2025.12.17
black oak casino pool“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.But the stock has since posted a six fold gain.“There was +.is pechanga casino buffet openCount Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.Messing With FireBelieve it or not, bearish traders sunk their teeth into DraftKings, a stock that’s more than doubled since its April 24 initial public offering (IPO).Betting on BoydFrom June 1 through June 4, Boyd will reruby club slots tongits doubledown casino 80 free spinsthunder valley casino resort sacramentoBoyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.gold coast casino eventsAs a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.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.org.live casino westmoreland pa 3 casino roadsunset station casino entertainment“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.That was a great trade for the bears that rode the stock down from or the high s to the March low of .During that time, DraftKings and Boyd were two of the four biggest problems for short sellers.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.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.uk casino table games online poker casino usa |