santa ana star casino events(Image: Shutterstock/Casino.Investors in Las Vegas casinos lost money this week in the stock market sell-off.Gaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs.bellagio casino slot machinessorts over.It doesn’t take an economics expert to point out that this represents a demographic tsunami,” BMM Testlabs executive Robin Bernhard declared.”paragon casino poker room

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aliante casino bowlingThe nearly 1,400-point loss equates to a roughly six percent decline.The Nasdaq has entered into correction territory after dropping more than 10 percent since August.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.directions to eldorado casino reno nevadaLess than 12 months later, most of those gains have been returned.This week’s stock market sell-off has further negatively impacted an already reeling gaming industry.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.draftkings casino live chat

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is cliff castle casino open noworg)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.Amanda 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.The S&P 500, which MGM Resorts and Wynn Resorts are a part of, was also down six percent.Speaking at the Global Gaming Expo (G2E) discussion titled “Customer Experience is Not One Size Fits All: Delivering Exceptional and Customized Service to Wow All Customers,” panelists voiced alarms on not just the millennial, but those in Generation Z.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.“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 50 50 gambling