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running aces casino minnesotaWhile 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.DKNG shares shorted have been relatively stable since the beginning of July.By midday Wednesday, police had not arrested a suspect.seminole casino smoke shop“PENN shorts have been reducing their bets since late May, buying to cover 11 million shares, a -44% decrease in shares shorted, as its stock price rose +115%,” the note continued.The continued short-covering due to rising mark-to-market losses in DKNG and PENN will help drive their stock prices up,” notes Dusaniwsky.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).morongo casino slots live casino games online freehollywood casino dining(Image: Fox5 Vegas)Shots were fired during a dispute in the valet area at the Aria on Tuesday around 11 pm, according to area police.“If this trend continues, short sellers will be in the red for the year by the end of the month.“If this trend continues, short sellers will be in the red for the year by the end of the month.harrah s cherokee casino news”One Twitter user identified as Dorien Grais posted that she heard six gunshots from her 35th-flo3 million followers on his own Instagram page.borgata pa online casino app download free slots 4uonline gambling lBy midday Wednesday, police had not arrested a suspect.Heading into the ninth month of the year, short-sellers had billion in unrealized profits tied to trades on the gaming sector.“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.(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 .“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.”Fuel for the FireThanks to ongoing sports wagering ebullience, DraftKings and Penn enjoy plenty of catalysts to drive those stocks higher.choctaw casino videos clearwater casino rewards |