A wide investigation into suspicious betting activity connected to Fresno State men’s basketball has resulted in one arrest, with Nevada authorities warning that more charges could still follow.
Insider Knowledge for Prop Bets
The Nevada Gaming Control Board confirmed late Thursday, June 11, that it has concluded its probe into unusual wagering patterns linked to several games during the 2024–25 college basketball season.
Investigators say they uncovered evidence of an alleged scheme involving individuals connected to college basketball programs who used inside information to profit from prop bets.
According to regulators, the focus of the operation was on wagers placed with prior knowledge that a player would deliberately underperform during games. The activity first came to light after a Nevada sportsbook detected irregular betting behavior and alerted authorities.
The case had already been under scrutiny earlier in the year following an NCAA investigation into betting violations.
In September, the NCAA issued bans to former players Mykell Robinson, Steven Vasquez, and Jalen Weaver, finding that they had placed bets on games involving their own teams at Fresno State and San Jose State.
The NCAA also said the players shared sensitive information that helped others place bets, and that, in some instances, performance on the court was intentionally manipulated to influence outcomes.
Nevada investigators say they collected evidence using subpoenas, financial records, phone records, sportsbook reports, and cooperation with the NCAA.
Fraud, Conspiracy to Cheat, and Money Laundering
The evidence helped them establish probable cause that multiple individuals worked together to profit from wagers tied to a Fresno State player’s performance in a January 7, 2025, game.
One suspect was arrested on May 5 and booked into the Clark County Detention Center. That person faces charges including fraud, conspiracy to cheat at gambling, and conspiracy to launder money.
Officials have not released the individual’s name, and say the investigation is still active. They also confirmed that further arrests and charges are expected as the case develops.
The Nevada Gaming Control Board said it is withholding additional details to avoid compromising the ongoing investigation.
Board chair Mike Dreitzer stressed that regulators will stay focused on protecting the integrity of regulated sports betting while continuing to pursue anyone involved in conduct that undermines public trust.