Jones pled guilty at two separate hearings
Jones stood up and
admitted guilt
in two different courtrooms on the separate charges he was facing. He read from a prepared statement in making both pleas.
"I used insider information that I obtained as a result of my relationships as a former player," Jones read from his statement. "I would like to sincerely apologize to the court, my family, my peers and also the National Basketball Association."
The first charge involved Jones, who was an assistant coach with the Los Angeles Lakers at the time, tipping off bettors with insider information. Jones provided bettors with nonpublic information about specific injuries to a variety of star NBA players between December 2022 and March 2024. Those bettors then placed fraudulent bets, earning hundreds of thousands of dollars in profit.
Jones served as a face card at underground card tables in Miami and the Hamptons. He utilized his celebrity to lure unsuspecting victims into fixed poker schemes that stole millions. Estimates are that $10 million was lost by victims through both of these schemes.
“As shown by his guilty pleas, Damon Jones converted his fame and ties to professional basketball into a multi-faceted criminal betting operation," United States Attorney Joseph Nocella Jr. said in a statement. "He used private locker room and medical information from multiple NBA teams to cheat legitimate sportsbooks. He also, separately, lured unsuspecting victims to high-stakes, rigged poker games.”
Ex-NBA player could serve years in prison
Jones will face sentencing on both charges on January 6. Judge LaShann DeArcy Hall will rule in the sports betting case. He will be before Judge Ramon Reyes in the rigged poker games case.
On the first charge, sentencing guidelines call for between 21 and 27 months of prison time. As for the rigged poker games charge, guidelines call for Jones to be facing anywhere from 63 to 78 months in prison. However, prosecutors agreed to reduce the sentence by 15 months in exchange for the guilty plea from Jones.
Former NBA guard Terry Rozier was in court this week seeking to have the illegal gambling charges he's facing from the same ring dismissed. Instead, he learned that more charges against him could be forthcoming.
Federal prosecutors informed Rozier's legal team that a grand jury has been convened to consider further charges against Rozier. He's already facing conspiracy charges involving wire fraud and money laundering. Rozier pleaded not guilty to all charges.
Rozier is accused of tipping off bettors that he planned to leave a March 2023 game early while playing for the Charlotte Hornets. The gamblers then bet large sums on the under in prop bets on Rozier’s stats for that game.
4.8
/ 5
betting.net™ Rating
BetMGM Review
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
20+ sports available for wagering
Pre-match and in-play betting
Unique features like live streaming and boosted odds
Promo Code:
BETBONUSMGM
Bet Now
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
4.8
/ 5
betting.net™ Rating
Top Features
- 20+ sports available for wagering
- Pre-match and in-play betting
- Unique features like live streaming and boosted odds
Cashout
yes
Live Streams
yes
Mobile Statistics
yes
Bet Now
Gambling problem? Call 1-800-GAMBLER or 1-800-MY-RESET (Available in the US) 877-8-HOPENY or text HOPENY (467369) (NY) 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-981-0023 (PR). 21+ only. Please Gamble Responsibly. See BetMGM.com for Terms. First Bet Offer for new customers only (if applicable). Subject to eligibility requirements. Bonus bets are non-withdrawable. In partnership with Kansas Crossing Casino and Hotel. Promotional offers not available in Mississippi, New York, Ontario, or Puerto Rico.
4.7
/ 5
betting.net™ Rating
Over 20 sports
Extensive betting markets
Live betting feature
Bet Now
Find out more on bet365's website
Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.
4.7
/ 5
betting.net™ Rating
Top Features
- Over 20 sports
- Extensive betting markets
- Live betting feature
Cashout
yes
Partial Cashout
yes
Live Streams
yes
Bet Now
Whatever the moment. It's Never Ordinary at bet365. That's why if you sign up now you will receive $150 in Bonus Bets Win or Lose when you bet $5! Minimum $10 deposit required. Minimum odds -500 or greater. Bonus Bets wager excluded from returns. New customers only. T&CS, time limits and exclusions apply.GAMBLING PROBLEM? CALL 1-800-MY-RESET. 21+ (AZ/CO/IL/IN/KS/KY/LA/MD/NC/NJ/OH/PA/TN/VA) or 1-800-BETS OFF (IA). 21+ (18+ KY). Must be present in AZ/CO/IA/IL/IN/KS/KY/LA (select parishes)/MD/NC/NJ/OH/PA/TN/VA.
4.7
/ 5
betting.net™ Rating
FanDuel Review
New Users – Bet $5 Get $200 in Bet Reset Tokens for 5 Days
Deep market coverage across major U.S. sports and leagues
Same Game Parlay builder is fast and easy to use
Live betting interface updates quickly with real-time odds
Bet Now
Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-HOPENY or text HOPENY (467369) (NY). 21+ (18+ DC, IA, KY, WV) only. New users only or text HOPENY (467369) (NY). Casino, First online real money wager only. $5 first deposit required. Min $5 wager required for 5 consecutive days. Bonus issued as non-withdrawable Bet Reset tokens. Refund from token issued as nonwithdrawable bonus bet that expire 7 days after receipt. Max refund $200 per day. Restrictions apply, including token expiration. See full terms at fanduel.com/sportsbook. Call 1-877-770-7867 (LA).
4.7
/ 5
betting.net™ Rating
Top Features
- Deep market coverage across major U.S. sports and leagues
- Same Game Parlay builder is fast and easy to use
- Live betting interface updates quickly with real-time odds
Cashout
yes
Live Streams
yes
Mobile Statistics
yes
Bet Now
Gambling Problem? Call 1-800-GAMBLER or 1-800-MY-RESET. Call 1-888-789-7777 or visit ccpg.org/chat (CT). Hope is here. GamblingHelplineMA.org or call (800) 327-5050 for 24/7 support (MA). Visit www.mdgamblinghelp.org (MD). Call 1-877-HOPENY or text HOPENY (467369) (NY). 21+ (18+ DC, IA, KY, WV) only. New users only or text HOPENY (467369) (NY). Casino, First online real money wager only. $5 first deposit required. Min $5 wager required for 5 consecutive days. Bonus issued as non-withdrawable Bet Reset tokens. Refund from token issued as nonwithdrawable bonus bet that expire 7 days after receipt. Max refund $200 per day. Restrictions apply, including token expiration. See full terms at fanduel.com/sportsbook. Call 1-877-770-7867 (LA).
Related Articles on betting.net™