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Shaquille O’Neal Sells Stake In Sacramento Kings To Become Brand Ambassador For Online Gambling Company

On Monday Shaquille O’Neal announced he was becoming the primary pitchman for online gambling company WynnBET. However, he had to sell his Sacramento Kings stock in order to accept the position.

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Pepsi. Reebok. Cruise line Carnival. Ice Cold. Silver Bond. Buick. that General. Zales… Just a brief rundown of Shaquille O’Neal’s endorsement agreements off the top of my head More than 30 important national brands would be included in a comprehensive list of Shaq’s endorsements. And on Monday, Shaq added WynnBet as a new company to his portfolio. Shaq had to give up one of his other interests, his ownership part in the Sacramento Kings, in order to finalize the agreement.

Shaq will go forward be the organization’s highly recognizable brand ambassador and salesman as it expands to new states and possibly even internationally.

Getty

Getty

For instance, Tilman Fertitta paid $2.2 billion in September 2017 to acquire the Houston Rockets. Tilman’s initial wealth was made possible by the restaurant empire Landry’s. Landry’s acquired Golden Nugget Casinos in 2005. Therefore, wagering on Rockets games was prohibited at Golden Nugget Casinos starting when Tilman became an NBA owner 12 years later. Strangely enough, it was also reported separately on Monday that DraftKings will be purchasing Golden Nugget from Fertitta for $1.56 billion. As a result, Golden Nuggets customers will soon be able to wager on Rockets games.