gold coast casino and hotelBearish traders are getting worried about exposure to DraftKings and Penn National Gaming.”Fuel for the FireThanks to ongoing sports wagering ebullience, DraftKings and Penn enjoy plenty of catalysts to drive those stocks higher.13 percent of DraftKings shares outstanding were on loan to short-selletwin river casino vip loungers, while that figure climbs to 10.table games at morongo casinoBy Wednesday, the Memphis, Tennessee-native had not posted this same message to the 5.But we’ve seen short sellers taking off some of their bets since mid-August, with 3 million short shares cover, a decrease of -14%, as its stock price rallied +51%,” said S3 Partners Managing Director Ihor Dusaniwsky in a recent note.Shorting those names is akin to playing with fire because the pair are up an average of 44 percent over the past month.firekeepers casino bingo

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hard rock cafe 4 winds casinoIn dollar terms, MGM is the most-shorted gaming stock, with .Broadly speaking, gaming equities are profitable for short sellers this year, owing in large part to first-quarter slumps prompted by the coronavirus pandemic.“With almost billion of short interest between the two stocks, if a sizable percentage of DKNG and PENN shorts fold, the bid-side price pressure will be significant and be a force in continuing this recent rally.how to win on the roulette table“PENN shorts have been reducing their bets since late May, buying to cover 11 million shares, a -44% decrease in shares shorted, as its stock price rose +115%,” the note continued.Short positions launched in those names earlier this year are still profitable, according to S3 data.(Image: Business Insider)Short interest across gaming stocks is trending higher since March, when many of the names in the group bottomed, and currently sits at .casino extreme no deposit bonus codes

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