Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

International Business Times UK

Niloy Chakrabarti

THE TRUTH ABOUT: Michael burry bets on beaten down draftkings flutter despite threat from prediction markets | History Defined

Michael Burry DraftKings Flutter Benjamin Graham United States Kalshi Substack

Michael Burry is known for betting against the US real estate market during the 2008 financial crash. (Credit: YouTube Screenshot/60 Minutes)

'The Big Short's' Michael Burry just revealed in a Substack post he opened new positions in sports betting leaders DraftKings and Flutter Entertainment despite the stocks losing 35.8% and 60.9%, respectively, over the past year.

After Burry disclosed his full-sized long positions with a 40% weighting on DraftKings and 60% on Flutter, the stocks rose 1% and 2.7%, respectively, on Wednesday.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Will Pedro Sánchez’s gamble to call snap general election in Spain pay off?

Will Pedro Sánchez’s gamble to call snap general election in Spain pay off?

Spanish PM is hoping to shore up his fragile mandate by tapping into public anger over country’s housing crisis

The Guardian - UK

One in Five Pennsylvania Measles Patients Has Been Hospitalized, About Twice the National Rate, as Adult Cases Dominate

One in Five Pennsylvania Measles Patients Has Been Hospitalized, About Twice the National Rate, as Adult Cases Dominate

Pennsylvania reports 195 measles hospitalizations among 977 cases, about twice the U.S. rate, with adults making up 69% of patients.

Christa Pike’s lawyers had warned execution would be ‘difficult and perhaps cruel’ due to her veins

Christa Pike’s lawyers had warned execution would be ‘difficult and perhaps cruel’ due to her veins

Ex-lawyer for woman Tennessee attempted to execute says defense filings said she was at risk for ‘exactly what happened’

The Guardian - US

Trump heads to Nebraska in attempt to shore up GOP’s midterm vote – US politics live

Trump heads to Nebraska in attempt to shore up GOP’s midterm vote – US politics live

President to visit Grand Island as his plan to allow more foreign beef imports proves unpopular in agriculture-rich state

The Guardian - UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Catholic priest given life sentence for sexual assault in Texas found to have neglected daughter

Catholic priest given life sentence for sexual assault in Texas found to have neglected daughter

Child of Anthony Odiong, born in 2023, did not have car seat while cleric spent $20,000 on phone calls from jail

The Guardian - US

Explaining MLB’s Rules for Domed Stadiums and Retractable Roofs

Explaining MLB’s Rules for Domed Stadiums and Retractable Roofs

After Saturday night’s bizarre incident involving Ty France and the roof at American Family Field, here’s a quick refresher on MLB’s rules regarding domed stadiums, or stadiums with retractable roofs.

Sports Illustrated

Related Stories

Top stories on inkl right now

Will Pedro Sánchez’s gamble to call snap general election in Spain pay off?

Will Pedro Sánchez’s gamble to call snap general election in Spain pay off?

Spanish PM is hoping to shore up his fragile mandate by tapping into public anger over country’s housing crisis

The Guardian - UK

One in Five Pennsylvania Measles Patients Has Been Hospitalized, About Twice the National Rate, as Adult Cases Dominate

One in Five Pennsylvania Measles Patients Has Been Hospitalized, About Twice the National Rate, as Adult Cases Dominate

Pennsylvania reports 195 measles hospitalizations among 977 cases, about twice the U.S. rate, with adults making up 69% of patients.

Christa Pike’s lawyers had warned execution would be ‘difficult and perhaps cruel’ due to her veins

Christa Pike’s lawyers had warned execution would be ‘difficult and perhaps cruel’ due to her veins

Ex-lawyer for woman Tennessee attempted to execute says defense filings said she was at risk for ‘exactly what happened’

The Guardian - US

Trump heads to Nebraska in attempt to shore up GOP’s midterm vote – US politics live

Trump heads to Nebraska in attempt to shore up GOP’s midterm vote – US politics live

President to visit Grand Island as his plan to allow more foreign beef imports proves unpopular in agriculture-rich state

The Guardian - UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Catholic priest given life sentence for sexual assault in Texas found to have neglected daughter

Catholic priest given life sentence for sexual assault in Texas found to have neglected daughter

Child of Anthony Odiong, born in 2023, did not have car seat while cleric spent $20,000 on phone calls from jail

The Guardian - US

Explaining MLB’s Rules for Domed Stadiums and Retractable Roofs

Explaining MLB’s Rules for Domed Stadiums and Retractable Roofs

After Saturday night’s bizarre incident involving Ty France and the roof at American Family Field, here’s a quick refresher on MLB’s rules regarding domed stadiums, or stadiums with retractable roofs.

Sports Illustrated

Our Picks

‘Avengers: Endgame’ is the biggest movie ever again, 7 years later—and it says a lot about the future of Hollywood’s IP machine

Disney’s 7-year-old ‘Avengers: Endgame’ just grossed $126 million in a rerelease and retook the box office crown from ‘Avatar’.

New James Bond film reportedly wants House of the Dragon star for villain role

British actor could be swapping one bad guy role for another

The Independent UK

MS Now connects ‘blue dots’ at Texas fan event: ‘I always feel hope when I watch them’

Network at receiving end of White House press ban recently chose red state to host fan event as part of broader outreach

The Guardian - US

'Cookie's Bustle' Is Back in the Spotlight After 25 Years of Mystery

"Cookie's Bustle" returns to the spotlight as its 25th anniversary, lost history, and copyright battle fuel speculation about its future.

Karl review – straightforward tribute tells inside story of fashion world’s great eccentric Karl Lagerfeld

Based on Lagerfeld’s biography, director Nick Hooker gets access to the designer’s inner circle, but ultimately fails to find the man behind the high collar and sunglasses

The Guardian - UK

Malfoid Fan Art Trend Turns Draco Malfoy Into a Bratty Anime Girl With an Incel-Linked Name

A viral Harry Potter fan art trend reimagines Draco Malfoy as a bratty anime girl, while the nickname 'Malfoid' draws attention for its incel-linked origins.

International Business Times UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play