SBC Americas

Former NCAA athletes tied to alleged Mafia-backed gambling ring

The Italian Mafia is tied to another alleged multimillion-dollar gambling scheme, with the latest charges involving a group of former NCAA athletes.

The New Jersey State Police (NJSP) and Attorney General Matthew J. Platkin announced charges against 14 people who were involved in an alleged sports betting ring with ties to organized crime. New Jersey police charged state resident Joseph M. “Little Joe” Perna with racketeering conspiracy, gambling offenses and money laundering for allegedly leading an illegal operation that had student-athletes serve as bookmakers.

New Jersey authorities initiated an investigation into the alleged gambling ring in January 2024 that found the scheme had siphoned through roughly $2 million over two years.

“The takedown of this organized illegal sports gambling ring underscores our unwavering commitment to dismantling criminal networks that profit from corruption and greed,” said NJSP Superintendent Colonel Patrick J. Callahan. “These racketeering opera..

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MGC warns operators about offering sports event contracts

The Massachusetts Gaming Commission (MGC) is the latest regulator to warn licensed operators about offering sports event contracts and partnering with prediction markets.

On Thursday, the MGC sent a notice to all sports wagering licensees that they are “prohibited from offering sports-related event contracts in Massachusetts, directly or via an affiliate, related business entity, or other association.” The regulator sent the letter to licensees as FanDuel and DraftKings prepare to offer event contracts in select markets.

DraftKings and FanDuel plan to offer event contracts in states where they are not licensed for online sports betting. The two operators have offered online wagering in Massachusetts since the state opened as a regulated online sports betting market in March 2023.

The MGC plans to sanction operators who plan to offer sports event contracts in Massachusetts. It also takes expectations to operators directing Massachusetts residents to prediction market platforms that o..

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FanDuel & DraftKings pack up in Nevada ahead of prediction markets launch

DraftKings and FanDuel have responded to the Nevada Gaming Control Board’s (NGCB) stance on prediction markets by voluntarily retreating from the state.

The NGCB announced that FanDuel owner Flutter Entertainment has given up its operations in the state. The board said it “accepted the surrender” of the company’s registration and related licenses and approvals for FanDuel Sportsbook. Flutter also surrendered its license in Nevada as an “information service” supplier. Flutter gave up its registration as it plans to launch a prediction market in partnership with CME Group.

“It has been made clear to the Board that Flutter Entertainment/FanDuel and DraftKings intend to engage in unlawful activities related to sports event contracts. This conduct is incompatible with their ability to participate in Nevada’s gaming industry,” wrote NGCB Chairman Mike Dreitzer.

FanDuel’s operations in Nevada

Flutter’s FanDuel brand does not offer online sports betting in Nevada and only accepts wagers at..

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NCAA bans another 6 men’s basketball players for betting violations

The NCAA’s investigations into betting violations continue, and the college sports association has banned another six men’s basketball players at three different universities for manipulating their own performances.

In a statement published Friday, the association said that it uncovered three separate infractions involving student athletes who played for the New Orleans Privateers, the Mississippi Valley State Delta Devils and Arizona State Sun Devils. The three cases are not considered to be directly related to one another.

The six athletes — Cedquavious Hunter, Dyquavian Short, Jamond Vincent, Donovan Sanders, Alvin Stredic and Chatton “BJ” Freeman — are all no longer enrolled at their schools.

Students intentionally misled investigators

In all three cases, the violations involved betting-related game manipulation and/or student-athletes providing information to bettors. The NCAA said that student-athletes on all three teams knowingly provided false or misleading information to i..

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New York bill would restrict how sportsbooks offer problem gambling support

A new bill authored by the Chair of the New York Assembly Committee on Racing and Wagering would limit how the state’s online sportsbooks can provide problem gambling support.

Assemblywoman Carrie Woerner introduced Assembly Bill 9146 on Oct. 17, and it has been referred to the committee she chairs for consideration.

The act would expressly ban mobile sportsbooks from providing counseling, therapy or other treatment services for bettors in New York via any avenue other than directing them straight to the state Office of Addiction Services and Supports (OASAS). “The mobile sports wagering operator shall not advertise or promote any other organization or entity that provides counseling, therapy or treatment services for compulsive play,” reads the text of Woerner’s bill.

