New York (AFP) – Former basketball superstar Michael Jordan has taken an equity stake in online betting site DraftKings and will serve as a special advisor to the board, the company announced Wednesday.Jordan, chairman and owner of the Charlotte Hornets NBA team, will garner an unspecified stake in the online sports gambling company.In exchange he will provide “strategic and creative input…. on company strategy, product development, inclusion, equity and belonging” and other initiatives, DraftKings said.Established in 2012, DraftKings initially focused on fantasy sports before expanding into…
NBA
Michael Jordan takes stake in betting site DraftKings
More in NBA
-

GREENSBORO SWARM CROWNED NBA G LEAGUE CHAMPIONS, DEFEAT STOCKTON KINGS, 119-104
STOCKTON, Calif. – The Greensboro Swarm, the NBA G League affiliate of the Charlotte Hornets,...
-

Pistons 118, Hornets 100 — Game recap
Friday, April 10, 2026 | Spectrum Center, Charlotte, N.C. The takeaway: Charlotte had a...
-

NBA: Hornets 122, Timberwolves 108 — Game recap
Sunday, April 5, 2026 | Target Center, Minneapolis The takeaway: Charlotte kept its late-season...
-

NBA: Hornets 129, Pacers 108 — Game recap
Friday, April 3, 2026 | Spectrum Center, Charlotte, N.C. The takeaway: Charlotte kept its...