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ruby slots 50With stay-at- home directives now largely lifted, a slew of regional casinos open, and Nevada gaming properties joining the fun on June 4, being bearish on gaming stocks carries immense near-term risk.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).“PENN” refers to Penn National Gaming (NASDAQ:PENN), a name that Curtis reaffirmed a “buy” rating on last week with a significant, upward price forecast revision.pechanga resort casino zoominfoBoyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.With stay-at- home directives now largely lifted, a slew of regional casinos open, and Nevada gaming properties joining the fun on June 4, being bearish on gaming stocks carries immense near-term risk.“DraftKings short sellers had been net short sellers for the first three weeks of last month, adding 3 million of short exposure.chinook winds casino front desk

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black oak casino winners“There was +.That was a great trade for the bears that rode the stock down from or the high s to the March low of .But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.Betting on BoydFrom June 1 through June 4, Boyd will reShares of Boyd trade at at this writing.“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.luckyland slots redemption

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