NBA players Beasley and Davis indicted on gambling charges

NBA player Malik Beasley and former player Ed Davis were indicted on federal gambling charges Monday, accused of conspiring to manipulate Beasley's on-court performance for betting purposes during the 2023-24 season.

Prosecutors from the U.S. Attorney's Office for the Eastern District of New York allege the scheme was designed to help Beasley pay off millions of dollars in gambling debt. The indictment charges the men with sports bribery, conspiracy to commit wire fraud, honest services fraud, and conspiracy to commit money laundering.

According to the government's case, Beasley, while playing for the Milwaukee Bucks in 2024, agreed to tailor his performance in specific games based on betting trends. Prosecutors identified four targeted games: January 26 against the Cleveland Cavaliers, February 27 against the Charlotte Hornets, March 10 against the Los Angeles Clippers, and March 21 against the Brooklyn Nets. The group allegedly placed prop bets related to Beasley's statistics, such as rebounds. In one instance cited, Beasley secured the rebounds needed for an "over" bet in the final seconds of the Clippers game, but failed to hit an "under" target in the Nets game.