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draftkings casino contactWynn Resorts (NASDAQ:WYNN) is among the travel and leisure stocks that remain favored targets of short sellers looking to identify names vulnerable to coronavirus volatility. Casinos won 3.48 million last month, down from 6.27 million in March 2019. For traders betting against Wynn, there is some good news: the stock isn’t viewed as one of the most vulnerable to a short squeeze – the scenarcasino golden palace facebook vmruio 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. coolcat casino welcome bonus(Image: Reuters)Recent data indicate Wynn joins Carnival Corp. Because of Governor Tom Wolf’s (D) closure order of all nonessential businesses, the state’s brick-and-mortar casinos have been shuttered since mid-March.As a result, gross gaming revenue (GGR) plunged 51 percent in March. Casinos won 3.48 million last month, down from 6.27 million in March 2019. casino with poker table near me

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aliante casino military discountWynn Resorts (NASDAQ:WYNN) is among the travel and leisure stocks that remain favored targets of short sellers looking to identify names vulnerable to coronavirus volatility. The investment plans also called for an additional 42,000 square feet of convention space.That’s not all. “These are short sellers that are incurring losses while paying a steep premium to stay in those equities.”No gaming names, including Wynn, are on the list of stocks where traders are incurring higher borrow fees anlittle river casino concert seating chartThe 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. But the gaming equity could put the hurt on bearish traders. Casinos won 3.48 million last month, down from 6.27 million in March 2019. chumba casino penny slots

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free coins xtreme slotsEven when the Commonwealth begins reopening certain businesses, casinos aren’t expected to be included in initial phases.In March, Wind Creek Bethlehem – as the former Sands Bethlehem resort is now called – was the largest year-over-year loser. 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. (NYSE:MAR) among shorts’ preferred COVID-19 bets. The investment plans also called for an additional 42,000 square feet of convention space.That’s not all. The casino reported GGR of just .66 milliocasino golden palace facebook vmrun, a 71.2 percent decline from the same month in 2019.Less is MoreWith every commercial casino in the United States closed, the less exposure, the better is currently the case for gaming industry operators.Following its sale of Bethlehem, Las Vegas Sands only has casinos in Las Vegas, Singapore, and the world’s richest gambling hub of Macau.Last week, Sands owner Sheldon Adelson, who, along with his wife, Miriam, controls nearly 57 percent of the publicly traded company, announced it was temporarily doing away with its dividend. (NYSE:MAR) among shorts’ preferred COVID-19 bets. twin river casino near me