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cliff castle casino directionsThe Fourth was on a Thursday in 2019, and Atlantic City casinos reported land-based gross gaming revenue (GGR) of more than 7.So do a bunch of young investors with small accounts.Robinhood users pile into DraftKings as the stock soars.riverwind casino careersWall Street loves DraftKings stock.Why It MattersRobinhood’s primary clientele – younger investors – isn’t a secret, and because the app caters to retail market participants, many of which don’t have large accounts, some professional investors look at the platform as a contrarian indicator.That group includes two gaming stocks: MGM Resorts International (NYSE:MGM) at number 41, and Penn National Gaming (NASDAQ:PENN) in the 52nd spot.golden nugget casino host

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keith urban soaring eagle casino resort july 18Said differently, a pro could take the opposite side of popular trades based on the notion that a capital-starved retail investor has reasonable odds of getting the trade wrong.Why It MattersRobinhood’s primary clientele – younger investors – isn’t a secret, and because the app caters to retail market participants, many of which don’t have large accounts, some professional investors look at the platform as a contrarian indicator.Combined, roughly 54,600 users of the brokerage app flocked to those two gaming equities over the past month.Robinhood data confirms that as DraftKings rises, so do the number of users on the platform holding the stock.From May 1 through June, the stock doubled.Robinhood users pile into DraftKings as the stock soars.j casanova hair cream