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desert diamond casino west valley poker roomDerek Stevens, the owner of Circa Sports, the D Las Vegas, and the Golden Gate Hotel & Casino, is buying 1,000 seats on various airlines from a slew of cities to get folks back to Sin City.As gaming stocks were being drubbed in March due to the coronavirus pandemic, a trader stepped into Eldorado June calls, buying 2,000 contracts at prices ranging from .Southwest is the largest carrier offering Sin City flights, while Allegiant is the lone member of the industry based in the gaming hub.ruby slots freeNot the Only OneThe aforementioned trade in ERI options wasn’t the only one of note in recent weeks.The airline industry, probably even more so than its gaming counterpart, is being punished by the COVID-19 pandemic.5 times their purchase price.slot machine casino problems seneca niagara casino slotsis turtle lake casino closed due to coronavirusSome traders made a mint on the Eldorado stock surge.“We’re just trying to do our share to keep America flyin’, keep Las Vegas rollin’,” he said in the video.With Eldorado Resorts (NASDAQ:ERI) stock in the midst of a stunning reversal off its March lows, the real jackpot winners are options traders, not gamblers visiting the company’s casinos.running aces casino minnesotaThat’s reflected in Stevens’ offering, as just two of the cities on the list – Phoenix and San Diego – are manageable drives to Las Vegas.(Image: Wall Street Journal)Options market data indicates some traders were prescient enough to bet on the regional gaming name when it was hovering near its March nadir, a wager that’s since been handsomely rewarded.Calls are the contracts market participants purchase when making bullish trades, while puts are the instrujamul casino resortments used to wager on lower prices in the underlying security.online casinos that pay real cash cashman casino 2021casino extreme codes 2020Additionally, even higher-end integrated resorts, such as Bellagio, Cosmopolitan, and Wynn, will offer steep discounts on rooms to lure back travelers.I want to welcome you back to Las Vegas, and in doing so, we’re buying 1,000 flights from various cities around the country on a number of airlines,” said Stevens.The Transportation Security Administration (TSA) reported a big jump in the number of daily commercial air passengers last week (last week of April),” according to Global Investors.Options are leveraged bets on an underlying security.Some traders made a mint on the Eldorado stock surge.“We’re just trying to do our share to keep America flyin’, keep Las Vegas rollin’,” he said in the video.valley forge casino the vault cliff castle casino non smoking |