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”When the new year began, the Dow Jones Industrial Average and the other major indexes were on a tear. The DJIA index began 2020 valued at 28,868. “Yes” shares of the PredictIt recessionmorongo casino reddit question were trading at just 19 cents. Fast-forward a little more than two months, with a deadly coronavirus sweeping the planet, and global economies are plummeting. In the US, the Dow is down to 21,300 as of Thursday afternoon – a more than 26 percent drop. As a result, those “Yes” PredictIt shares have gone in just the opposite direction – currently trading around 70 cents. online casino no deposit bonus canada W Casino No Deposit Bonus Xtbm PredictIt defines an economic recession as the Bureau of Economic Analysis reporting “at least two consecutive quarters with a negative annual growth rate in real gross domestic product. ”Casinos Losing BetsThe gaming industry of course relies heavily on tourism, meaning the travel restrictions in Macau, and now the US banning all foreigners from European countries accessing the country, means revenues will fall drastically. Shares of major US-based casino operators have taken a beating over the last month. Feb.

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39Penn National Gaming . casino table games blackjack online blackjack legal california 26 . 81Boyd Gaming . who owns the bellagio casino 50 . 35The seriousness of the 2019 coronavirus has been much debated. Kansas Star Casino Restaurant Ikqb Older people, including those with chronic diseases such as heart and lung problems and diabetes, are most at risk. But many doctors and health officials say the coronavirus in healthy adults presents symptoms that are no more serious than the seasonal flu. casino near me yonkers ny During his comorongo casino redditmpany’s fourth-quarter earnings conference call back in late January, Sands billionaire CEO Sheldon Adelson, who himself is battling non-Hodgkin’s lymphoma, called the coronavirus “unique and serious. ”However, Sands President and COO Robert Goldstein countered, “We don’t anticipate any slowdown as a result of the virus. mgm casino bridgeport ct ”The gaming industry crash will not allow Eldorado to fold on its . bicycle casino poker atlas

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