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free slot games on my phoneBoyd Gaming (NYSE:BYD) drew some praise from a sell-side analyst today ahead of the June 4 reopening of Nevada casinos.org.They are potentially signaling that these names and others could offer some near-term upside as bearish traders rush to cover.clearwater casino poulsbo wa(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.40 billion stack of chips,” adds Dusaniwsky.But the stock has since posted a six fold gain.seminole casino security jobs

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chinook winds casino age“Over the last week, Casino & Gaming short sellers gave back a quarter of their mark-to-market profits, losing -8 million of their +.Making matters potentially dangerous for ERI bears is that they need to unwind a lot of supply in the event of another rally.”Dusaniwsky notes S3 covers 61 stocks in the casino and gaming sector, which have aggregate short interest of .hotels in south lake tahoe casinos10 billion of net short selling in the sector from March to May, with 0 million of new short selling executed over the last month.But they have been covering a portion of their shorts over the last week with million of net buy-to-covers executed.Las Vegas reopening is just one reason to like Boyd Gaming stock.doubledown casino bonus collector

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online gambling by state40 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.Bearish traders are seeing profits eaten away with Penn, too, as the stock is up 733 percent from its March lows.”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.Recently, 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.Betting on BoydFrom June 1 through June 4, Boyd will rephone number for hard rock casino tulsa oklahoma

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