2024.07.17
golden palace casino bruxellesThe 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. Stock markets lost over three percent Monday, and the largest gaming industry companies also saw their valuations decrease. Japan’s Nikkei index fell 1.7 percent, and South Korea’s Kospi lost 2.6 percent. admiral casino tunstallStock markets lost over three percent Monday, and the largest gaming industry companies also saw their valuations decrease. (Image: AP)President Donald Trump called China dropping the value of its yuan to its lowest level in more than a decade “currency manipulation.” The move by the People’s Republic came after Trump threatened new tariffs on roughly 0 billion worth of Chinese goods.Lowering tbicycle casino slotshe value of the yuan allows Chinese companies to offer more appealing prices for their products on worldwide markets. Japan’s Nikkei index fell 1.7 percent, and South Korea’s Kospi lost 2.6 percent. bellagio casino careers table roulette casino prixturtle lake casino breakfastThe Chinese subsidiary units of the casinos went south, too.Sands China lost 3.19 percent, MGM China fell 8.88 percent, and Wynn Macau lost 6.92 percent. Japan’s Nikkei index fell 1.7 percent, and South Korea’s Kospi lost 2.6 percent. It hurts US manufacturers, which are already feeling the result of the ongoing trade war.“China is intent on continuing to receive the hundreds of billions of dollars they have been taking from the US with unfair trade practices and currency manipulation. free big fish casinoAll three saw their stocks decline greatly on Monday, respectively down 4.5 percent, 2.5 percent, and more than seven percent as of afternoon trading.People’s Bank of China Governor Yi Gang denied any currency manipulation. So one-sided, it should have been stopped many years ago!” Trump tweeted.China’s Macau is home to the world’s richest gaming hub, and three US casino operators do business there – Las Vegas Sands, MGM Resorts, and Wynn Resorts. In Europe, bicycle casino slotsFrance’s CAC 40 fell 2.2 percent, the German DAX lost 1.8 percent, and London’s FTSE 100 declined 2.5 percent.the hard rock casino las vegas doubledown casino emailcasino oxford ncFirst, yields will decline, as global investors seek out safe-haven assets like Treasuries. While 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 tbicycle casino slotserm for US stocks.DataTrek Research co-founder Nick Colas explained to Yahoo! Finance, “It could be good for US stocks in two ways. Second, it accelerates the move out of global equities (especially emerging markets) and into US stocks.”The Hong Kong Stock Exchange, where the three US casino companies licensed in Macau additionally trade, fell 2.85 percent on Monday. So one-sided, it should have been stopped many years ago!” Trump tweeted.China’s Macau is home to the world’s richest gaming hub, and three US casino operators do business there – Las Vegas Sands, MGM Resorts, and Wynn Resorts. All three saw their stocks decline greatly on Monday, respectively down 4.5 percent, 2.5 percent, and more than seven percent as of afternoon trading.People’s Bank of China Governor Yi Gang denied any currency manipulation. Several key Las Vegas tourism indicators show that the city’s economy is performing well at the halfway point of the year. the temptations four winds casino sycuan casino shuttle |