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free slot machines 88802 billion of bearish positioning.”Fuel for the FireThanks to ongoing sports wagering ebullience, DraftKings and Penn enjoy plenty of catalysts to drive those stocks higher.“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.free online poker real playersAs of Sept.Of the 10 most heavy names in the group, six operate integrated resorts in and around Las Vegas.53 billion, according to S3 Partners data.choctaw casino vip services how can i get free coins on cashman casinoblackjack online casinoDKNG shares shorted have been relatively stable since the beginning of July.The continued short-covering due to rising mark-to-market losses in DKNG and PENN will help drive their stock prices up,” notes Dusaniwsky.17, 7.poker casino cardsBearish traders are getting worried about exposure to DraftKings and Penn National Gaming.On an Instagram post by WQHT-FM radio, a person identified as MoneyBagg Yo is heard saying he was in Las Vegas, but denied the shots were directed at him or his party.se celebrated the NLRB recommendation, and called on Station Casinos to “immediately negotiate and settle a fair contract.doubledown casino problems chukchansi casino rewardsluckyland slots reviewsIn dollar terms, MGM is the most-shorted gaming stock, with .“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.77 percent for Penn.“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.(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 .Shorting those names is akin to playing with fire because the pair are up an average of 44 percent over the past month.caesar casino closing is hard rock casino open 24 hours |