is black lotus casino real(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 .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).September RainToday’s retrenchment notwithstanding, casino equities are performing well in September, erasing some of the profits notched by shorts targeting the sector.borgata casino hotel”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.02 billion of bearish positioning.twin river jumer casino

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lucky tiger casino bonus ohne einzahlung77 percent for Penn.“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.In dollar terms, MGM is the most-shorted gaming stock, with .cashman casino homeSeptember RainToday’s retrenchment notwithstanding, casino equities are performing well in September, erasing some of the profits notched by shorts targeting the sector.One Twitter user identified as Dorien Grais posted that she heard six gunshots from her 35th-flo“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.mohegan sun casino telephone number

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is live casino in philadelphia openBroadly speaking, gaming equities are profitable for short sellers this year, owing in large part to first-quarter slumps prompted by the coronavirus pandemic.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.By midday Wednesday, police had not arrested a suspect.Short positions launched in those names earlier this year are still profitable, according to S3 data.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.17, 7.when is angel of the winds casino going to reopen