firekeepers casino lansingThis is the third gun incident on the Strip in several days.Broadly speaking, gaming equities are profitable for short sellers this year, owing in large part to first-quarter slumps prompted by the coronavirus pandemic.Bearish traders are getting worried about exposure to DraftKings and Penn National Gaming.bellagio casino roomsBut 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.Shorting those names is akin to playing with fire because the pair are up an average of 44 percent over the past month.Short covering is another, because as those nameblack hawk casino seafood buffets rise, bearish traders could be compelled to buy back shares, fueling the very rallies that are burning them.caesar casino demo slots

online casino qatar

bellagio hotel casino expediaBut DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) are among the names making life uncomfortable for bearish traders.“The roulette ball kept hitting double zero for Casino & Gaming short sellers in the month of September, with -2 million of net-of-financing mark-to-market losses in just half the month,” said Dusaniwsky.”Fuel for the FireThanks to ongoing sports wagering ebullience, DraftKings and Penn enjoy plenty of catalysts to drive those stocks higher.who owns palace station casinoThis is one of several gun incidents at casinos on the Strip over the past few days.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.This is one of several gun incidents at casinos on the Strip over the past few days.live casino map

slot machine casino in sacramento

the hollywood casino amphitheaterPolice and emergency vehicles line up outside the Aria Resort and Casino on the Las Vegas Strip after a shooting Tuesday.3 million followers on his own Instagram page.77 percent for Penn.”Fuel for the FireThanks to ongoing sports wagering ebullience, DraftKings and Penn enjoy plenty of catalysts to drive those stocks higher.One woman was grazed in the incident and taken to a hospital with a minor injury.”nearest casino from our location