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new online casino real money usaWhile 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.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.September RainToday’s retrenchment notwithstanding, casino equities are performing well in September, erasing some of the profits notched by shorts targeting the sector.little river casino app”Bearish traders are getting worried about exposure to DraftKings and Penn National Gaming.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.choctaw casino free gift

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nearest minnesota casinoShort positions launched in those names earlier this year are still profitable, according to S3 data.In dollar terms, MGM is the most-shorted gaming stock, with .DKNG shares shorted have been relatively stable since the beginning of July.Short positions launched in those names earlier this year are still profitable, according to S3 data.Broadly speaking, gaming equities are profitable for short sellers this year, owing in large part to first-quarter slumps prompted by the coronavirus pandemic.September RainToday’s retrenchment notwithstanding, casino equities are performing well in September, erasing some of the profits notched by shorts targeting the sector.liberty slots instant coupon