Prior to events relating to the NBA, India banned online gambling in August hitting its national cricket team's sponsor.

The indictments create a massive cloud for the NBA and show how certain types of wagers are vulnerable to massive fraud in the growing, multi-billion-dollar legal sports-betting…

Authorities said the "mind-boggling" fraud involved tens of millions of dollars and included members of organised crime.

Charges are related to insider sports betting and another that rigged poker games nationwide linked with NBA and Mafia.

Legal licensed sportsbooks in the U.S. have enjoyed massive growth in recent years, but they're still trying to expand.

More than 30 people were indicted Thursday in a pair of FBI investigations on charges of fraud, money laundering, extortion and more. Here's the list.

Three current and former NBA figures were indicted Thursday for their alleged roles in an explosive gambling scandal.

It now involves itself in securities fraud, gambling and online sports betting, prosecutors say.

A total of 34 people were arrested, including Chauncey Billups, Terry Rozier, and former player Damon Jones.

Prior to events relating to the NBA, India banned online gambling in August hitting its national cricket team's sponsor.

Authorities referred to the alleged schemes as “Operation Nothing But Bet” and “Operation Royal Flush.”

Two sweeping federal indictments have implicated big names in basketball and raised uncomfortable questions about who benefits from legalized gambling