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Deemed victims by US, betting platforms emerge as conduits in sports cases

By Samuel Rubenfeld ( November 11, 2025, 23:07 GMT | Comment) -- When US authorities announced a massive illegal gambling bust in October that involved professional basketball players, officials said at a press conference that the sports betting companies that had processed the bets were victims. When prosecutors announced charges against two Major League Baseball players for allegedly rigging individual pitches for corrupt bettors, the betting companies were again cited as being defrauded by their users. But the gambling platforms’ offerings, including the ability for users to bet on a player’s performance in what are known as “prop bets,” appear to have made both alleged schemes possible in the first place.When US authorities announced a massive illegal gambling bust in October that involved professional basketball players, officials said at a press conference that the sports betting companies that had processed the bets were victims....

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