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borgata casino free slot play(Image: Business Insider)Short interest across gaming stocks is trending higher since March, when many of the names in the group bottomed, and currently sits at .“With almost billion of short interest between the two stocks, if a sizable percentage of DKNG and PENN shorts fold, the bid-side price pressure will be significant and be a force in continuing this recent rally.“With almost billion of short interest between the two stocks, if a sizable percentage of DKNG and PENN shorts fold, the bid-side price pressure will be significant and be a force in continuing this recent rally.chumba casino no deposit bonus codes 2019The continued short-covering due to rising mark-to-market losses in DKNG and PENN will help drive their stock prices up,” notes Dusaniwsky.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.But DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) are among the names making life uncomfortable for bearish traders.san manuel casino online gambling

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big dollar casino no deposit bonus april 2020“The upward price moves will entice potential long shareholders to buy stock or build their positions, and creates a spiral of long buying pressure, forcing even more shorts out of the trade,” Dusanisky continued.But DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) are among the names making life uncomfortable for bearish traders.But 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.little river casino miOne person was injured in an overnight shooting at the Aria Resort and Casino on the Las Vegas Strip, police said.“With almost billion of short interest between the two stocks, if a sizable percentage of DKNG and PENN shorts fold, the bid-side price pressure will be significant and be a force in continuing this recent rally.Much of that stems from operators with Las Vegas Strip exposure, including Caesars Entertainment (NASDAQ:CZR), MGM Resorts International (NYSE:MGM), Las Vegas Sands (NYSE:LVS), and Wynn Resorts (NASDAQ:WYNN).online casino visa gift card

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jamul casino job reviewsBut 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.This is one of several gun incidents at casinos on the Strip over the past few days.One Twitter user identified as Dorien Grais posted that she heard six gunshots from her 35th-flo(Image: Fox5 Vegas)Shots were fired during a dispute in the valet area at the Aria on Tuesday around 11 pm, according to area police.“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.ruby slots payouts

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