slot machine casino wisconsin(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 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 oldest members of Generation Z, those born roughly between 1997 and 2016, are just now turning 21-years-old, but brick-and-mortar casinos are already considering the demographic’s characteristicsslot casino 111. draftkings casino matchGeneration Z presents even greater concerns.Speaking at the Global Gaming Expo (G2E) discussion titled “Customer Experience is Not One Size Fits All: Delivering Exceptional and Customized Service to Wow All Customers,” panelists voiced alarms on not just the millennial, but those in Generation Z.It doesn’t take an economics expert to point out that this represents a demographic tsunami,” BMM Testlabs executive Robin Bernhard declared. 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 nearly 1,400-point loss equates to a roughly six percent decline. jamul casino host

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turtle creek casino hotelIt 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. (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. Bernhard says their average attention span is just eight seconds. online casino vegasAnd 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 slot casino 111for Generational Kinetics CEO Denise Villa said. The current downdraft has a different feel than the sell-off in February.”“This break of a long-term trend line is definitely something worth noting. brian christopher slots wheel of fortune

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doubledown casino jetons gratuitsCaesars 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 current downdraft has a different feel than the sell-off in February.”BMM 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. 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 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. Bernhard says their average attention span is just eight seconds. turtle creek casino williamsburg