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firekeepers casino thanksgiving buffet4 percent.4 percent.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.black hawk casino tribeIt doesn’t take an economics expert to point out that this represents a demographic tsunami,” BMM Testlabs executive Robin Bernhard declared.Blame it on last fall’s Strip shooting, ongoing trade war tensions between the US and China, or rising intechukchansi casino pow wowrest rates.This week’s stock market sell-off has further negatively impacted an already reeling gaming industry.desert diamond casino valet roulette casino doubler la misedesert diamond casino in glendale arizona”(Image: Shutterstock/Casino.The Nasdaq has entered into correction territory after dropping more than 10 percent since August.thunder valley casino california(Image: LVCVA/Getty/Casino.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.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?valley forge casino valley forge pennsylvania pechanga casino dealspoker casino las vegas“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.sorts over.”Others say the sell-off is a short-term blip that could fuel another bchukchansi casino pow wowull market.Gaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs.The current downdraft has a different feel than the sell-off in February.Caesars Entertainment, which isn’t invested in Macau and is more reliant on Las Vegas than the other three companies, dove 8.the el dorado casino reno slot casino sites |