A suspected gambling ring under federal investigation for its role in two NBA betting cases also was involved in unusual wagering activity on at least three men’s college basketball programs this season, ESPN reported Monday.
This shocking revelation has sent shockwaves through the sports world, raising questions about the integrity of both professional and collegiate athletics.
According to the report, the gambling ring’s involvement in college basketball is just the latest development in a wide-ranging investigation that has already implicated several individuals with ties to the NBA.
The probe, which is being led by federal authorities, has been ongoing for several months and has already resulted in the arrest of several individuals accused of participating in the gambling ring.
While the names of the college programs involved have not been officially released, sources close to the investigation have confirmed that at least three men’s basketball teams have been implicated in the scandal.
The NCAA has announced that it is launching its own investigation into the matter, and has vowed to take swift and decisive action against any programs found to be involved in the gambling ring.
This is not the first time that college basketball has been embroiled in a scandal involving gambling and corruption.
In recent years, several high-profile cases have made headlines, including a major scandal involving college basketball coaches and recruiters who were accused of taking bribes from agents and financial advisors.
The latest scandal, however, has sparked concerns that the problem of gambling and corruption in college sports may be more widespread than previously thought.
As the investigation continues to unfold, fans and observers will be watching closely to see what actions are taken against those involved, and what steps are taken to prevent similar scandals from occurring in the future.
The NCAA and federal authorities have pledged to work together to root out corruption and ensure the integrity of collegiate athletics, but it remains to be seen whether their efforts will be enough to restore trust in the sport.