WSJ What’s News What an FBI Probe Into Illegal Betting Means for the NBA
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Oct 23, 2025 
Jared Diamond, a Wall Street Journal sports reporter, discusses a major FBI probe into illegal gambling and alleged match-fixing involving NBA players like Chauncey Billups and Terry Rozier. He dives into the impact of legal gambling platforms and the implications of this scandal for the league’s reputation. Meanwhile, Hannah Aaron‑Lang, a markets reporter, analyzes the recent meme-stock surge of Beyond Meat, explaining the factors driving speculative trading and what it could mean for the company’s future.
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Scale And Gravity Of The NBA Probe
- The FBI alleges two concurrent gambling schemes involving NBA players: match-fixing and rigged underground poker games.
- Jared Diamond calls this one of the biggest gambling scandals in American sports and a disaster for the NBA.
Players Allegedly Used To Enable Bets And Poker Scams
- Terry Rozier allegedly removed himself from a game with a planned injury and that information was used by bettors to profit.
- Organizers allegedly used NBA players to lure victims into rigged underground poker games that stole tens of millions.
Sophisticated Rigging In Underground Poker
- The poker operation allegedly used sophisticated rigging methods like x-ray tables, marked cards and rigged shufflers.
- The mafia's involvement and recruitment of high-profile figures amplified the scheme's reach and impact.