Michael Burry Bets on Sportsbooks DraftKings and Flutter, Sending Stocks Higher After-Hours
Michael Burry has initiated long positions in DraftKings and Flutter Entertainment, wagering that the competition from prediction markets will fade.
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Prediction Markets Are Seeing More Cases Of Insider Information Trades. Big Banks Taking Action
Some Wall Street Banks have added rules preventing their employees from making bets on prediction-market websites.
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