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Spidey Man

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How are they gonna suspend him for buying/getting stocks in a betting company while the league themselves are pushing betting companies :jbhmm:

ESPN should ban Shams and them for spreading rumors, and investigate if they themselves or people close to the
have positions and are engaging in pump and dump schemes

This isn't much different than giving inside information to gamblers. I got no problem with him investing in a gambling company but he shouldn't be doing it as an active player.
 

Harry B

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This isn't much different than giving inside information to gamblers. I got no problem with him investing in a gambling company but he shouldn't be doing it as an active player.
How is it the same?
He hasn’t given any info to anyone.

It’s like saying that stockholders in Nasdaq can’t own any other company, cause it might get bought up and through Nasdaq you can bet on companies doing m&a deals by employing risk arbitrage strategies.
 

Optimus Prime

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NC A&T SU, Hornets, Panthers, North Carolina
BvkxFJF.png

 

Spidey Man

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How is it the same?
He hasn’t given any info to anyone.

It’s like saying that stockholders in Nasdaq can’t own any other company, cause it might get bought up and through Nasdaq you can bet on companies doing m&a deals by employing risk arbitrage strategies.

League has rules in place to keep players from gambling on NBA games. He is benefiting financially from people betting on NBA games. I would have no problem with his investments if he were retired, but he's an active player.
 

Harry B

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League has rules in place to keep players from gambling on NBA games. He is benefiting financially from people betting on NBA games. I would have no problem with his investments if he were retired, but he's an active player.
He’s not gaining anything from any one result, he gains from everything and loses if people gamble less. Just like owning stock in a tv network or radio station.
 
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