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Sports BettingiGaming Today · 3h ago

Michael Burry Backs Flutter and DraftKings as Sports Betting Stocks Fall Out of Favor

By Mihaela GracaninJuly 14, 2026

The brief

Michael Burry, the investor known for spotting opportunities where others see decline, has shifted part of his portfolio toward two of the biggest names in U.S. sports betting. His latest filings show a clear preference for Flutter Entertainment and DraftKings, even as both companies continue to trade well below the h…

Original report

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