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Former NBA players indicted for alleged sports gambling scheme

Former NBA players indicted for alleged sports gambling scheme

Summary

Former NBA players Malik Beasley and Edward Davis, along with sports agent Paolo Zamorano and others, were charged with taking part in a sports gambling scheme. Beasley was allegedly paid to perform worse or better in certain ways during NBA games so others could place bets using that inside information.

Key Facts

  • Malik Beasley was accused of agreeing to manipulate his game performance in exchange for bribes.
  • Edward Davis shared Beasley’s planned performance changes with co-conspirators.
  • The group placed bets worth hundreds of thousands of dollars based on this inside information.
  • Examples include Beasley underperforming rebounds or points and overperforming rebounds in specific games.
  • The scheme spanned several NBA games in early 2024.
  • Prosecutors say these actions cheated legitimate sportsbooks and harmed the integrity of basketball.
  • Beasley’s attorney said the indictment is not evidence and he maintains innocence.
  • The case is being handled by federal prosecutors in Brooklyn.
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