From Bloomberg Markets and Finance.
Miami Heat guard Terry Rozier and Portland Trail Blazers head coach Chauncey Billups were arrested Thursday morning and charged as part of a sprawling sports gambling probe, federal prosecutors said.
In a press conference Thursday, FBI Director Kash Patel and Brooklyn federal prosecutors said at least 30 people were arrested across 11 states, including current and former National Basketball Association players and coaches, as part of two separate criminal schemes related to illegal sports betting. Michael McCann Legal Analyst at Sportico and Director of Sports and Entertainment Law Institute at UNH Law and Visiting Professor of Law at Harvard Law School breaks down the federal sports betting and gambling probe.
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