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Former NBA players Malik Beasley, Ed Davis latest to be charged in gambling scandal

Ex-NBA players Malik Beasley and Ed Davis have been indicted in the latest round of charges in the government's gambling investigation, authorities said Monday.

When he was playing for the Milwaukee Bucks in 2024, Beasley agreed to tailor his performance based on betting trends in those games, prosecutors alleged.

"Bribery and insider betting schemes like this one involving former NBA players and a current NBA player agent who exploited inside NBA information for profit erode the integrity of American sports and victimize the sports-watching public," U.S. Attorney Joseph Nocella Jr. said.

Beasley's attorney was not immediately available for comment. The identity of Davis's lawyer was not immediately known.

Nocella said the scheme involved hundreds of thousands of dollars. Six people were named in the indictment returned in Brooklyn, N.Y. Davis, who has been out of the NBA since 2022, was among those placing bets on Beasley's performance, the indictment states.

In April, former NBA player Damon Jones, 49, became the first person to plead guilty in a gambling sweep that led to the arrests of more than 30 people, including reputed mobsters and other basketball figures.

Jones entered guilty pleas to two counts of conspiracy to commit wire fraud for his role in schemes to defraud major sportsbooks, including DraftKings and FanDuel, and filch millions of dollars from unwitting poker players.

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Jones said he used "insider information" through his relationships in the NBA to gain an edge in sports bets.

Beasley last played for the Detroit Pistons in the 2024-25

Read more on cbc.ca
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