free spins drake casinoMuch of that stems from operators with Las Vegas Strip exposure, including Caesars Entertainment (NASDAQ:CZR), MGM Resorts International (NYSE:MGM), Las Vegas Sands (NYSE:LVS), and Wynn Resorts (NASDAQ:WYNN).September RainToday’s retrenchment notwithstanding, casino equities are performing well in September, erasing some of the profits notched by shorts targeting the sector.But DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) are among the names making life uncomfortable for bearish traders.santa ana casino concerts53 billion, according to S3 Partners data.17, 7.17, 7.2020 desert diamond casino west valley 200

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free casino slot games bonus rounds“PENN shorts have been reducing their bets since late May, buying to cover 11 million shares, a -44% decrease in shares shorted, as its stock price rose +115%,” the note continued.But we’ve seen short sellers taking off some of their bets since mid-August, with 3 million short shares cover, a decrease of -14%, as its stock price rallied +51%,” said S3 Partners Managing Director Ihor Dusaniwsky in a recent note.“With almost billion of short interest between the two stocks, if a sizable percentage of DKNG and PENN shorts fold, the bid-side price pressure will be significant and be a force in continuing this recent rally.turtle creek casino poolOne woman was grazed in the incident and taken to a hospital with a minor injury.Short positions launched in those names earlier this year are still profitable, according to S3 data.Bearish traders are getting worried about exposure to DraftKings and Penn National Gaming.free online poker bot

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chumba casino 1 for 1002 billion of bearish positioning.Bearish traders are getting worried about exposure to DraftKings and Penn National Gaming.17, 7.DKNG shares shorted have been relatively stable since the beginning of July.While bearish traders remain steadfast in their views against some traditional gaming names, sports betting mania is forcing them to reduce exposure to DraftKings and Penn.Much of that stems from operators with Las Vegas Strip exposure, including Caesars Entertainment (NASDAQ:CZR), MGM Resorts International (NYSE:MGM), Las Vegas Sands (NYSE:LVS), and Wynn Resorts (NASDAQ:WYNN).winstar world casino hr department