Business

Michael Burry's Investment Strategy

Updated 2026-07-08 19:40 UTC 1 source Neutral

Investor Michael Burry bets on DraftKings and Flutter, predicting that prediction markets will face increased regulation due to competition from new entrants.

Coverage timeline — 1 article
CNBC
The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks.
2026-07-08 19:33 UTC
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