FBI Arrests NBA Players, Coaches in Sports Gambling Probes

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00:00Federal prosecutors have charged Miami Heat guard Terry Rozier and Portland Trailblazers

00:03head coach Chauncey Billups in two separate criminal cases that expose how insider betting

00:08and organized crime have penetrated professional basketball. Rozier is accused of telling a friend

00:14in 2023 that he planned to pull himself from a game early with a minor injury. That friend

00:19wagered more than $200,000 that Rozier would fall short of his usual point total. Rozier left the

00:26game after nine minutes. And by the next morning, prosecutors say the two were counting their

00:30winnings together in his home. Billups is charged in a separate case involving rigged high stakes

00:36poker games that federal prosecutors say were backed by four of New York's five mafia families.

00:43The network used modified shuffling machines and concealed cameras to predetermine hands generating

00:48millions of profits. Let's not, you know, mince words. This is the insider trading saga

00:53for the NBA. If you're participating in the legal gambling industry, you got nothing to worry about.

00:58If you're participating in illegal conduct, you got everything to worry about. And this case shows

01:02it. The indictments announced in Brooklyn Federal Court today

01:05marked one of the largest sports betting crackdowns in Justice Department history.