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Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade
July 8 : Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has bought shares of sports-betting platforms Flutter Entertainment and DraftKings, wagering regulatory scrutiny will eventually curb the threat posed by prediction markets.Burry said on Wednesd
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cnbc.com
Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
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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channelnewsasia.com
Michael Burry buys Flutter, DraftKings shares betting prediction-market threat will fade
July 8 : Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has bought shares of sports-betting platforms Flutter…
