jamul casino chinese foodBut 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.September RainToday’s retrenchment notwithstanding, casino equities are performing well in September, erasing some of the profits notched by shorts targeting the sector.(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 .peppermill casino history“If this trend continues, short sellers will be in the red for the year by the end of the month.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).17, 7.sycuan casino twitter

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draftkings casino ohioBearish traders are getting worried about exposure to DraftKings and Penn National Gaming.“PENN shorts have been reducing their bets since late May, buying to cover 11 million shares, a -44% decrease in shares shorted, as its stock price rose +115%,” the note continued.“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.morongo casino new yearsPeople posting on social media sites claimed the shooting involved a birthday party for 29-year-old rapper MoneyBatwin river casino vip loungegg Yo, though police did not confirm this information, according to the Las Vegas Review-Journal.Bearish traders are getting worried about exposure to DraftKings and Penn National Gaming.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.four winds casinos

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draftkings casino sign upMuch 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).02 billion of bearish positioning.”This is one of several gun incidents at casinos on the Strip over the past few days.“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.The continued short-covering due to rising mark-to-market losses in DKNG and PENN will help drive their stock prices up,” notes Dusaniwsky.free spins cool cat casino