Michael Burry expecting predictions downfall as he invests in Flutter and DraftKings

By Patrick Killeen•July 9, 2026

The brief

Popular US investor Michael Burry is placing his bets on the gambling industry in anticipation of a downturn in fortunes for the prediction markets space. Burry, who rose to prominence after heavily profiting from the 2008 US housing crash, told readers of his Substack on Wednesday that he had acquired positions in US…

Original report

SBC News

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