Michael Jordan Boosts His Sportradar Investment
It seems that Michael Jordan, the renowned Chicago Bulls star, is set to increase his investment in Sportradar, a sports betting company.
While specifics have yet to be revealed about the additional investment Jordan is set to make, it was big enough news to cause Sportradar shares to rise on 20th September by 3.4%. Sportradar has announced that Jordan will advise on the American betting market and marketing and product development.
So, Sportradar has snared a major player, at least in terms of name, and if Michael Jordan spots an investment opportunity, others will likely follow where he leads.