Pair of Former Lakers Accused of Illegal Gambling

A pair of former Los Angeles Lakers players were charged with wire fraud conspiracy and bribery in sporting contests by federal prosecutors, according to a report by the Los Angeles Times on Monday. Malik Beasley and Ed Davis were allegedly part of a sports betting scheme that involved at least four other people, including Beasley’s…

How to quit a quarter-trillion-dollar gambling habit

Since being freed from federal bans, gambling sites like DraftKings and Kalshi have become an inescapable part of every sporting event. (Photo by Aaron M. Sprecher/Getty Images) Americans are on track to gamble away a record-high quarter-trillion dollars this year. Since the Supreme Court stripped away federal bans on sports gambling, regulators have behaved like…

We Read The Full Malik Beasley Gambling Indictment. Here Are The 7 Most Shocking Allegations

Yesterday, prosecutors with the U.S. Attorney’s Office for the Eastern District of New York unsealed a federal indictment against former NBA players Malik Beasley and Ed Davis, along with four other defendants, in connection with an alleged sports-betting scheme tied to Beasley’s individual prop bets during the 2023-24 NBA season. Davis, who was Beasley’s teammate…