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Stock markets lost over three percent Monday, and the largest gaming industry companies also saw their valuations decrease. The three other licensees in Macau – Melco Resorts, SJM Holdings, and Galaxy Entertainment – respectively lost 4.5 percent, 4.6 percent, and 6.3 percent.Deal or No DealJulian Evans-Pritchard, a senior economist with Capital Economics who specializes in China, says President Xi Jinping’s willingness to stop defending the seven yuan against currency difference “suggests that they have all but abandoned hopes for a trade deal with the US.”“In a statement likely to anger Trump, the People’s Bank of China has explicitly linked today’s devaluation with the renewed tariff threat made by the US last week,” she concluded.The two largest economies in the world engaging in the trade conflict has led to losses around the globe. king slots free slots casinoWhile that’s sending stock markets crashing today – the Dow Jones Industrial Average, NASDAQ, and S&P 500 are all down more than three percent – some analysts believe it could be a net positive in the long thallmark casino no deposit bonus codes march 2020erm for US stocks.DataTrek Research co-founder Nick Colas explained to Yahoo! Finance, “It could be good for US stocks in two ways. The gaming industry wasn’t immune from stock market crashes felt around the world Monday, as trade war tensions escalated between the United States and China. The gaming industry wasn’t immune from stock market crashes felt around the world Monday, as trade war tensions escalated between the United States and China. the chinook winds casino resorts casino slot machinesadmiral casino readingIn Europe, hallmark casino no deposit bonus codes march 2020France’s CAC 40 fell 2.2 percent, the German DAX lost 1.8 percent, and London’s FTSE 100 declined 2.5 percent.The gaming industry wasn’t immune from stock market crashes felt around the world Monday, as trade war tensions escalated between the United States and China. 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Japan’s Nikkei index fell 1.7 percent, and South Korea’s Kospi lost 2.6 percent. e company also opened a sports book in Pennsylvania.”Caesars operates properties in 14 states, of which nine have already legalized sports wagering or recently signed off on it.Not Much Takeover TalkThere was not much in the way of comments about the proposed Eldorado Resorts takeover, nor did Caesars executives saying anything about the possibility of asset sales on the Strip or elsewhere.With the Eldorado takeover moving forward, “I remain focused on improving the company’s operations and financial profile through incremental revenue opportunities and operating efficiencies,” said Rodio in the statement.The combined company will assume the Caesars name when the deal is completed in the first half of next year, but Eldorado management will be running the show, leaving Rodio’s fate up in the air for the time being.Eldorado reports second-quarter results on Tuesday, Aug. borgata casino reviews free casino slot games no download |