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desert diamond casino covid 19This is the third gun incident on the Strip in several days.Broadly speaking, gaming equities are profitable for short sellers this year, owing in large part to first-quarter slumps prompted by the coronavirus pandemic.“With almost billion of short interest between the two stocks, if a sizable percentage of DKNG and PENN shorts fold, the bid-side price pressure will be significant and be a force in continuing this recent rally.table de poker casino lilleMuch 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).This is one of several gun incidents at casinos on the Strip over the past few days.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.bicycle casino raid

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online yahtzee gamblingLater, she was released.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.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.chukchansi casino membershipSeptember RainToday’s retrenchment notwithstanding, casino equities are performing well in September, erasing some of the profits notched by shorts targeting the sector.In dollar terms, MGM is the most-shorted gaming stock, with .The continued short-covering due to rising mark-to-market losses in DKNG and PENN will help drive their stock prices up,” notes Dusaniwsky.hollywood casino reviews

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luckyland slots and casino(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.“With almost billion of short interest between the two stocks, if a sizable percentage of DKNG and PENN shorts fold, the bid-side price pressure will be significant and be a force in continuing this recent rally.Of the 10 most heavy names in the group, six operate integrated resorts in and around Las Vegas.Of the 10 most heavy names in the group, six operate integrated resorts in and around Las Vegas.(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.“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.resorts casino hotel atlantic city pool

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