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harrah s.cherokee casino(Image: Shutterstock/Casino.Investors have paid the price dearly in numerous casino stocks:MGM 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?It doesn’t happen that often, and it can be a sign of more trouble ahead.casino tableAmanda 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.Whatever the cause, the gaming industry has been one of the worst-performing sectors this year.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.peppermill casino opening date

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poker casino sofiaGeneration 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.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 characteristics.Investors in Las Vegas casinos lost money this week in the stock market sell-off.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.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.zorro casino slots free

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