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foxwoods resort casino boston(Image: Toru Hanai/Review-Journal/Casino.org)July marks the first month in the third quarter, a three-month period that has Wall Street investors concerned following cautionary guidance from several of the gaming industry’s most important chief executives.Caesars Entertainment CEO Mark Frissora warned shareholders that the company wasn’t increasing its Q3 financial outlook because Sin City had seen some softening in demand due to fewer events. as Vegas Strip casinos weren’t as lucky in July 2018 as they were the previous year. Regardless, Frissora says the demand easing is simply “an event-driven blip” that is a short-term issue. the lodge at cliff castle casino sedonaCaesars stock fell nearly three percent on Thursday following the July gaming report news.MGM Resorts was down 2.4 percent, while Las Vegas Sands and Wynn Resorts, which both more heavily rely on Macau for their gaming revenue, respectively lost 0.7 percent and 0.15 percent.Blame GameNevada casinos were basically flat in July, with total revenue coming in at 6.4 million. Regardless, Frissora says the demand easing is simply “an event-driven blip” that is a short-term issue. Baccarat tables kept 1 million, while blackjack players lost .3 million. oxford casino rewards

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wind creek online casino pa no deposit bonus“This is a third quarter phenomenon. That’s just a 0.2 percent decline on the 8 million statewide haul in July 2017.Nevada Gaming Control Board Senior Research Analyst Michael Lawton told the Las Vegas Review-Journal that lower win rates are the culprit.“Game and table win were the reason statewide win was off, which was due to baccarat and mini-baccarat recording lower volume amounts, but the decreases were primarily the result of lower hold,” Lawton explained.The calendar also didn’t do July 2018 any favors. The fight generated million in wagers placed in Nevada.The Mayweather-McGregor fight at T-Mobile Arena led to the Las Vegas Strip reporting GGR of 5.5 million in August 2017, which was a more than 21 percent year-over-year surge.Lawton said at the time, “The fight was a tremendous event and was a large contributor to gaming win for not just sports wagering but also table games and slots.”Las Vegas August 2018, of course, has no Mayweather hype. It has been a third quarter phenomena. Regardless, Frissora says the demand easing is simply “an event-driven blip” that is a short-term issue. “This is a third quarter phenomenon. oxford casino win lob statement