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NBA gambling scandal shows legal sports betting market works, Fanatics Betting & Gaming CEO argues

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NBA gambling scandal shows legal sports betting market works, Fanatics Betting & Gaming CEO argues


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The bombshell NBA scandal that took place as part of an FBI investigation last week has led to many questioning the sports betting market, even the legal side of it. 

That was especially the case with Miami Heat guard Terry Rozier, who was among more than two dozen arrests for his role in the sports betting FBI probe where he allegedly gave non-public information regarding his injury status and when he would be exiting a game to hit certain prop bets. 

There was a similar situation last season with ex-Toronto Raptors player Jontay Porter, who was banned from the NBA indefinitely and pleaded guilty to conspiracy to commit wire fraud. Porter, who is connected to this current FBI investigation, had previously been found guilty of disclosing confidential information to sports bettors about his own health status and bet on games in violation of league rules. 

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Miami Heat guard Terry Rozier (2) looks on during the second half of an NBA basketball game against the Washington Wizards, Sunday, March 31, 2024, in Washington. (AP Photo/Nick Wass, File)

So, seeing a situation like this happening on a perhaps larger scale, Fanatics Betting & Gaming CEO Matt King was “disappointed” to see “criminal elements” come into play in a market that has grown exponentially as more states legalize it. But given his expertise, King explained why he feels this situation proves the legal side of sports betting is working. 

“If you look at the chronology, the suspicious betting activity was flagged immediately, was reported immediately, investigations were kicked off immediately,” King told Fox News Digital earlier this week. “You had the right people involved. Obviously, the leagues were out ahead trying to aggressively understand what was happening, but they don’t have subpoena power, so they’re able to see part of it. But everybody worked in collaborations with the FBI, who were able to have subpoena power and really dig in. Ultimately, the perpetrators were caught, and I’m confident they’re going to be brought to justice.”

Fanatics Sportsbook is a newer operation and was in the early stages of its development when Rozier was accused of being involved in potential betting irregularities in a March 23, 2023, game. But King’s experience in this industry goes beyond the work he does with Fanatics Betting & Gaming now, having served as CEO and CFO of FanDuel during previous years. 

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So, regarding the question about the future of sports betting, especially the prop betting market, King gave a perfect analogy.

“This type of thing is inevitable, and I look at it through the lense of – the parallel I draw is the stock market,” he explained. “People have traded stocks for hundreds of years, and there’s always been the risk of insider trading. Consequently, there’s a healthy and aggressive regulatory enforcement regime around making sure people don’t trade on insider information. This is no different from that.

“I look at it as a great case study of the market and regulation all working and the industry participants working in concert together. I’m hoping the perpetrators were made an example of, because the deterrence element is equally as important.”

Matt King smiles at Fanatics Sportsbook and Casino

CEO of Fanatics Betting and Gaming, Matthew King inside the Fanatics Sportsbook at Ocean Casino Resort in Atlantic City, New Jersey on Sept. 14, 2025.   (Arturo Holmes/Getty Images )

King also gave some perspective on how these instances were caught from the start, and what an operation like Fanatics Sportsbook does when that flag comes up when wagers start coming in. 

“A lot of times, the first flag that comes out of suspicious activity is a volume well in excess of what we would’ve expected,” King said about a suspicious bet. “That typically tips off and tips you into further investigation. In particular, when an under [prop bet] or low-grade tennis match or something like that is ahead of expectations, then it’s really the question of, ‘Where is it coming from? Who’s making the wager? Where are they making that wager from? Is this consistent with their historical betting patterns?’ Questions like that. We have a lot of analytic resources and a lot of people on staff that kind of spend time looking at this data and make sure we understand. 

“Now, a lot of times you get a false flag. You dig into it and it’s like, ‘Hey, we didn’t expect this much action on the underdog, and it turns out the popular underdog that had a big Instagram story, and people are just piling on some narrative that exists in sports,’ which is great. It’s healthy. So, there’s a lot of false flags, but ultimately a chunk of those flags that get raised turn into something suspicious and we report that to the appropriate authorities.”

In short, King knows that, like any market prediction, there is going to be those who want to gain an edge. So, the future of betting in any professional sport will have those trying to cheat the system. 

