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drake casino ndb(NYSE:CCL), Royal Caribbean Cruises Ltd. Wind Creek said it’s considering plowing as much as 0 million into the adjacent No. “These are short sellers that are incurring losses while paying a steep premium to stay in those equities.”No gablackjack online las vegas(NYSE:MAR) among shorts’ preferred COVID-19 bets. In the wake of the COVID-19 pandemic that’s bludgeoning travel and leisure equities, casino and cruise line operators are among bearish traders’ favored destinations.With first-quarter earnings season in full swing and economic data deteriorating rapidly, short positions in virus-sensitive consumer cyclical stocks could be rewarded.When we see a strong move in one direction, where we think the fundamentals and the news can turn ugly, especially during an earnings cycle, we think that’s an opportunity where we could see a 5,10% selloff again,” said Jerry Braakman, chief investment officer at First American Trust, in an interview with the Wall Street Journal.Short sellers borrow shares on margin and look to buy the stock back at a later time at a lower price. But it’s getting harder for some of those traders to hold onto those bearish tickets.Over the past month, shares of the Encore operator are higher by 82.38 percent, and the stock is up 116 percent from its 52-week low. free slots games to download

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zynga poker rewardsWolf’s closure order runs through at least the end of the month. But the gaming equity could put the hurt on bearish traders. Some of the losses were offset by internet gaming, which continues to operate unimpeded.April GGR from brick-and-mortar casinos will total $content$ in April. live casino slotsHe revealed projects in Singapore and Macau – expected to cost .5 billion – are still moving forward.The billionaire also said that the economic climate is ripe for Sands to acquire existing casinos, which would be a first for the company.“I see many strategic opportunities for our company, precisely because of our financial strength,” Adelson told investors. “It is because of this optimism that we are suspending the dividend so that we have maximum optionality in pursuing our strategic vision and in producing future returns.”For traders betting against Wynn, there is scasino near me edmontonome good news: the stock isn’t viewed as one of the most vulnerable to a short squeeze – the scenario where bearish traders are forced to cover their positions, likely at losses.“The stocks most susceptible to short squeezes are those with high stock borrow costs and large mark-to-market losses,” said S3 Partners Managing Director Ihor Dusaniwsky in a note out last week. my choice casino real money

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harrah s casino washington dc(Image: Reuters)Recent data indicate Wynn joins Carnival Corp. Short sellers continue targeting Wynn stock, but they’re playing wcasino near me edmontonith fire. Wind Creek said it’s considering plowing as much as 0 million into the adjacent No. The risk in this strategy is substantial, because there’s no limit to how high an equity can go.Wynn Shorts Looking DangerousLate February and essentially all of March were rewarding times to short casino equities, including Wynn. (Image: Reuters)Recent data indicate Wynn joins Carnival Corp. (NYSE:MAR) among shorts’ preferred COVID-19 bets. royal ace casino askgamblers

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