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”When the new year began, the Dow Jones Industrial Average and the other major indexes were on a tear. When Does Cliff Castle Casino Open Kozk The DJIA index began 2020 valued at 28,868. “Yes” shares of the PredictIt recessionmorongo casino reddit question were trading at just 19 cents. fanduel casino wont load Fast-forward a little more than two months, with a deadly coronavirus sweeping the planet, and global economies are plummeting. royal ace casino games 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. soaring eagle casino events 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 . 26 . coushatta casino buffet 81Boyd Gaming . drake casino match bonus casino resorts vietnam 50 . 35The seriousness of the 2019 coronavirus has been much debated. 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. free online slots 777 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. doubledown casino how to win aliante casino food court ”However, Sands President and COO Robert Goldstein countered, “We don’t anticipate any slowdown as a result of the virus. ”The gaming industry crash will not allow Eldorado to fold on its . free slot machines 2020

3 billion acquisition of Caesars, as the takeover has a clause that says the regional casino operator cannot use “public health emergencies” to get out of the merger. admiral casino grays But Economy Strong? President Donald Trump says the pandemic is a health crisis – not an economic one. “This is not a financial crisis. This is just a temporary moment of time that we will overcome together as a nation,” Trump said during his Oval Office address to the nation Wednesday night. u casino san mauro cilento “Because of