However, King feels the strongest point to get across about this alleged criminal activity is having a legal market, coupled with aggressive regulations and monitoring, can at least diminish the potential for illegality. 

Fanatics Sportsbook display for NBA

A self-service betting kiosk displaying NBA game odds inside the Fanatics Sportsbook on Nov. 23, 2024, in Columbus, Ohio. (Aaron M. Sprecher/Getty Images)

“The most important fundamental point of this conversation is for everybody to understand that sports betting is going to exist no matter what,” he said. “You can’t show me an era of history, a country in the world, a sport that’s popular and doesn’t have some level of sports betting. We just have to accept that sports betting is going to exist. It’s then simply a question of do you want this to exist as a legal market or an illegal market? 

“The reality is this activity was caught because it is a legal market, because you were able to have relationship with leagues and have integrity monitoring services that you could flag data for and people could investigate. If you didn’t have legalized sports betting, all you’d have is the illegal markets that don’t have any commitment to integrity or consumer protections, which is the other side to remember. If you’re betting on an illegal sportsbook, they have no requirement, no interest to make sure you’re betting within your means or things like that.”

“I would argue the best thing for the integrity of the game, the best thing for consumer protection is a two-pronged strategy of a legal and robust market paired with aggressive enforcement against the illegal market.”

Fanatics Sportsbook, as well as having key Responsible Gaming tools for consumers, also has a unique “Fair Play” policy, which protects bettors from early player injuries. 

Terry Rozier

Charlotte Hornets guard Terry Rozier (3) looks to pass against the Boston Celtics during the second half at Spectrum Center. (Nell Redmond/USA Today Sports)

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This consumer protection addresses those situations where it’s clear key players get injured, but also the potential of something like the Rozier case. Being a starting guard on a team, Rozier’s prop bets are abundant every night he’s on the court, but if he leaves early and never returns, Fanatics Sportsbook voids that bet through Fair Play. 

Overall, there is no true way to root out the illegal side of sports betting, but operations like Fanatics Sportsbook, and leaders like King, continue to put the necessary regulations, technology and collaborations with leagues in place to ensure a fair and level playing field for all those wishing to play. 

“We will always be front of the line with leagues and regulators for what’s the right mix of prop bets to offer,” King said. “What I would say, though, is there’s a balance. Because ultimately, if you have a legal sports betting market, but one where regulations were strict with what you can offer to the point where it’s not giving consumers what they want, they will then go into the illegal market. You undermine the value of having a legal market. So, I look at it as finding that right balance that ensures we can limit, and make common sense decisions, but also make something the consumers want.”

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Transfer rumors, news: Man United target Sporting’s Hjulmand

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Transfer rumors, news: Man United target Sporting’s Hjulmand


Sporting CP midfielder Morten Hjulmand is on Manchester United‘s transfer shortlist, while N’Golo Kanté is being targeted for a return to Europe. Join us for the latest transfer news and rumors from around the globe.

Transfers home page | Men’s grades | Women’s grades

TOP STORIES

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TRENDING RUMORS

– Manchester United are weighing up a move for Sporting CP midfielder Morten Hjulmand, according to TEAMtalk. The Red Devils are continuing to assess the transfer market ahead of plans to strengthen manager Ruben Amorim’s midfield in January. It is reported that Hjulmand, 26, could be acquired for half of the fee that United would be expected to pay to sign Crystal Palace midfielder Adam Wharton or Nottingham Forest‘s Elliot Anderson, with recent reports indicating that either could require an offer worth between £100 million and £120m to secure. Hjulmand, who has previously been linked with Juventus, has been on United’s shortlist for a long time.

Paris FC are dreaming of signing Al Ittihad midfielder N’Golo Kanté, reports Foot Mercato. The 34-year-old is yet to extend his contract with the Saudi club, and newly promoted Ligue 1 side Paris FC see it as a “golden opportunity” to bring him back to Europe. Kanté has made six starts in the Saudi Pro League so far this season, and he will enter the final 18 months of his deal in January. He won one Premier League title with Leicester City and another with Chelsea, where he also won the UEFA Champions League, before moving to Saudi Arabia in 2023. He also wont he 2018 FIFA World Cup with France, for whom he last appeared in November 2024.

