The FBI successfully dismantled a massive multi-million dollar gambling ring connected to organized crime that corrupted professional basketball for years. Law enforcement followed the money trail, exposed systematic sports rigging and money laundering and brought down a criminal enterprise that threatened the integrity of professional sports.
The FBI orchestrated a shameful publicity stunt by arresting Terry Rozier in a 6 a.m. perp walk instead of allowing him to surrender, prioritizing headlines over justice. The NBA already cleared Rozier of wrongdoing after investigating the same allegations. Federal prosecutors are relying on unreliable sources rather than solid evidence to revive a dead case.
Today's revelations expose the dark underbelly of illegal gambling, a predatory network exploiting the vulnerable. In contrast, the legal market stands for transparency, accountability and cooperation with authorities, helping expose and eliminate bad actors. The legal betting industry is committed to collaborating and protecting the trust in fair play.
Sports betting platforms have transformed both real and fantasy sports into a high-stakes gambling environment. Studies link participation to increased gambling problems, especially among college students. Despite industry claims of skill-based play, the rapid growth and addictive features raise concerns about the true cost of sports betting.
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