Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation

July 8, 2026·Source: CNBC·1 views

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The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks.

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Originally reported by CNBC. Read the original article

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Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation

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