nearest open casino to my locationThere is some data suggesting short sellers in gaming stocks got a little too greedy.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.Short sellers have lately begun trimming their exposure in the sector, after having shorted the sector heavily during the stay-at-home policies brought about by the Covid-19 pandemic,” said S3 Partners Managing Director Ihor Dusaniwsky in a note obtained by Casino.encore casino texas holdemDuriroyal ace casino mobile downloadng the COVID crisis, we have recommended that investors in US Gaming BUY two stocks ahead of regional casinos’ reopening, BYD and PENN,” said the Instinet analyst.As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.mohegan sun casino rules

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4 card poker winning handsBut they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.In dollar terms, that’s nearly 0 billion.”Other companies with sports betting exposure, including Churchill Downs and Boyd Gaming, are experiencing short covering, though the catalyst with Boyd may be more about the company’s Louisiana and Mississippi venues reopening last month, and nine of its 12 Las Vegas properties slated to do so on Thursday.sunset station casino promotionsSurroyal ace casino mobile downloadprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI).That was a great trade for the bears that rode the stock down from or the high s to the March low of .”Other companies with sports betting exposure, including Churchill Downs and Boyd Gaming, are experiencing short covering, though the catalyst with Boyd may be more about the company’s Louisiana and Mississippi venues reopening last month, and nine of its 12 Las Vegas properties slated to do so on Thursday.black hawk casino colorado weather

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turtle creek casino senior day40 billion stack of chips,” adds Dusaniwsky.40 billion stack of chips,” adds Dusaniwsky.Las Vegas reopening is just one reason to like Boyd Gaming stock.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.With stay-at- home directives now largely lifted, a slew of regional casinos open, and Nevada gaming properties joining the fun on June 4, being bearish on gaming stocks carries immense near-term risk.hollywood casino locations