chukchansi casino slotsBut recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.“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.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.is mgm casino detroit open todaySome traders are flirting with trouble with short positions in gaming stocks.As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.“PENN” refers to Penn National Gaming (NASDAQ:PENN), a name that Curtis reaffirmed a “buy” rating on last week with a significant, upward price forecast revision.cache creek casino in sacramento

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red stag casino australia limitedBut they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.With 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.gold coast casino mibibippi“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .With 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.restaurants near riverwind casino ok

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slot heart casinoBoyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.d also open as soon as this weekend.”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.borgata casino host phone number