brian christopher slots parentsThe S&P 500, which MGM Resorts and Wynn Resorts are a part of, was also down six percent.BMM is a gaming testing laboratory with offices around the world including in Las Vegas and Macau.Bernhard’s comments, first relayed by CDC Gaming Reports, focused on Generationphone number soaring eagle casino Z not knowing a world free of the internet, mobile devices, and instant gratification.borgata casino las vegas nvGaming Industry Pullback The gaming industry enjoyed a prosperous 2017 where casino stocks hit record highs.Investors in Las Vegas casinos lost money this week in the stock market sell-off.MGM Resorts and Las Vegas Sands were both down about five percent during the two-day period, while Wynn Resorts dropped 2.the live casino online

tachi palace hotel y casino

river spirit casino poker“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 US company’s purchase of equity suggests it has a long-term commitment to supplying online sports betting in America as new state markets emerge.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.chukchansi casino sunday brunch“Generation Z has arrived, and they’re very different from millennials,” The CenterThe 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.The current downdraft has a different feel than the sell-off in February.poker casino table games

river spirit casino concerts 2020

mgm casino tennebeeWhatever the cause, the gaming industry has been one of the worst-performing sectors this year.The S&P 500, which MGM Resorts and Wynn Resorts are a part of, was also down six 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.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.It doesn’t happen that often, and it can be a sign of more trouble ahead.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?turtle lake casino news