bicycle casino staffBut recently, we have seen short covering in the sector, with - million of net short covering executed over the last week.Count Churchill Downs (NASDAQ:CHDN) and DraftKings (NASDAQ:DKNG) among the gaming stocks making life uncomfortable for short sellers.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.bet rivers casino for fun“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.As a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.map of black hawk casinos

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free caesars casino coins“PENN” refers to Penn National Gaming (NASDAQ:PENN), a name that Curtis reaffirmed a “buy” rating on last week with a significant, upward price forecast revision.In dollar terms, that’s nearly 0 billion.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.downstream casino eventsWith 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.40 billion stack of chips,” adds Dusaniwsky.“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.golden nugget casino online

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online casino tRecently, Curtis is consistently endorsing regional gaming equities, a thesis that’s bearing fruit as casinos in the Midwest and South come back online following the coronavirus shutdown that spanned roughly two months.d also open as soon as this weekend.org.Betting on BoydFrom June 1 through June 4, Boyd will re“There was +.(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.blackjack casino table games