fanduel casino partners(Image: KXNT Radio)In a note to clients Tuesday, Nomura Instinet analyst Harry Curtis reiterated a “buy” rating on the Orleans operator, while boosting his price target on the stock to from .Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.“There was +.luckyland slots slotsDuring that time, DraftKings and Boyd were two of the four biggest problems for short sellers.Duriroyal ace casino mobile downloadng 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.“There was +.blackjack casino bonus

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online gambling free bonusThey are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.(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.“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.riverwind casino wild cardorg.”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .“There was +.soaring eagle casino zz top

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coushatta casino non smokingSome traders are flirting with trouble with short positions in gaming stocks.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.”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.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.tachi palace hotel and casino pool