The fight card, which will take place at Staples Center in Los Angeles, includes three other matches including one between internet personality Jake Paul and former NBA player Nate Robinson.
DraftKings will offer undercard wagering in seven states while bettors in Illinois, New Hampshire and New Jersey can wager on the main card. The online sports gaming site will also run a free-to-play pool nationally.
Tyson is considered a sizable favorite despite not having boxed professionally since 2006. Jones Jr. last competed in December 2017, when he defeated Scott Sigmon in a unanimous decision.
“Viewers of this fight will be at the forefront of a premier and customer-first event that pits two generationally dominant boxing talents against one another while also integrating DraftKings branding and exclusive sportsbook data for a seamless second-screen experience,” said Ezra Kucharz, chief business officer at DraftKings. “Sports betting technology has evolved exponentially since Mike Tyson or Roy Jones Jr. were crowned world champions, so seeing these legends now clash within this innovative era of our industry is something special.”
The four-hour event will be hosted by Mario Lopez and broadcast on Pay-Per-View for $49.99.