black hawk casino bus lakewoodFinancial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.When the US recession hit in 2008, gaming revenue plummeted nearly 13 percent on the Strip, as Americans3 dice casino no deposit bonus saw their savings vanish and spending money dissipate.That number, per Morgan Stanley, will drop under the Tax Cuts and Jobs Act and subsequently deliver a global nine percent bonus to the manufacturer’s bottom line: 70 percent of the company’s revenue is generated in the United States.online casino london no deposit bonusIf someone has an idea around it, I’ll look at it like any other.When the US recession hit in 2008, gaming revenue plummeted nearly 13 percent on the Strip, as Americans3 dice casino no deposit bonus saw their savings vanish and spending money dissipate.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.cache creek casino covid

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online gambling quora“We stay close to that to see how it would affect our assets and how we may choose to respond.”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.But we are not getting ahead of ourselves there.pechanga casino 4th of july fireworks 2020In 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.Aristocrat Leisure’s two main US competitors, International Game Technology (IGT) and Scientific Games, will also benefit from the tax plan, Morgan Stanley stated.The billionaire said of the Republican Congress and President Trump’s tax cuts, “A major recipient of this sort of mentality in the government is Las Vegas.riverwind casino coupons

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free quick pick slot machines”This week, Wynn Resorts joined hundreds of other US businesses in announcing plans to share the corporate tax savings with its 12,000 domestic employees.That number, per Morgan Stanley, will drop under the Tax Cuts and Jobs Act and subsequently deliver a global nine percent bonus to the manufacturer’s bottom line: 70 percent of the company’s revenue is generated in the United States.”(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.The 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.borgata online casino pa reviews