bcslots youtubeThe 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. (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. The current downdraft has a different feel than the sell-off in February.”palace station casino phone numberAnd the general consensus is that slot machines and table games as they’ve been known for decades might not appeal to such a tech-savvy group.Generation Z TraitsAccording to the US Census Bureau, Generation Z represents nearly 26 percent of the living US population, which is more than millennials at 24.5 percent.“Generation Z has arrived, and they’re very different from millennials,” The Center free online slots jackpot partyfor Generational Kinetics CEO Denise Villa said. “This break of a long-term trend line is definitely something worth noting. nts on Thursday. casino brooklyn

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no deposit casino bonus 500The 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. However, with gambling eCaesars 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. lake tahoe casino hotel roomsLess 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. The nearly 1,400-point loss equates to a roughly six percent decline. “This break of a long-term trend line is definitely something worth noting. palace station casino food

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casinos online that pay real moneyWhatever the cause, the gaming industry has been one of the worst-performing sectors this year.“We met with management teams from MGM, Caesars … and come away feeling reassured that recent weakness in the stocks is less a reflection of a change, weakening in underlying fundamentals, and more commonly attributed to technicals and interest rates,” JPMorgan analyst Joseph Greff said in a Tuesday note.Investors have paid the price dearly in numerous casino stocks:free online slots jackpot partyMGM Resorts has gone from in January to below , a 30 percent lossLas Vegas Sands has gone from in June to , a 32 percent lossWynn Resorts has gone from 0 in May to 6, a 42 percent lossCaesars Entertainment has gone from in January to , a 35 percent lossCorrection or Chaos? Stock market analysts are scurrying to determine whether the sell-off is simply a Wall Street correction, or an indicator that more trouble is ahead. 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. 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. 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. The 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. The current downdraft has a different feel than the sell-off in February.”borgata casino las vegas