desert diamond casino and resort“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.”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.royal ace casino no deposit bonus july 2021As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.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.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.online casino real money slots

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chinook winds casino appBut recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .Las Vegas reopening is just one reason to like Boyd Gaming stock.coushatta casino places to eatBearish 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.As a percentage of float sold short, the next closest casino operator is Penn National Gaming (NASDAQ: PENN) at 21 percent.morongo casino indian tribe

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river spirit casino tulsa gambling ageDuring that time, DraftKings and Boyd were two of the four biggest problems for short sellers.He cited catalysts such as the operator’s exposure to iGaming and its investment in Barstool Sports.That was a great trade for the bears that rode the stock down from or the high s to the March low of .During that time, DraftKings and Boyd were two of the four biggest problems for short sellers.There is some data suggesting short sellers in gaming stocks got a little too greedy.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.foxwoods online casino facebook