The post Gambling puts pressure on athletes appeared on BitcoinEthereumNews.com. Hall of Fame basketball player Carmelo Anthony said Thursday, in the wake of bombshell indictments detailing illegal NBA betting, that the rapid rise of sports gambling is putting growing pressure on today’s athletes. Speaking with CNBC Sport, the former New York Knicks star said the betting culture “mentally affects” players. “They may say they don’t care … but they care about it, because it affects them,” he said. On Thursday, FBI Director Kash Patel announced Portland Trailblazers head coach Chauncey Billups and Miami Heat guard Terry Rozier were separately arrested following investigations into alleged insider bets on basketball games. Anthony was not involved in the case. The 10-time NBA All-Star, who retired in 2023 and now works as a broadcaster for NBC, said he’s concerned about how gambling is “changing the narrative of the game.” “Just because you bet on 25 points, and I got 22 points, now you look at me differently. Now I’m losing my skill set,” he said. Anthony spoke to CNBC from Baltimore, Maryland, where he’s on hand for the opening of The House of Melo exhibit at the Enoch Pratt Free Library that will chronicle his career. Anthony added that he expects consequences to follow the latest allegations. “There needs to be some ramifications around what’s going on. I’m sure the powers that be are looking into that,” he said. Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC. Versant would become the new parent company of CNBC upon Comcast’s planned spinoff of Versant. Get the CNBC Sport newsletter directly to your inbox The CNBC Sport newsletter with Alex Sherman brings you the biggest news and exclusive interviews from the worlds of sports business and media, delivered weekly to your inbox. Subscribe here to get access today. Source: https://www.cnbc.com/2025/10/23/carmelo-anthony-nba-bets-gambling-pressure.htmlThe post Gambling puts pressure on athletes appeared on BitcoinEthereumNews.com. Hall of Fame basketball player Carmelo Anthony said Thursday, in the wake of bombshell indictments detailing illegal NBA betting, that the rapid rise of sports gambling is putting growing pressure on today’s athletes. Speaking with CNBC Sport, the former New York Knicks star said the betting culture “mentally affects” players. “They may say they don’t care … but they care about it, because it affects them,” he said. On Thursday, FBI Director Kash Patel announced Portland Trailblazers head coach Chauncey Billups and Miami Heat guard Terry Rozier were separately arrested following investigations into alleged insider bets on basketball games. Anthony was not involved in the case. The 10-time NBA All-Star, who retired in 2023 and now works as a broadcaster for NBC, said he’s concerned about how gambling is “changing the narrative of the game.” “Just because you bet on 25 points, and I got 22 points, now you look at me differently. Now I’m losing my skill set,” he said. Anthony spoke to CNBC from Baltimore, Maryland, where he’s on hand for the opening of The House of Melo exhibit at the Enoch Pratt Free Library that will chronicle his career. Anthony added that he expects consequences to follow the latest allegations. “There needs to be some ramifications around what’s going on. I’m sure the powers that be are looking into that,” he said. Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC. Versant would become the new parent company of CNBC upon Comcast’s planned spinoff of Versant. Get the CNBC Sport newsletter directly to your inbox The CNBC Sport newsletter with Alex Sherman brings you the biggest news and exclusive interviews from the worlds of sports business and media, delivered weekly to your inbox. Subscribe here to get access today. Source: https://www.cnbc.com/2025/10/23/carmelo-anthony-nba-bets-gambling-pressure.html

Gambling puts pressure on athletes

Hall of Fame basketball player Carmelo Anthony said Thursday, in the wake of bombshell indictments detailing illegal NBA betting, that the rapid rise of sports gambling is putting growing pressure on today’s athletes.

Speaking with CNBC Sport, the former New York Knicks star said the betting culture “mentally affects” players.

“They may say they don’t care … but they care about it, because it affects them,” he said.

On Thursday, FBI Director Kash Patel announced Portland Trailblazers head coach Chauncey Billups and Miami Heat guard Terry Rozier were separately arrested following investigations into alleged insider bets on basketball games. Anthony was not involved in the case.

The 10-time NBA All-Star, who retired in 2023 and now works as a broadcaster for NBC, said he’s concerned about how gambling is “changing the narrative of the game.”

“Just because you bet on 25 points, and I got 22 points, now you look at me differently. Now I’m losing my skill set,” he said.

Anthony spoke to CNBC from Baltimore, Maryland, where he’s on hand for the opening of The House of Melo exhibit at the Enoch Pratt Free Library that will chronicle his career.

Anthony added that he expects consequences to follow the latest allegations.

“There needs to be some ramifications around what’s going on. I’m sure the powers that be are looking into that,” he said.

Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC. Versant would become the new parent company of CNBC upon Comcast’s planned spinoff of Versant.

Get the CNBC Sport newsletter directly to your inbox

The CNBC Sport newsletter with Alex Sherman brings you the biggest news and exclusive interviews from the worlds of sports business and media, delivered weekly to your inbox.

Subscribe here to get access today.

Source: https://www.cnbc.com/2025/10/23/carmelo-anthony-nba-bets-gambling-pressure.html

Market Opportunity
RISE Logo
RISE Price(RISE)
$0,003197
$0,003197$0,003197
-%1,29
USD
RISE (RISE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Microsoft Corp. $MSFT blue box area offers a buying opportunity

Microsoft Corp. $MSFT blue box area offers a buying opportunity

The post Microsoft Corp. $MSFT blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Microsoft Corp. ($MSFT) through the lens of Elliott Wave Theory. We’ll review how the rally from the April 07, 2025 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. Five wave impulse structure + ABC + WXY correction $MSFT 8H Elliott Wave chart 9.04.2025 In the 8-hour Elliott Wave count from Sep 04, 2025, we saw that $MSFT completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 3 swings and find buyers in the equal legs area between $497.02 and $471.06 This setup aligns with a typical Elliott Wave correction pattern (ABC), in which the market pauses briefly before resuming its primary trend. $MSFT 8H Elliott Wave chart 7.14.2025 The update, 10 days later, shows the stock finding support from the equal legs area as predicted allowing traders to get risk free. The stock is expected to bounce towards 525 – 532 before deciding if the bounce is a connector or the next leg higher. A break into new ATHs will confirm the latter and can see it trade higher towards 570 – 593 area. Until then, traders should get risk free and protect their capital in case of a WXY double correction. Conclusion In conclusion, our Elliott Wave analysis of Microsoft Corp. ($MSFT) suggested that it remains supported against April 07, 2025 lows and bounce from the blue box area. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/microsoft-corp-msft-blue-box-area-offers-a-buying-opportunity-202509171323
Share
BitcoinEthereumNews2025/09/18 03:50
Sunrun Shares Plunge 28% Following Disappointing 2026 Cash Flow Forecast

Sunrun Shares Plunge 28% Following Disappointing 2026 Cash Flow Forecast

Sunrun stock plummeted 28% to $14.74 following weak 2026 cash flow guidance despite Q4 EPS beat. Jefferies downgrades to Hold as capital return hopes fade. The
Share
Blockonomi2026/02/28 00:23
MoonPay and M0 launch pyusdx stablecoin infrastructure platform for application builders

MoonPay and M0 launch pyusdx stablecoin infrastructure platform for application builders

Developers building new financial and crypto experiences can now access the pyusdx stablecoin infrastructure to issue tailored digital dollars backed by PayPal
Share
The Cryptonomist2026/02/27 22:47