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Your browser is: Explorer 11.0. This browser is out of date so some features on this site might break. Try a different browser or update this browser. Learn more.✕ Business of Sports:NBA Gambling ScandalFirst Soccer BillionairePrivate Equity OwnersNHL Prediction Market DealBuying an NFL TeamMLB’s $10 Billion ManIndustriesSportsEmmanuel Clase celebrates the a win over the Athletics at Progressive Field in Cleveland, Ohio, on July 18.Photographer: Nick Cammett/Getty ImagesContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowBy Patricia HurtadoNovember 9, 2025 at 9:05 PM GMT+1Updated on November 9, 2025 at 9:40 PM GMT+1Takeaways by Bloomberg AISubscribeTwo Cleveland Guardians pitchers have been indicted on federal charges accusing them of engaging in a scheme to rig sports bets based on pitches they threw during Major League Baseball games. Emmanuel Clase de la Cruz and Luis Leandro Ortiz Ribera were named in an indictment unsealed Sunday in federal court in Brooklyn. Ortiz was arrested at Logan Airport in Boston Sunday morning while Clase is not currently in custody, said John Marzulli, a spokesman for Brooklyn US Attorney Joseph Nocella. Before it's here, it's on the Bloomberg TerminalBloomberg Terminal LEARN MOREMore From BloombergSports Market ProphetX Seeks US Oversight to Expand NationwideApollo Joins Rivals Buying Sports Teams in Atlético Madrid DealNBA Invests in Startup Using AI to Make Scheduling Games EasierThe Real Culprits Behind the Disney-YouTube TV Sports BlackoutApplied Nutrition CEO Targets Market Share Wins in Protein GoodsTop ReadsThe Chatbot Delusions: Is AI Contributing to a Novel Mental Health Crisis?by Ellen Huet and Rachel MetzWall Street to Speed Up India Hiring on Trump’s H-1B Visa Curbsby Saikat Das, Siddhi Nayak, Ruchi Bhatia and Chanyaporn ChanjaroenTricolor’s Frantic Final Days Began With a Call From JPMorganby Isabella Farr, Scott Carpenter, Paige Smith and Josyana JoshuaHow an $11 Billion Beauty Company Built a Suburban Empireby Amanda MullHomeBTV+Market DataOpinionAudioOriginalsMagazineEventsNewsMarketsEconomicsTechnologyPoliticsGreenCryptoAIWork & LifeWealthPursuitsBusinessweekCityLabSportsEqualityManagement & WorkMarket DataStocksCommoditiesRates & BondsCurrenciesFuturesSectorsEconomic CalendarExploreNewslettersExplainersPointed News QuizAlphadots GameThe Big TakeGraphicsSubmit a TipAbout UsTerms of ServiceTrademarksPrivacy PolicyCareersAdvertiseAd ChoicesHelp©2025 Bloomberg L.P. All Rights Reserved.
