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

July 8, 2026Source: CNBC0 views

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

Originally reported by CNBC. Read the original article

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