Overview
- Federal prosecutors in Brooklyn unsealed an indictment on Monday, June 29, 2026, charging Malik Beasley, Ed Davis and four others with sports bribery, wire fraud conspiracy, honest‑services fraud and money‑laundering conspiracy.
- Prosecutors allege Beasley agreed to underperform or overperform in specific 2023–24 Milwaukee Bucks games so co‑conspirators could place profitable player‑prop wagers, naming games on Jan. 26, Feb. 27, March 10 and March 21, 2024.
- Authorities say Davis acted as a gatekeeper who loaned Beasley money to cover multimillion‑dollar gambling losses and distributed Beasley’s planned performances to bettors according to texts and betting records cited in the indictment.
- Law enforcement arrested Davis and three other co‑defendants on June 29 while Beasley and agent Paolo Zamorano coordinated voluntary surrender; Beasley later pleaded not guilty at arraignment and was released on a $100,000 bond.
- The case deepens a broad federal probe into NBA gambling, raises focus on the vulnerability of player‑prop markets to insider manipulation, and could bring criminal penalties and separate NBA discipline if convictions follow.