DraftKings had a big bounce on Wall Street Wednesday on news that basketball legend Michael Jordan is taking an ownership stake in the sports betting site. Jordan is getting stock in DraftKings in exchange for providing ”guidance and strategic advice” to the Boston-based company’s board of directors, the company said. DraftKings did not release details on the size of Jordan’s stake.
Michael Jordan gets stake in DraftKings for advisory role
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| Type: Moneyline – Status: OPEN | |
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