More problem gambling oversight needed?

OASAS is the designated New York agency for addiction services, including problem gambling. The office told SBC Americas that all of its operated and certified services are ava..

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Minnesota AG resends C&D orders to 14 unlicensed operators

Minnesota is the latest state to take action against unlicensed sweepstakes casinos and offshore operators.

On Wednesday, Minnesota Attorney General Keith Ellison announced that his office resent a round of cease and desist orders to 14 unlicensed operators accepting customers in the state. Ellison is targeting online sweepstakes casinos and offshore operators for violating Minnesota consumer protection laws related to fraud and deceptive practices.

“Illegal online casinos and sweepstakes sites make big promises but deliver only risk to Minnesota consumers,” said Minnesota Department of Public Safety Commissioner Bob Jacobson. “Most are based outside the U.S. to avoid laws, regulation and enforcement measures. There’s no accountability, no protection for players and no way to know if the betting will be run fairly.”

Minnesota’s active gaming laws

The Attorney General is demanding that the operators exit Minnesota, as online gambling is prohibited in the state. Minnesota’s active ga..

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MGCB imposes new safeguards amid NBA’s latest gambling scandal

The NBA’s latest alleged gambling scandal spurred the Michigan Gaming Control Board (MGCB) to ensure it is fostering a safe and fair environment for players across the state.

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..

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NCAA asks Kalshi to keep its distance from college sports body

The NCAA has written to Kalshi to ask the prediction markets company to stop implying a close relationship with the college sports governing body, noting that it is concerned about suffering reputational harm as a result.

“It has been brought to our attention that Kalshi uses the language ‘Outcome verified from NCAA’ (with a hyperlink to NCAA.COM.),” wrote NCAA SVP and Chief Legal Officer Scott Bearby in a letter sent to Kalshi on Oct. 30.

NCAA worried Kalshi’s implications will harm them

“The NCAA is concerned that this language will imply to the consuming public that the NCAA has some relationship with Kalshi which involves the NCAA ‘verifying’ or ‘approving’ data for Kalshi. Given the NCAA’s stance on sports betting, this could cause significant harm to the value and goodwill of the NCAA brand.”

Bearby asked Kalshi to amend its language to something “which clearly reflects the reality of the relationship,” such as “Outcome sourced from NCAA.COM.” The NCAA also wants Kalshi to a..

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UFC cuts fighter tied to suspicious wagers flagged by operators

A period of suspicious betting activity led to the release of an athlete from the UFC and a round of refunds issued by a major sports betting operator.

According to a report from MMA veteran journalist Ariel Helwani, the UFC released Isaac Dulgarian after his loss on Saturday during UFC Vegas 110. Dulgarian entered the bout as a heavy favorite but was submitted in the first round at the UFC Apex in Las Vegas by Yadier del Valle. Less than two hours before the bout, heavy line movement was reported with Dulgarian moving from a -240 favorite to -160 at various sportsbooks. There was also significant line movement on first-round finish markets as a result of heavy wagering.

The line went from as high as +850 to +475 moments before the fight. As a result of the suspicious line movement, DraftKings reportedly pulled all markets for the fight.

DraftKings attributed the decision to “integrity concerns” surrounding the bout. The UFC has yet to release a statement on the matter and the organ..

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NCAA to require player availability reports for March Madness

The organization behind one of America’s most popular sporting events is making changes amid the popularity of regulated online sports betting.

The NCAA announced the requirement of player availability reports for March Madness, which had Americans spend an estimated $3.1 billion wagering on the annual tournament last year, according to data provided by the American Gaming Association. Starting in 2026, DI institutions in both the women’s and men’s March Madness tournaments will be required to provide player injury reports ahead of all contests. The NCAA is requiring schools to provide the reports the night before games and two hours before tip-off.

The player availability reports will also be publicly available in an effort to reduce gambling-related pressure and abuse toward student-athletes. The reports will use two player-injury designations: questionable or out. Inaccurate or failed reports can lead to penalties.

The undisclosed penalties are levied by the men’s and women’s bas..

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