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.
Overview
The investor believes regulators will eventually crack down on prediction markets after competition from the upstarts pressured the stocks of sportsbooks.
Source
Originally published at www.cnbc.com.
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