eldorado casino and hotel reno nevada”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.That’s an increase of more than six percent.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.mohegan sun casino bostonTaking StockThe nonpartisan Tax Policy Center in Washington, DC recently concluded that the average American household will save about ,600 on their annual taxes in 2018.ure Verizon online sports book to offer live broadcasts alongside its betting lines.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.99designs online casino

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morongo casino resort spa zoominfoI’ve not looked at anything in detail.(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 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.nearest casino rochester mnAll of us out here suffered.All of us out here suffered.”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.zeus slot casino game

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encore casino telephone numberAnd that bodes well for Las Vegas.Then-President Obama’s famous advice to citizens during a speech in New Hampshire in 2010, at the height of the recession, to ” [not] blow a bunch of cash on Vegas when you’re trying to save for college” was a bitter pill for the tourism-dependent economy of Sin City, and it was never forgotten by the gaming industry there.Aristocrat Leisure’s two main US competitors, International Game Technology (IGT) and Scientific Games, will also benefit from the tax plan, Morgan Stanley stated.Paired with industry analysts bullish on Macau, it’s no sGaming operator and slot manufacturer stocks stand to benefit from the Tax Cuts and Jobs Act, the tax reform plan passed by Congress in December and then signed into law by President Donald Trump.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.soaring eagle casino app