island view casino covidBut the stock has since posted a six fold gain.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).(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.drake casino.com10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.Betting on BoydFrom June 1 through June 4, Boyd will refanduel casino table games

the bicycle casino restaurant

hard rock casino gary concerts“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.(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.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).mgm casino connecticutLas Vegas reopening is just one reason to like Boyd Gaming stock.“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.“There was +.intertops casino erfahrungen

foxwoods resort and casino

black oak casino hotels near10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.”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.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.Some traders are flirting with trouble with short positions in gaming stocks.In dollar terms, that’s nearly 0 billion.online casino 2021 no deposit bonus