Miami Heat guard Terry Rozier and Portland Trail Blazers head coach Chauncey Billups have been arrested on charges connected to an FBI investigation into illegal gambling. FBI director Kash Patel announced a “historic arrest” on Thursday at a press conference where he spoke about “a wide, sweeping criminal enterprise that …
Read More »There's Now a Casino in Everyone's Pocket. For Some Young Men, It's a Near-Fatal Gamble
F or Andrew Douglas, bottom was seven cops banging on the door of his apartment. He’d sharpened the knife “good,” filled the bathtub with water, and downed a vial of Coumadin to bleed out faster. Had his dad not sensed something and dialed 911, Andrew, a star baseball player turned …
Read More »The Bookie at the Center of the Ohtani Betting Scandal Is Ready to Talk
I t was a round of poker, fittingly, that upended Mathew Bowyer’s life in spectacular fashion. While he preferred to sate his appetite for risk by playing baccarat, poker had served as his formative introduction to the pleasures and possibilities of gambling. Back in the early Nineties, as an enterprising …
Read More »Election Gambling Is About to Blow Up With Polymarket Back in U.S.
More than three years after prediction-market startup Polymarket was blocked in the U.S. as part of a settlement with the Commodity Futures Trading Commission for failing to register as a derivatives trading platform, the company announced it had found a path back into the country. “Polymarket has acquired QCEX, a …
Read More »How to Become a Fantasy-Sports Millionaire
A rielle Herzig is a normal person. She does pilates, avoids gluten, works in tech, and lives on a quiet cul de sac in Florida with her husband, Justin. Justin seems normal, too. He’s 36, tall and slender, and wears a backward baseball cap most days that gives him the …
Read More »Is the $11 Billion Online Sportsbook Bubble About to Burst?
S hohei Ohtani walks up to home plate at New York’s Citi Field, and the L.A. Dodgers fans, who are well in attendance on this Wednesday afternoon, are up on their feet. “So, ideally you get a pop-up, right? You got like five seconds in the air. God forbid the …
Read More »What Would Be Pete Rose's Punishment for Gambling Today?
Pete Rose, baseball’s all-time hits leader, died of natural causes this week at the age of 83. He was one of the greatest baseball players in history, and his stats back that up: three World Series titles, 17 All-Star appearances, and a record-breaking 4,256 hits. His moniker on the field …
Read More »Banned NBA Player Jontay Porter Pleads Guilty to Charge Related to Betting Scandal
Former NBA player Jontay Porter, who was banned from the league for life after he gambled on games he participated in as a member of the Toronto Raptors, has pleaded guilty to a charge of wire fraud conspiracy in connection to the scandal. Porter, who was charged along with four …
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