blackjack online computerThe S&P 500, which MGM Resorts and Wynn Resorts are a part of, was also down six percent.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.Whatever the cause, the gaming industry has been one of the worst-performing sectors this year.bellagio casino instagramWhatever the cause, the gaming industry has been one of the worst-performing sectors this year.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.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.black hawk casino map

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brian christopher slots merchThe 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.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?golden nugget casino 24kAmanda 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.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.Bernhard’s comments, first relayed by CDC Gaming Reports, focused on Generationriversweeps online casino add money Z not knowing a world free of the internet, mobile devices, and instant gratification.boomtown casino slots

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wynn casino las vegas tour3 percent.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.Less than 12 months later, most of those gains have been returned.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.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.Investors in Las Vegas casinos lost money this week in the stock market sell-off.soaring eagle casino hours