• bitcoinBitcoin(BTC)$84,945.001.18%
  • ethereumEthereum(ETH)$2,704.750.66%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$779.810.95%
  • rippleXRP(XRP)$1.53-0.91%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$122.881.60%
  • tronTRON(TRX)$0.333493-0.84%
  • zcashZcash(ZEC)$1,643.086.61%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.063.09%
  • HyperliquidHyperliquid(HYPE)$92.07-0.16%
  • dogecoinDogecoin(DOGE)$0.0976200.31%
  • chainlinkChainlink(LINK)$14.11-2.04%
  • moneroMonero(XMR)$547.56-0.38%
  • whitebitWhiteBIT Coin(WBT)$84.701.10%
  • USDSUSDS(USDS)$1.000.00%
  • cardanoCardano(ADA)$0.255618-0.01%
  • RainRain(RAIN)$0.012631-0.47%
  • leo-tokenLEO Token(LEO)$9.020.68%
  • stellarStellar(XLM)$0.216352-0.63%
  • nearNEAR Protocol(NEAR)$5.228.33%
  • bitcoin-cashBitcoin Cash(BCH)$335.510.78%
  • uniswapUniswap(UNI)$9.842.48%
  • litecoinLitecoin(LTC)$71.11-1.73%
  • CantonCanton(CC)$0.134479-2.34%
  • suiSui(SUI)$1.255.88%
  • Ethena USDeEthena USDe(USDE)$1.000.03%
  • avalanche-2Avalanche(AVAX)$10.981.10%
  • daiDai(DAI)$1.000.00%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.598.08%
  • USD1USD1(USD1)$1.000.00%
  • hedera-hashgraphHedera(HBAR)$0.0939540.57%
  • BittensorBittensor(TAO)$327.020.55%
  • shiba-inuShiba Inu(SHIB)$0.0000060.35%
  • crypto-com-chainCronos(CRO)$0.0676373.68%
  • Global DollarGlobal Dollar(USDG)$1.00-0.01%
  • BitwayBitway(BTW)$1.1527.32%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • MemeCoreMemeCore(M)$1.20-1.23%
  • EthenaEthena(ENA)$0.270724-2.25%
  • tether-goldTether Gold(XAUT)$4,278.67-0.03%
  • OndoOndo(ONDO)$0.54-0.56%
  • okbOKB(OKB)$121.840.63%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • Circle USYCCircle USYC(USYC)$1.140.00%
  • aaveAave(AAVE)$154.56-0.19%
  • quant-networkQuant(QNT)$163.5553.53%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.14-0.21%
  • mantleMantle(MNT)$0.68-3.03%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

How ‘woke’ NBA executives got mixed up with the Mob in an epic gambling scandal

November 1, 2025
in Business
Reading Time: 4 mins read
A A
How ‘woke’ NBA executives got mixed up with the Mob in an epic gambling scandal
ShareShareShareShareShare

Among the few certainties in life aside from death and taxes is the inevitability that when there’s gambling there will always be the Mob. Don’t take my word for it: Just ask NBA commissioner Adam Silver, (and maybe soon NFL chief Roger Goodell) who might have a starring role in the next Scorsese Mafia epic all because they decided to embrace one of the world’s oldest and most dangerous vices.

YOU MAY ALSO LIKE

Rob Bonta’s Paramount-WBD debacle has created political chaos

US jury says Apple owes record $5.7 billion in patent case against San Diego company

Indeed, a duo of federal indictments filed last week will make Scorsese’s job a lot easier. Basketball star Terry Rozier and Hall of Famer–turned-coach Chauncey Billups were caught up in high-roller card games rigged with x-ray tables, hidden cameras, and loaded decks. Celebrities used as bait. Information passed to a “quarterback,” a mob-connected player who never lost. And when the high-rollers couldn’t pay, the threats came. Violence, blackmail, and worse.

In a separate indictment, players were involved in passing confidential information about injuries, etc., so insiders could win lucrative “prop bets,” a popular sports gambling innovation where you wage on how many yards a running back makes in a game, or how many free throws are completed by LeBron.

Jack Forbes / NY Post Design

These so-called “victims” lost tens of thousands, sometimes millions, through these scams, the Feds say. But the real damage runs much deeper. The leagues’ unholy marriage to gambling—and by extension, to organized crime—exposes how the moral rot that has infected every level of American sport because some of the most woke executives in America saw green instead of danger when they went there.

