Las Vegas gambler pleads guilty to charges in basketball betting scandals

4 hours ago 2 min read 10
⚡ Sincity Press Brief

Las Vegas gambler Shane Hennen pleaded guilty to charges related to fixing NBA, NCAA and Chinese Basketball Association games through bribery, wire fraud and money laundering.

Las Vegas gambler pleads guilty to charges in basketball betting scandals

Shane Hennen, a Las Vegas gambler also known as 'Sugar Shane,' pleaded guilty Wednesday to charges in Philadelphia related to sports betting schemes involving fixed NBA, NCAA and Chinese Basketball Association games. The 41-year-old, who lives in both Las Vegas and Philadelphia, admitted to bribery in sporting contests, conspiracy to commit wire fraud, conspiracy to commit money laundering, and three counts of wire fraud.

The charges stem from a yearslong scheme to fix basketball games, including recruiting and bribing players to underperform in CBA games during the 2022-2023 season, and later targeting NCAA Division I men’s basketball teams. According to court filings, Hennen’s role involved placing bets and arranging for others to bet against teams whose players had been bribed to shave points.

The NCAA scheme involved more than 39 players across 17 teams who fixed or attempted to fix over 29 games, resulting in more than $3 million in wagers and $1.1 million in losses to sportsbooks. In the NBA portion, conspirators obtained inside information from coaches and players, including Terry Rozier, and used it to win prop bets through a network that included Hennen.

Hennen is scheduled to be sentenced on February 25, 2027, and faces a maximum possible sentence of 125 years in prison. He still faces additional charges in a separate federal probe into rigged poker games involving former NBA players Damon Jones and Chauncey Billups, and alleged Mafia family members, where he was accused of providing cheating technology.

Sources: Las Vegas Review-Journal

Original reporting: Las Vegas Review-Journal →
Up nextDiscipline takes center stage as UNLV prepares for Air Force’s ground attack