2025.12.16
real online casino pokerCount Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.(Image: Reuters)With shelter-in-place policies and casino shutdowns the orders of the day starting in March, shorting gaming equities became one of 2020’s easiest and most profitable trades…until it wasn’t.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.slot casino games”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.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.d also open as soon as this weekend.slot cash casino bonus code poker 500 casinowild horse casino dulce nmBut they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.”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.Shares of Boyd trade at at this writing.bicycle casino poker rake”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.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.big fish casino gold bars poker chips casino qualitychumba slotsBut recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.16 billion, 95 percent of whicroyal ace casino mobile downloadh is devoted to the 10 most-shorted names.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.There is some data suggesting short sellers in gaming stocks got a little too greedy.But the stock has since posted a six fold gain.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.reapertura de viejas casino downstream casino free play |