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Cantillon Capital Management LLC lessened its stake in shares of Flutter Entertainment PLC (NYSE: FLUT) by 39.2% in the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,375,776 shares of the company's stock after selling 888,249 shares during the period. Cantillon Capital Management LLC owned about
The new executives will lead key operational and people initiatives as Lotto.com continues to expand its digital lottery platform across North America The new executives will lead key operational and people initiatives as Lotto.com continues to expand its digital lottery platform across North America
At first, I was a bit skeptical of the barrage of bearish bets placed by Dr. Michael Burry, the man made famous by The Big Short film.
Investor Michael Burry made hundreds of millions of dollars as the Great Financial Crisis unfolded by shorting subprime mortgages. This would lead to his eventual portrayal in the film “The Big Short," positioning him as a famed investor.
FanDuel, a sports betting app, is being sued for allegedly using VIP perks to deepen customers' gambling addictions. According to the Philadelphia Inquirer, Phillies star and two-time MLB MVP Bryce Harper sent a personalized video message to Terry Thompson, one of two plaintiffs in the case, as part of FanDuel's special treatment for big spenders.
Michael Burry said on Wednesday that he is leaning into sports betting, adding long positions in DraftKings Inc. (NASDAQ:DKNG) and Flutter Entertainment plc (NYSE:FLUT), while cautioning against fast-growing prediction markets.
Michael Burry, the investor famed for predicting and profiting from the 2008 U.S. housing market collapse, has bought shares of sports-betting platforms Flutter Entertainment and DraftKings , wagering regulatory scrutiny will eventually curb the threat posed by prediction markets.
Michael Burry of “The Big Short” said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment. He said Wednesday that he bought a full-sized position split roughly 60% in Flutter and 40% in DraftKings.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.