Sport gambling’s scope is indeed staggering. Globally, it’s a $100 billion business–and growing. It used to be confined to back alleys, bookie shops and of course in Vegas. The leagues forbade their players from engaging; Pete Rose famously denied a Hall of Fame entry because he went there.

More From Charles Gasparino

That all changed in 2018, when the Supreme Court ruled that states could legalize, and now it’s ubiquitous. Sports books advertise before and after games. Sponsored content commingled with analysts touting betting lines. Stadiums proudly display the logos of the various sports book companies so fans can wager bets on their i-Phones while they’re swigging a beer or enjoying a hot dog.

Even players can indulge as long as they don’t bet on their games. The leagues believe it’s a healthy outlet for their aggressive personalities.

Silver, Goodell and the rest moralize about “equity” all day long, but their social conscience stops at the cash register. And that register keeps ringing thanks to their lucrative alliances with gambling operators, advertising partners, and the fan engagement numbers that follow.


Follow The Post’s latest on the gambling scandal rocking the NBA:


Sounds like a lot of fun until you understand the downside. Players are restricted from betting on their own games, but that doesn’t stop them because it’s so easy to evade; leagues test for steroids, not where players are placing their bets.

Then there’s the Mob. I grew up in a gambling family. My father and grandfather were near degenerates. They gambled on everything, football, horse races and more. Fortunately, my family didn’t go without food or heating during my dad’s gambling binges, but I know of people who did.

Portland Trailblazers head coach Chauncey Billups leaving a federal court on Oct. 23. AP

Financing it all: Organized crime, which knows more about the business of gambling than any sports book or league official because it’s specialized in this stuff for decades.

Which brings me back to Silver and Goodell and the idiocy behind their embrace of this abhorrent lifestyle. I’m not saying the Five Families are regularly consulting with the leagues, or have infiltrated the sports book companies, but the Mob knows its clientele.

Neighborhood guys like my pops, high rollers who don’t want to follow Vegas rules, and also sports figures. The reason sports figures make such enticing targets is pretty simple: The same addictive personality that fuels their drive on the gridiron or basketball court carries over to their recreational activities like gambling.

NBA Commissioner Adam Silver. AP

Normalize gambling, as has been done, and it’s no surprise here that NBAers found themselves in the middle of those sprawling federal indictments last week. Members of the Cosa Nostra and so-called “betfluencers” supplied the so-called “faces” or professional athletes who allegedly took part in the rigged card games and the money-good “prop bets” based on inside information on injuries etc.

Yet they were just “Shocked! Shocked!” to find that gambling is going on under their collective nose.

There are, of course, no bigger social justice warriors in America than the people who run professional sports. The NFL, NBA, and MLB have spent the past decade competing to out-woke one another, funding DEI bureaucracies, cutting checks to Black Lives Matter. They’ve even imposed gender quotas in hiring, requiring teams to interview women for coaching positions.

They pose as enlightened visionaries reshaping American culture for the better. The dirty secret is that those same do-gooders have been feeding one of the most destructive habits in American life, and unwittingly, organized crime.

True, no NFL players have been named, but my sources say it’s only a matter of time for all of the reasons I cited earlier.

Yes, only the willfully ignorant would be shocked by any of this, which is why I got a good laugh from the reactions of Silver or Goodell. Both men are among the highest paid executives in corporate America, Silver earns $10 million a year. Goodell six times that much.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Rob Bonta’s Paramount-WBD debacle has created political chaos
Business

Rob Bonta’s Paramount-WBD debacle has created political chaos

September 27, 2026
US jury says Apple owes record .7 billion in patent case against San Diego company
Business

US jury says Apple owes record $5.7 billion in patent case against San Diego company

September 27, 2026
Costco receives 4M in tariff refunds
Business

Costco receives $184M in tariff refunds

September 26, 2026
See which California Starbucks locations are closing across the state
Business

See which California Starbucks locations are closing across the state

September 26, 2026
Next Post
Benches clear after Jays SS Gimenez hit by pitch – ESPN

Benches clear after Jays SS Gimenez hit by pitch - ESPN

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
NVIDIA Releases Nemotron 3 Diarization: A 100M-Parameter Open-Weight Model That Tracks 8 Speakers in Real Time

NVIDIA Releases Nemotron 3 Diarization: A 100M-Parameter Open-Weight Model That Tracks 8 Speakers in Real Time

September 23, 2026
Nepali army rescues people trapped in a tunnel

Nepali army rescues people trapped in a tunnel

September 22, 2026
Top Story with Tom Llamas – Aug. 24 | NBC News NOW

Top Story with Tom Llamas – Aug. 24 | NBC News NOW

September 24, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!