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aliante casino las vegas nevada(Image: Shutterstock/Casino.(Image: Shutterstock/Casino.Gaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs.wild horse casino arizonaThe 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.Gaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs.(Image: Shutterstock/Casino.slot machine casino problems

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roulette casino app downloadGaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs.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.poker casino namesThe 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.“Generation Z has arrived, and they’re very different from millennials,” The Centerorg)The Dow Jones Industrial Average lost 832 points in Wednesday trading, and another 546 points on Thursday.reopening of twin river casino

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draftkings casino geolocation errorThis week’s stock market sell-off has further negatively impacted an already reeling gaming industry.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 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?Less than 12 months later, most of those gains have been returned.Investors in Las Vegas casinos lost money this week in the stock market sell-off.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.nearest casino san francisco

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