Former NBA Player Damon Jones Pleads Guilty in Gambling Scandal, Faces Two-Year Sentence
Former NBA player Damon Jones faces two years in jail after guilty plea in gambling case
The Guardian
Image: The Guardian
Damon Jones, a former NBA player and assistant coach, pleaded guilty to conspiracy to commit wire fraud in a gambling case involving insider information about NBA player injuries. He faces up to 27 months in prison and is scheduled for sentencing on January 6, 2027.
- 01Damon Jones pleaded guilty to conspiracy to commit wire fraud.
- 02He faces a maximum sentence of 27 months in prison.
- 03Jones admitted to using insider information about NBA injuries for betting.
- 04He is also charged in a separate case involving rigged poker games.
- 05Jones was part of a larger gambling sweep that arrested over 30 individuals.
Advertisement
In-Article Ad
Damon Jones, a former NBA player and assistant coach, has pleaded guilty to conspiracy to commit wire fraud in a significant gambling case that has implicated over 30 individuals, including mobsters and fellow basketball figures. During a hearing in Brooklyn federal court, the 49-year-old admitted to using insider information regarding NBA player injuries to defraud sports betting companies from December 2022 to March 2024. He expressed remorse, apologizing to the court, his family, and the NBA. Jones faces a potential prison sentence of up to 27 months, with sentencing scheduled for January 6, 2027. Additionally, he agreed to forfeit $35,000. Under bail conditions, he is prohibited from gambling and must obtain court approval for bank transfers exceeding $10,000. Jones is also facing charges related to profiting from rigged poker games, where he allegedly participated in schemes that involved cheating unsuspecting gamblers. His involvement in both the gambling and poker schemes highlights the severe implications of insider trading in sports.
Advertisement
In-Article Ad
Advertisement
In-Article Ad
Reader Poll
Do you think the NBA should implement stricter rules against gambling among players?
Connecting to poll...
More about National Basketball Association
Read the original article
Visit the source for the complete story.



