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

▶ CNBC Markets Jul 8, 2026 2h ago 👁 1 views
Michael Burry bets on sportsbooks DraftKings and Flutter, sees prediction markets curbed by regulation
📋 Article Summary
53 words
The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks. The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks. Read the full story on CNBC Markets via the link below.
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