Short sellers report $2.3bn in paper gains from gambling stocks in 2026
Short sellers have recorded at least $2.3 billion in paper gains from online gambling stocks during 2026, reportedly, as share prices fell. The reported estimate includes about $2 billion from Flutter’s decline and $351 million from positions against DraftKings; the figures are estimates rather than realised returns.
The reported gains and share-price falls indicate investor pressure across several listed gambling companies.