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Former NBA Player Damon Jones Pleads Guilty to $10M Sports Betting & Poker Scams

Former NBA player Damon Jones pleads guilty to $10 million sports betting and poker scams

The guilty plea — quick and sober

Damon Jones, a former NBA vet who bounced around the league for 11 seasons and 10 teams, admitted in a Brooklyn federal courtroom that he played a role in two schemes tied to sports betting and rigged poker. He pleaded guilty to two counts of wire fraud conspiracy, and the federal government says the scams together raked in more than $10 million.

What he confessed to

Jones acknowledged he supplied inside information from his NBA connections to bettors and helped set up poker games where the deck wasn’t exactly honest. At the hearing he appeared subdued, answered the judge’s questions, and expressed regret for his part in it all.

The two schemes, broken down

Authorities say one operation involved selling nonpublic team information to gamblers — for example, tipping bettors about player availability before it became public. Prosecutors point to a February 2023 game as an example, when Jones alerted others that a star player wouldn’t suit up, allowing bettors to position themselves before the news hit the market. The other scheme used Jones’s name and NBA fame to draw wealthy players into poker games that were allegedly fixed so some participants would lose on purpose.

Shades of celebrity and hustle

Jones admitted that being a recognizable former player made him useful to the poker operation — his presence alone helped lure high-stakes gamblers. He also said he knew the games were scripted and that some players were being cheated.

Sentence and consequences

Sentencing was scheduled for January 6. Prosecutors recommended separate prison ranges for the two schemes — a shorter term for the betting scheme and a longer one for the poker scheme — adding up to a substantial potential sentence given the size of the losses.

Part of a larger investigation

Jones’s arrest was one piece of a broader law enforcement sweep into sports wagering and illegal poker that touched NBA-linked figures and organized crime. The probe included multiple defendants, from reputed mob associates to well-known basketball personalities. Some other named figures in the wider investigation have been high-profile, though not all were part of the court proceedings on the day Jones pleaded guilty.

Why this matters

Since the Supreme Court cleared the way for states to legalize sports betting in 2018, the industry has exploded — and so have cases involving insiders who try to exploit confidential information or influence outcomes. Federal prosecutors say operations like the one Jones admitted to undermine legitimate sportsbooks and the integrity of games.

Next steps

Court records also show at least one co-defendant in related cases plans to enter guilty pleas. As this saga moves toward sentencing and potential pleas from others, federal authorities say they’ll keep focusing on those who turn sports fame or locker-room access into a profit machine at the expense of honest wagering.