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valley forge casino covidIf markets rally, Caesars and MGM short sellers could feel some pain. I don’t think anyone can survive past the end of the year, can they?”“This is a matter of survival. Broadly speaking, shorting stocks is a winning strategy to this point in 2020, and nowhere is that more true than the travel and leisure industry, a group beset by savage declines at the hands of the coronavirus pandemic. free casino slot games to downloadAnd my biggest expense is my payroll,” Fertitta added.Broadly speaking, shorting stocks is a winning strategy to this point in 2020, and nowhere is that more true than the travel and leisure industry, a group beset by savage declines at the hands of the coronavirus pandemic. Now, paying all my severance will cost nearly 0 million through April. poker winning hand seneca niagara casino phone numberfree slots triple diamonds(Image: MarketWatch)With COVpalace station casino kenoID-19 punishing the gaming industry from the East Coast to Las Vegas to Macau, forcing temporary closures and, in some cases, tens of thousands of lost jobs, bearish traders eagerly shorted shares of casino operators, including Caesars Entertainment (NASDAQ:CZR) and MGM Resorts International (NYSE:MGM).Monday’s seven percent gain by the S&P 500 could prompt some short sellers to consider exiting bets on gaming names, stoking further upside because, when a short is covered, the trader must buy shares to close the position. But the billionaire sat down with Texas Monthly two weeks ago to divulge specifics on the financial position of his conglomerate.Asked how long his companies can survive, Fertitta answered, “Until the end of the year. I don’t think anyone can survive past the end of the year, can they?”“This is a matter of survival. intertops casino legitimateBroadly speaking, shorting stocks is a winning strategy to this point in 2020, and nowhere is that more true than the travel and leisure industry, a group beset by savage declines at the hands of the coronavirus pandemic. An insider told Bloomberg that Landry’s, a privately held company, already secured 0 million worth of credit lines.Business Life Support Fertitta announced in March that he’s been forced to furlough some 40,000 employees. And my biggest expense is my payroll,” Fertitta added.coushatta casino free slots paragon casino buffetcasino 18+If markets continue rallying, forcing bearish traders to cover – a phenomenon known as a short squeeze – Caesars and MGM could be two of the biggest beneficiaries.With the market rallying today, we may see short sellers buying shares in the following stocks and pushing stock prices even higher than if only long buying was taking place in the name,” said S3 Partners Managing Director Ihor Dusaniwsky in a note obtained by Casino.org today. Golden Nugget Atlantic City is closed indefinitely, Golden Nugget Biloxi (Mississippi) is closed until further notice, and Golden Nugget Lake Charles (Louisiana) is dark through the end of the month.Matter of SurvivalFertitta and Landry’s didn’t respond to requests for comment regarding the loan. I don’t think anyone can survive past the end of the year, can they?”“This is a matter of survival. When you don’t have million, million a day coming in, you run out of money quickly. If markets continue rallying, forcing bearish traders to cover – a phenomenon known as a short squeeze – Caesars and MGM could be two of the biggest beneficiaries.With the market rallying today, we may see short sellers buying shares in the following stocks and pushing stock prices even higher than if only long buying was taking place in the name,” said S3 Partners Managing Director Ihor Dusaniwsky in a note obtained by Casino.org today. But the billionaire sat down with Texas Monthly two weeks ago to divulge specifics on the financial position of his conglomerate.Asked how long his companies can survive, Fertitta answered, “Until the end of the year. hotels in south lake tahoe casinos the borgata casino |