Former NBA players Malik Beasley, Ed Davis indicted on illegal sports gambling charges
Key Points:
- Malik Beasley and Ed Davis, both NBA veterans, have been federally indicted on charges related to sports gambling and performance manipulation during Beasley's 2023-24 season with the Milwaukee Bucks.
- Prosecutors allege the scheme involved manipulating Beasley's in-game performance in multiple games to benefit bets placed by Beasley, Davis, and associates, including former NBA agent Paolo Zamorano.
- The indictment claims Beasley accrued millions in gambling debt, which Davis helped cover, and that the group placed tens of thousands of dollars in bets on manipulated games.
- Beasley and Davis join a growing list of current and former NBA players charged in a broad investigation into illegal sports gambling and insider information trading, including Terry Rozier and Jontay Porter.
- Beasley has faced financial troubles despite a lucrative NBA career, and the Detroit Pistons rescinded a contract offer after learning of the federal investigation against him.