Michael Burry has bought shares of Flutter Entertainment and DraftKings, betting that regulatory scrutiny will eventually limit the competitive threat from prediction markets. The move suggests a bullish view on regulated sports-betting operators, though no financial results or pricing-impact figures were provided.
Michael Burry has bought shares of Flutter Entertainment and DraftKings, betting that regulatory scrutiny will eventually limit the competitive threat from prediction markets. The move suggests a bullish view on regulated sports-betting operators, though no financial results or pricing-impact figures were provided.
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mildly positive
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0.12
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