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nearest casino to amarillo texasd also open as soon as this weekend.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.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.bellagio casino dreb code”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.Regardless of industry, heavily shorted stocks can rapidly change directions, forcing traders holding bearish bets to cover those positions, which only fans bullish flames.zynga poker install

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club player casino ndbBearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.Duriroyal 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.40 billion stack of chips,” adds Dusaniwsky.drake casino coupon code 2021Messing With FireBelieve it or not, bearish traders sunk their teeth into DraftKings, a stock that’s more than doubled since its April 24 initial public offering (IPO).Betting on BoydFrom June 1 through June 4, Boyd will reAs a percentage of float sold short, ERI resides north of 39 percent, according to S3 data.scarlet pearl casino hosts

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golden palace casino tattoo”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .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.16 billion, 95 percent of whicroyal ace casino mobile downloadh is devoted to the 10 most-shorted names.Surroyal ace casino mobile downloadprise ScenarioIn what can be described as surprising, the most-shorted gaming stock is Eldorado Stocks (NASDAQ:ERI).“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.(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.oh harrah s cherokee casino

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