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gold coast casino check in timeThe nearly 1,400-point loss equates to a roughly six percent decline.MGM Resorts and Las Vegas Sands were both down about five percent during the two-day period, while Wynn Resorts dropped 2.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.casino roulette wheel simulatorThe 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.The S&P 500, which MGM Resorts and Wynn Resorts are a part of, was also down six percent.And the general consensus is that slot machines and table games as they’ve been known for decades might not appeal to such a tech-savvy group.miami club casino withdrawal free slot games pleaseonline gambling laws by stateThe Nasdaq has entered into correction territory after dropping more than 10 percent since August.“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.The current downdraft has a different feel than the sell-off in February.free slots black diamondInvestors 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?Bernhard’s comments, first relayed by CDC Gaming Reports, focused on Generationchukchansi casino pow wow Z not knowing a world free of the internet, mobile devices, and instant gratification.Generation Z presents even greater concerns.paiute palace casino gas station lake tahoe with casinoharrah s cherokee casino video pokerBlame it on last fall’s Strip shooting, ongoing trade war tensions between the US and China, or rising intechukchansi casino pow wowrest rates.Investors in Las Vegas casinos lost money this week in the stock market sell-off.Caesars Entertainment, which isn’t invested in Macau and is more reliant on Las Vegas than the other three companies, dove 8.Gaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs.org)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.It doesn’t take an economics expert to point out that this represents a demographic tsunami,” BMM Testlabs executive Robin Bernhard declared.mohegan sun casino uconn hard rock casino lake tahoe table games |