
How the Knicks broke the bookies: Gambling sites took a bath on NBA champs
The house always wins? Betting sites paid out tens of millions the week the Knickerbockers steamrolled the Spurs.

The house always wins? Betting sites paid out tens of millions the week the Knickerbockers steamrolled the Spurs.

The rapid growth of prediction markets has sparked a high-stakes debate that is playing out in courts and legislatures all over the country.

Pitchers Emmanuel Clase and Luis Ortiz entered not guilty pleas through a translator to a rewritten indictment in Brooklyn federal court.

Cleveland Guardians pitchers Clase and Ortiz face a May federal trial for allegedly taking bribes to influence bets.

Portland coach Chauncey Billups pleaded not guilty to federal charges of profiting from rigged Mafia-backed poker games with ex-NBA players.

Billups was arraigned in Brooklyn federal court on money laundering conspiracy and wire fraud conspiracy charges.

EMMANUEL CLASE DE LA CRUZ, A PLAYER ON THE CLEVELAND GUARDIANS MLB BASEBALL TEAM, stands charged with accepting bribes.

Ortiz appeared in Brooklyn federal court after his initial arrest Sunday at Boston’s Logan International Airport.

Jones said little during back-to-back arraignments in federal court in Brooklyn, letting his court-appointed lawyer enter not guilty pleas.

Four of New York’s five organized crime families allegedly participated in the sophisticated rigging of high-stakes poker games.

The case was brought by the U.S. attorney’s office in Brooklyn that previously prosecuted ex-NBA player Jontay Porter.