2025.11.02
w casino facebookThe 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.Blame it on last fall’s Strip shooting, ongoing trade war tensions between the US and China, or rising intechukchansi casino pow wowrest rates.3 percent.los atlantis casino reviewIt doesn’t happen that often, and it can be a sign of more trouble ahead.“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.“Generation Z has arrived, and they’re very different from millennials,” The Centeroxford casino slot payouts captain jack casino no deposit bonus codes active 2021photo table roulette casinoGaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs.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.“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.online gambling regulations zimbabweGeneration Z presents even greater concerns.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.The current downdraft has a different feel than the sell-off in February.four winds casino promo code big fish casino clab action settlementdoubledown casino 100 million“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.The S&P 500, which MGM Resorts and Wynn Resorts are a part of, was also down six percent.The nearly 1,400-point loss equates to a roughly six percent decline.(Image: LVCVA/Getty/Casino.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.MGM Resorts and Las Vegas Sands were both down about five percent during the two-day period, while Wynn Resorts dropped 2.is oxford casino open online gambling draftkings |