Paragon Casino Marketplace Buffet Menu  sellers. Surprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI). island resort and casino employment That was a great trade for the bears that rode the stock down from or the high s to the March low of . But the stock has since posted a six fold gain. oxford casino in maine Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally. when will tachi palace casino reopen As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data. viejas casino hours In dollar terms, that’s nearly 0 billion.

As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent. Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows. Boyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos. Las Vegas reopening is just one reason to like Boyd Gaming stock. online slots real money india Regional restarts help, too, says an analyst. (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 . cool cat casino games Shares of Boyd trade at at this writing.

Key Insights and Expert Analysis

Recently, Curtis is consistently endorsing regional gaming equities, a thesis that’s bearing fruit as casinos in the Midwest and South come back online following the coronavirus shutdown that spanned roughly twosam s town hotel casino shreveport expedia months. During 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. riversweeps online casino app 9 masks best online casino bet Borgata Casino Welcome Bonus Code Jevj “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. bellagio casino video He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports. Betting on BoydFrom June 1 through June 4, Boyd will reopen 13 of its gaming properties, including nine in Las Vegas. The company owns and operates a dozen Sin City venues, and previously said the East Side Cannery, Eldorado, and Main Street Station will restart after June 4. Brian Christopher Slots App Wecg But a specific date for those properties wasn’t provided. aliante casino and hotel black bear casino blackjack valley forge casino bar

In broad fashion, investors are displaying enthusiasm for casino reopenings. That’s highlighted by Boyd stock being higher by more than 32 percent over the past month, and having more than tripled off its 52-week low. The company operates 29 casinos in 10 states, and investors bid the stock higher amid reopenings of Boyd’s Louisiana and Mississippi venues, among others. “Since the first regional casinos in MS and LA reopened nearly two weeks ago, both stocks have outperformed the 7% recovery in the S&P, with PENN + ~80% and BYD +37%,” said Curtis, the Instinet analyst. casinohack.xyz big fish casino “Last week, we called out the strengths of PENN again, and we lifted our estimates and target price. This weeksam s town hotel casino shreveport expedia, we do the same for BYD. ”More NewsBoyd owns a total of seven gaming properties in Louisiana and Mississippi.

On Monday, the company’s Ameristar St. mountaineer casino twitter how to win on roulette table Charles and Ameristar Kansas City in Missouri, and the Diamond Jo Dubuque and Diamond Jo Worth in Iowa reopened. Black Oak Casino Deals Odhy Accounting for the nine reopenings in Las Vegas happening on Thursday, 21 of Boyd’s 29 casinos will be open for business by the end of this week. Indiana, where the company runs the Belterra and Blue Chip, is slated to reopen gaming venues in mid-June. However, it’s not all good news for Boyd and some competitors. Casino Mgm 999 Erzu Confirming that the coronavirus shutdown was a major blow to the domestic gaming industry, Boyd notified brian christopher slots earnings