Former NBA Players Malik Beasley, Ed Davis Indicted in Alleged Betting-Fixing Scheme
Posted on: June 30, 2026, 09:54h.
Last updated on: June 30, 2026, 10:13h.
- Former NBA players Malik Beasley and Ed Davis have been indicted on federal charges tied to an alleged player prop betting scheme
- Beasley alleged to have shared insider information and manipulated his on-court performances, while co-conspirators placed hundreds of thousands of dollars in wagers
- Beasley, who made close to $60 million during his NBA career, was a member of the Milwaukee Bucks at the time
Former National Basketball Association players Malik Beasley and Ed Davis have been indicted by U.S. prosecutors on gambling-related charges, the latest in a line of professional athletes accused of working with gamblers to rig bets.
Rigging Prop Bets
Federal prosecutors in a Brooklyn court yesterday said that Beasley worked directly with Davis on a scheme to manipulate NBA player prop bets.
Beasley and Davis, along with alleged co-conspirators William Brown, Robert Gorodetsky, Ernesto Plascencia and current NBA player agent Paolo Zamorano, were charged with wire fraud conspiracy, bribery in sporting contests, honest services wire fraud conspiracy and money laundering conspiracy, according to a statement issued by the United States Attorney’s Office Eastern District of New York.
Federal Charges Detailed
In three games in 2024, as a member of the Milwaukee Bucks, Beasley was alleged to have told Davis that he would underperform or overperform in points and rebounding in exchange for bribes.
That was information that Davis then passed over to Brown, Gorodetsky, Plascencia, Zamorano and other co-conspirators, who put down bets in the hundreds of thousands, many of which were successful, prosecutors said.
Prosecutors Cite Beasley’s Gambling Losses
“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,” said Joseph Nocella Jr., United States Attorney for the Eastern District of New York.
“Our Office will continue in its strong tradition of holding accountable anyone who seeks to corrupt sports through illegal means.”
Potential Prison Sentences
Prosecutors said that Beasley, despite making nearly $60 million during his NBA career, according to Spotrac, had built up multi-millions in gambling losses. Prosecutor alleged that in exchange for his cooperation the bribes to Beasley typically involved having his gambling debts to Davis reduced or paid off.
“Malik maintains his presumption of innocence throughout this two-year investigation,” said Steven Haney, Besley’s lawyer, in a statement, per Reuters. “We ask that people reserve judgment until all the facts are known.”
If convicted, each defendant faces a maximum sentence of 20 years’ imprisonment on the wire fraud conspiracy counts, 20 years’ imprisonment on the money laundering conspiracy count, and five years’ imprisonment on the bribery in sporting contests count.
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