harrah s casino temecula(Image: Luis Alvarez/Associated Press)Investment bank Citi opines that it’s not only US-based gambling companies that stand to reap the financial rewards of Americans having more money in their pockets.When the US recession hit in 2008, gaming revenue plummeted nearly 13 percent on the Strip, as Americanstwin river casino minimum age saw their savings vanish and spending money dissipate.Financial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.casino roulette wheel tricks8 billion annually, with an estimated 44 million Americans betting 5 billion per year.But eight years late, it’s all turned around.”Redistributing the WealthCiti’s Rohan Sundram believes the US tax reform will lead to more Americans distributing some of their discretionary income on trips to gaming hubs.viejas casino bowling

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chumba casino sweepstakesAristocrat Leisure’s two main US competitors, International Game Technology (IGT) and Scientific Games, will also benefit from the tax plan, Morgan Stanley stated.Financial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.(Image: Luis Alvarez/Associated Press)Investment bank Citi opines that it’s not only US-based gambling companies that stand to reap the financial rewards of Americans having more money in their pockets.free slots king kongWe were victimized by the wet blanket, over-regulatory oppressiveness of the Obama administration.In a note issued this week, Citi predicted that Australia’s Aristocrat Leisure, the second-largest slot machine manufacturer in the world, will see revenues increase due to the new tax law as well.”Redistributing the WealthCiti’s Rohan Sundram believes the US tax reform will lead to more Americans distributing some of their discretionary income on trips to gaming hubs.paragon casino directions

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resorts casino deposit matchThe hopeful change has fueled a Wall Street rally, with the Dow Jones Industrial Average soaring from 24,726 the day Congress passed the measure to 26,300 as of Wednesday morning.“We believe that reductions to personal tax rates in the US across various income brackets could bode well for Aristocrat Leisure’s North America segment,” noted Citi analyst Rohan Sundram, who oversees gaming research for the investment firm.Aristocrat, which has offices all over the world and its American headquarters in Las Vegas, has been paying a 36 percent tax on its US operations.New Jersey, which brought the case to the SCOTUS, argues that PASPA is a violation of its Tenth Amendment rights and has called it a “federal tatwin river casino minimum agekeover of New Jersey’s legislative apparatus.The American Gaming Association has estimated Americans spend around 0 billion on illegal sports betting per year, much of which is used to fund criminal activity.But eight years late, it’s all turned around.free 7 slot games