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ruby slots ndb(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. And 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. 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. black bear casino duluth mn hotel“This break of a long-term trend line is definitely something worth noting. The nearly 1,400-point loss equates to a roughly six percent decline. 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. choctaw casino facebook

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south lake tahoe hotels close to casinosThe 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. (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.”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. 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 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. roulette g casino