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Federal investigators probe suspected NCAA basketball betting syndicate in Mississippi

Enforcement & compliance

The FBI has interviewed college athletes as it investigates suspicious betting linked to at least 10 NCAA basketball games involving five teams between December and January last season, according to reports. Sportsbooks including FanDuel, BetMGM and Caesars flagged activity, and a Caesars representative identified Marves Fairley as a suspected organiser; Fairley denies wrongdoing and has not been charged.

The investigation places scrutiny on suspicious betting controls at sportsbooks and casinos named in the reported activity.

End-of-day close Caesars Entertainment (CZR), USD, to 4 December 2025
Story date5 September 20254 December 2025

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