bovada casino bonusHeading into the ninth month of the year, short-sellers had billion in unrealized profits tied to trades on the gaming sector.One woman was grazed in the incident and taken to a hospital with a minor injury.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.big dollar casino mobile loginShorting those names is akin to playing with fire because the pair are up an average of 44 percent over the past month.se celebrated the NLRB recommendation, and called on Station Casinos to “immediately negotiate and settle a fair contract.But DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN) are among the names making life uncomfortable for bearish traders.mgm grand casino garage height

casino koln blackjack

boomtown casino westbank“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.“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.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.akh h online casinoBearish traders are getting worried about exposure to DraftKings and Penn National Gaming.77 percent for Penn.Broadly speaking, gaming equities are profitable for short sellers this year, owing in large part to first-quarter slumps prompted by the coronavirus pandemic.island resort and casino application

online casino echeck deposit

free slots real money no depositBroadly speaking, gaming equities are profitable for short sellers this year, owing in large part to first-quarter slumps prompted by the coronavirus pandemic.“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.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).People posting on social media sites claimed the shooting involved a birthday party for 29-year-old rapper MoneyBabicycle club casino phone numbergg Yo, though police did not confirm this information, according to the Las Vegas Review-Journal.People posting on social media sites claimed the shooting involved a birthday party for 29-year-old rapper MoneyBabicycle club casino phone numbergg Yo, though police did not confirm this information, according to the Las Vegas Review-Journal.intertops casino australia