riverwind casino hotel(Image: Reuters)With shelter-in-place policies and casino shutdowns the orders of the day starting in March, shorting gaming equities became one of 2020’s easiest and most profitable trades…until it wasn’t.Some traders are flirting with trouble with short positions in gaming stocks.Regional restarts help, too, says an analyst.free slots jackpot block partyDuricache creek casino yelpng the COVID crisis, we have recommended that investors in US Gaming BUY two stocks ahead of regional casinos’ reopening, BYD and PENN,” said the Instinet analyst.Regional restarts help, too, says an analyst.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).resorts casino directions

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coushatta casino senior dayShort 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.”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.Duricache creek casino yelpng the COVID crisis, we have recommended that investors in US Gaming BUY two stocks ahead of regional casinos’ reopening, BYD and PENN,” said the Instinet analyst.bovada casino rtpThey are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.gold coast casino keno

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free slots monopoly”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.“There was +.“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.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.During that time, DraftKings and Boyd were two of the four biggest problems for short sellers.“There was +.ruby slots 100 free spins