Malik Beasley Agrees to Plead Guilty in NBA Sports Betting Case

This post was originally published on this site

TLDR Former NBA player Malik Beasley has agreed to plead guilty in a federal sports betting case, according to his attorney. Beasley and five others were indicted in June over an alleged plan to manipulate four Milwaukee Bucks games in the 2023-24 season. Prosecutors say Beasley owed millions in gambling debts and told gamblers in advance he would change how he played. Beasley is scheduled to change his plea on Dec. 9 in federal court in Brooklyn. The NBA has told betting partners, including DraftKings and FanDuel, to stop offering some player prop bets this season.

Former NBA player Malik Beasley has agreed to plead guilty in a federal sports betting case. His attorney, Steve Haney, told several media outlets that a plea deal with prosecutors has been finalized.

The terms of the deal were not released. Beasley is expected to change his plea in court in December.

Four Games Allegedly Manipulated

Beasley and five others were indicted in June. Prosecutors allege they ran a scheme to manipulate his performance in four games during the Milwaukee Bucks’ 2023-24 season.

The goal was to help gamblers who were betting on player prop markets. These bets focus on a single player’s statistics rather than the final score.

The others named in the indictment are former NBA player Ed Davis, William Brown, Robert Gorodetsky, Ernesto Plascencia and NBA player agent Paolo Zamorano.

The charges include wire fraud conspiracy, bribery in sporting contests, honest services wire fraud conspiracy and money laundering conspiracy. The case is being handled by the U.S. Attorney’s Office for the Eastern District of New York.

According to the indictment, Beasley had built up millions of dollars in gambling losses. He was allegedly working off that debt as part of the scheme.

Malik Beasley will enter


Continue reading...

Leave a Reply

Your email address will not be published. Required fields are marked *