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desert 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

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poker 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

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