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mohegan sun pocono online gamblingBut we’ve seen short sellers taking off some of their bets since mid-August, with 3 million short shares cover, a decrease of -14%, as its stock price rallied +51%,” said S3 Partners Managing Director Ihor Dusaniwsky in a recent note.Short covering is another, because as those namefree slots reddits rise, bearish traders could be compelled to buy back shares, fueling the very rallies that are burning them.Police and emergency vehicles line up outside the Aria Resort and Casino on the Las Vegas Strip after a shooting Tuesday.hollywood casino 500 match“The upward price moves will entice potential long shareholders to buy stock or build their positions, and creates a spiral of long buying pressure, forcing even more shorts out of the trade,” Dusanisky continued.Much of that stems from operators with Las Vegas Strip exposure, including Caesars Entertainment (NASDAQ:CZR), MGM Resorts International (NYSE:MGM), Las Vegas Sands (NYSE:LVS), and Wynn Resorts (NASDAQ:WYNN).“The roulette ball kept hitting double zero for Casino & Gaming short sellers in the month of September, with -2 million of net-of-financing mark-to-market losses in just half the month,” said Dusaniwsky.free slot machines barx

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m casino blackjackBut DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) are among the names making life uncomfortable for bearish traders.In dollar terms, MGM is the most-shorted gaming stock, with .53 billion, according to S3 Partners data.(Image: Business Insider)Short interest across gaming stocks is trending higher since March, when many of the names in the group bottomed, and currently sits at .But we’ve seen short sellers taking off some of their bets since mid-August, with 3 million short shares cover, a decrease of -14%, as its stock price rallied +51%,” said S3 Partners Managing Director Ihor Dusaniwsky in a recent note.While bearish traders remain steadfast in their views against some traditional gaming names, sports betting mania is forcing them to reduce exposure to DraftKings and Penn.no deposit bonus codes for online casinos