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bellagio casino kzIn dollar terms, that’s nearly 0 billion.But recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.Las Vegas reopening is just one reason to like Boyd Gaming stock.chinook winds casino wikiRegional restarts help, too, says an analyst.Betting on BoydFrom June 1 through June 4, Boyd will reDuricasino roulette table imagesng 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.2002 harrah s casino brawl cliff castle casino halloween 20215 card poker winning hands(Image: KXNT Radio)In a note to clients Tuesday, Nomura Instinet analyst Harry Curtis reiterated a “buy” rating on the Orleans operator, while boosting his price target on the stock to from .But the stock has since posted a six fold gain.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.doubledown casino codes that never expireSome traders are flirting with trouble with short positions in gaming stocks.org.That was a great trade for the bears that rode the stock down from or the high s to the March low of .harrah s cherokee casino open wild casino rollover requirementcliff castle casino poker”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.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.”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.In dollar terms, that’s nearly 0 billion.As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.“DraftKings (DKNG) saw the largest change in short seller sentiment, with short selling turning into short covering by the end of the May,” said Dusaniwsky.update on tachi palace casino resorts casino queens reopening |