2024.07.19
river spirit casino linkedin(Image: Shutterstock/Casino.org)Land-based casinos still haven’t figured out the millennial, a generation that has far less appetite for traditional slot machines than their parents and grandparents. It doesn’t happen that often, and it can be a sign of more trouble ahead.”Others say the sell-off is a short-term blip that could fuel another bull market.Amanda Agati, co-chief investment strategist at PNC Financial Services, said, “I think earnings will be really strong and provide an underlying support for the market and be a positive catalyst. The sell-off has been fueled by the FANG tech stocks, Facebook, Apple, Netflix, and Google, but the overall stock market plunge is impacting various industries including gaming.MGM Resorts and Las Vegas Sands were both down about five percent during the two-day period, while Wynn Resorts dropped 2.3 percent. caesars palace casino hoursBMM is a gaming testing laboratory with offices around the world including in Las Vegas and Macau.Bernhard’s comments, first relayed by CDC Gaming Reports, focused on Generation Z not knowing a world free of the internet, mobile devices, and instant gratification. Less than 12 months later, most of those gains have been returned.Blame it on last fall’s Strip shooting, ongoing trade war tensions between the US and China, or rising interest rates. nts on Thursday. casino 7 feathers bicycle casino yelproulette casino liveThe S&P 500, which MGM Resorts and Wynn Resorts are a part of, was also down six percent.The Nasdaq has entered into correction territory after dropping more than 10 percent since August. “This break of a long-term trend line is definitely something worth noting. Caesars Entertainment, which isn’t invested in Macau and is more reliant on Las Vegas than the other three companies, dove 8.4 percent.Gaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs. mohegan sun casino gift shopThe current downdraft has a different feel than the sell-off in February.”(Image: Shutterstock/Casino.org)Land-based casinos still haven’t figured out the millennial, a generation that has far less appetite for traditional slot machines than their parents and grandparents. nts on Thursday. mgm casino gift shop mgm casino fort washington mdcasino t shirt designsIn a recent publication from Villa’s organization titled the “State of Gen Z,” researchers concluded that Generation Z is smarter with money than millennials, are better multi-taskers, and embrace individualism at higher rates.But Generation Z, which was born and grew up with a plethora of technology in front of their faces, is also less focused. The S&P 500 closed below its 200-day moving average on Thursday, which is a key indicator analysts use in evaluating the health of the market.As I have said multiple times, I start to pay attention when the market cracks its 200-day moving average,” Commonwealth Financial Network Chief Investment Officer Brad McMillan wrote. Caesars Entertainment, which isn’t invested in Macau and is more reliant on Las Vegas than the other three companies, dove 8.4 percent.Gaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs. The nearly 1,400-point loss equates to a roughly six percent decline. nts on Thursday. The majority of Generation Z individuals aren’t yet of gambling age, but that isn’t stopping the gaming industry from wanting to better learn about their habits. bicycle casino restaurant menu drake casino free chip codes |