Malik Beasley Pleads Not Guilty in Federal Player‑Prop Betting Indictment

Overview

• Malik Beasley pleaded not guilty on Wednesday and was released under a $100,000 bond package that requires suretors and surrendering his passport.
• The unsealed Eastern District of New York indictment alleges Beasley altered his on‑court statistics in multiple 2024 Milwaukee Bucks games so co‑conspirators could win targeted player‑prop bets.
• Prosecutors say texts, betting records and financial transfers show former teammate Ed Davis acted as a gatekeeper who passed tips to bettors and reduced or paid off Beasley’s gambling debts.
• Agent Paolo Zamorano and several other people are charged alongside Beasley with conspiracies that include wire fraud, bribery and money laundering and carry decades‑long maximum sentences on top counts.
• The case spotlights vulnerabilities in the fast‑growing player‑prop market because intermediaries can steer wagers by sharing inside information about a player’s planned performance.