World Business Report - NBA stars and mafia arrested in illegal gambling crackdown

Download NBA stars and mafia arrested in illegal gambling crackdown

Two leading US basketball figures are among thirty-four people arrested as part of FBI investigations into illegal gambling and the Mafia. The Portland Trail Blazers head coach Chauncey Billups is accused of playing in rigged poker games in New York.

The Russian president, Vladimir Putin, has described this week's new US sanctions on Russia’s two biggest oil companies as an unfriendly act. But at the same time, he's claimed they won't have a substantial impact on Russia's economy.

And we will look at the cost of insurance for museums after the priceless jewels thieves stole from the Louvre museum in a brazen heist this week, which were not privately insured.

(Picture: Miami Heat guard Terry Rozier (2) handles the ball during the second quarter against the Washington Wizards at Capital One Arena in March 31, 2025: Credit: Reggie Hildred-Imagn Images/File Photo)

Published on Thursday, 23rd October 2025.

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