– A move for Bayern Munich center-back Dayot Upamecano is being considered by Internazionale, according to Gazzetta dello Sport. It is believed that the France international is yet to communicate a desire to stay put at the Allianz Arena, and the Nerazurri are “poised to make a move” if an opportunity arises to land him. The 27-year-old is set to enter the final 18 months of his contract in January, while Lazio‘s Mario Gila is seen as a potential alternative.

– Multiple clubs are lining up to sign Manchester United striker Joshua Zirkzee in January. TEAMtalk reports that West Ham United are among five Premier League teams keen on a move for the 24-year-old, but they are facing competition from Europe, with Sevilla and PSV Eindhoven also interested. Previous reports have indicated that the Red Devils would prefer to keep their squad together beyond the next transfer window, but with the 2026 FIFA World Cup approaching, Zirkzee wants to play regular minutes to have a chance of being selected in the Netherlands‘ squad for the tournament.

– Clubs in the Premier League are interested in Palmeiras forward Vitor Roque, according to Diario AS. The 20-year-old left Barcelona for a fee of €25m in February and he has hit form again upon his return to Brazil, scoring goals in 27 league matches. His performances are believed to have caught the attention of clubs in Europe, but teams in England‘s top flight are “favorites” in the race for him.

EXPERT TAKE

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0:49

Zirkzee, Mainoo facing uncertain futures at Manchester United

Rob Dawson says Joshua Zirkzee and Kobbie Mainoo are hoping for new clubs in the transfer window.

OTHER RUMORS

Arsenal are considering an approach for Bayern Munich attacking midfielder Lennart Karl, with the Emirates Stadium hierarchy willing to back manager Mikel Arteta in January. (CaughtOffside)

Liverpool are planning to hand new contracts to midfield pair Ryan Gravenberch and Dominik Szoboszlai. (Fabrizio Romano)

Atlético Madrid’s Conor Gallagher “remains an option” for Manchester United in their search for a midfielder. (Fabrizio Romano)

Jadon Sancho could be set to return to Manchester United in January, with Aston Villa “unimpressed.” with his recent performances during his loan spell. (Football Insider)

West Ham are reluctant to part ways with midfielder Lucas Paquetá in January. (Football Insider)

Juventus, Internazionale, and Roma are interested in a potential move for Genoa midfielder Morten Frendrup who has also been approached by teams in the Premier League. (Nicolò Schira)

Aston Villa and Leeds United are among the teams interested in PSV Eindhoven attacking midfielder Ismael Saibari. (TBR Football)

Napoli, Sevilla, and Real Betis are looking at Club America winger Brian Rodríguez. (Ekrem Konur)

Talks over a new contract are set to take place between Sassuolo and forward Armand Laurienté. (Nicolò Schira)



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Doncic in Wilt’s club after another 40-point night

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Doncic in Wilt’s club after another 40-point night


MEMPHIS, Tenn. — After Austin Reaves carried the Lakers as their solo star all week, Luka Doncic returned Friday to take the baton back with another 40-point performance in Los Angeles’ 117-112 win over the Memphis Grizzlies.

Doncic, who missed the previous three games with a sprained finger on his left hand and a lower left leg contusion that he thought might keep him out until at least Sunday, flew to Memphis separately to join the team Thursday and went on to pour in a game-high 44 points.

It was Doncic’s third straight 40-point game after scoring 43 on opening night against Golden State followed by 49 against Minnesota, becoming the only player in NBA history other than Wilt Chamberlain to top the 40-point plateau in three straight games to begin his season. (Chamberlain did it twice — seven straight games in 1962-63 and five straight in 1961-62).

“I mean, I feel great,” Doncic said when asked about being included in such rare company with the basketball legend. “But obviously, if we get a win, I feel even better. So that’s the whole point, trying to help the team to win. And sometimes it’s going to be scoring, sometimes other things.”

He did other things, too, leading L.A. with 12 rebounds and six assists as the Lakers fought back from a 15-point second-half deficit to win their first NBA Cup group play game, but it was the scoring that was most impressive — especially because of the other luminaries he joined.

Only Chamberlain, Doncic and Michael Jordan in 1986-87 scored 125 points or more in their first three games to start a season; Doncic has 136.

