigged poker operation with ties to the Italian Mafia, according to U.S. Attorney for the Eastern District of New York Joseph Nocella Jr. The alleged operation offered rigged games that used advanced technology to read and shuffle cards.
“Today’s events are ..