2025.12.16
caesar casino bonus codeWith stay-at- home directives now largely lifted, a slew of regional casinos open, and Nevada gaming properties joining the fun on June 4, being bearish on gaming stocks carries immense near-term risk.“DraftKings (DKNG) saw the largest change in short seller sentiment, with short selling turning into short covering by the end of the May,” said Dusaniwsky.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.blackjack online strategy10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.Short sellers have lately begun trimming their exposure in the sector, after having shorted the sector heavily during the stay-at-home policies brought about by the Covid-19 pandemic,” said S3 Partners Managing Director Ihor Dusaniwsky in a note obtained by Casino.As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.sunset station casino dining raging bull casino deposit codespoker winning cardBut they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.40 billion stack of chips,” adds Dusaniwsky.riverwind casino hotel in norman oklahomaHe cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.(Image: KXNT Radio)In a note to clients Tuesday, Nomura Instinet analyst Harry Curtis reiterated a “buy” rating on the Orleans operator, while boosting his price target on the stock to from .”Other companies with sports betting exposure, including Churchill Downs and Boyd Gaming, are experiencing short covering, though the catalyst with Boyd may be more about the company’s Louisiana and Mississippi venues reopening last month, and nine of its 12 Las Vegas properties slated to do so on Thursday.paragon casino bus trips from houston real cash online casinosdraftkings casino st louis10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.There is some data suggesting short sellers in gaming stocks got a little too greedy.d also open as soon as this weekend.40 billion stack of chips,” adds Dusaniwsky.d also open as soon as this weekend.Betting on BoydFrom June 1 through June 4, Boyd will reis live casino in greensburg open draftkings casino texas |