And, by averaging 45.3 points in his first three games, Doncic became the first Lakers player since Kobe Bryant in 2007 to average 45 or more in any three-game span.

Doncic was asked if he could become the only player other than Chamberlain to average 40 for a season.

“That’s going to be tough,” Doncic said. “Sometimes they’re going to double me more. Sometimes I won’t be able to score that much. I had I think three or four shots that were crazy shots that I felt like doing, but they were terrible shots. So … I’ve got to work on that. But that’s tough. I don’t know.”

When told that Reaves didn’t think it was crazy, saying after the Lakers’ home win over Minnesota that he thought 40 was within Doncic’s reach, Doncic said with a smile, “Austin’s stupid.”

Reaves averaged 40 points on 50% shooting (41.4% from 3) with 10 assists, 5.3 rebounds and 2.3 steals in the three games that Doncic missed, with LeBron James (sciatica) also sidelined. After Friday’s win, he had more praise for Doncic, and a critique of himself.

“His ability to get us off to hot starts is big for us because, if you come out and he has 15 in the first, we’re going to score, I would assume, 30 [points],” Reaves said of Doncic, who leads the league in first-quarter scoring, averaging 13 points. “Unless everybody else is shooting bricks like I was tonight.”

Reaves started the game 2-for-9 but finished as the Lakers’ second-leading scorer with 21 points.

L.A. also got big contributions from Marcus Smart, who was in the starting lineup after a two-game absence because of a right quad injury and put up 12 points, four assists and two steals; and Jake LaRavia, who had 13 points, five rebounds and three steals against his former team.

Deandre Ayton had nine points on 4-for-6 shooting in the first half but didn’t play after halftime because of what coach JJ Redick called “middle back spasms.” Ayton spent the third quarter in the locker room trying to get loose and said he would have returned to the game in the fourth quarter if called upon, but L.A. was able to hold on without him.

Ayton said he expects to be available when the Lakers host the Miami Heat on Sunday.

That will be another opportunity for Doncic to score 40 and another chance for his teammates to find ways to describe what they are seeing from their teammate.

“Fantasticness,” Smart said, making up his own word for what Doncic is doing this season. “It’s been great to watch.”



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L.A. plans to start Ohtani in G7; Jays go Scherzer

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L.A. plans to start Ohtani in G7; Jays go Scherzer


TORONTO — With everything on the line Saturday night, the Los Angeles Dodgers plan to start Shohei Ohtani on short rest in Game 7. A final decision had not been made as of late Friday night, but the team is leaning in that direction.

Dodgers manager Dave Roberts said in a news conference after his team’s 3-1, season-saving win in Game 6 that every pitcher except Yoshinobu Yamamoto will be available.

That includes Tyler Glasnow, who was lined up to start Game 7 but came out of the bullpen to record the final three outs in Friday’s Game 6. It includes Roki Sasaki, who faced seven batters. And it includes Ohtani, whose easiest path to pitching has always been to open the game, rather than coming out of the bullpen.

Ohtani pitched six innings and threw 93 pitches in Game 4 and would be taking the mound on three days’ rest. Ohtani has previously made one start on three days’ rest, but that was after completing only two innings in a prior start in 2023. Every other major league start for Ohtani has come on five or six days’ rest.

Because of the two-way rule, though, starting Ohtani ensures he can remain in the game as the designated hitter after he exits as a pitcher. If he were to come in as a reliever and then exit with the game ongoing, Ohtani would have to play in the outfield to bat again. Closing the game — like he did to finish the 2023 World Baseball Classic for his native Japan — is also an option, but it is further complicated by having to juggle warming up while batting or running the bases.

The Blue Jays will start Max Scherzer in Game 7 and, to some extent, have every pitcher available other than Kevin Gausman. That includes 22-year-old phenom Trey Yesavage, who dominated the Dodgers in Wednesday’s Game 5, striking out 12 while throwing seven innings of one-run ball. Saturday would have qualified as Yesavage’s bullpen day. Instead, he could pitch the decisive game of the 2025 season.

“If the people who make the decision think it’s a good idea for the team,” Yesavage said, “then I’m all for it.”

ESPN’s Jeff Passan contributed to this report.



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