online casino bitcoin”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.Financial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.Taking 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.mgm grand casino stockPatents PendingIt’s been speculated that many of America’s tech giants would be well-positioned to enter a future market.Gaming 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.Patents PendingIt’s been speculated that many of America’s tech giants would be well-positioned to enter a future market.nearest big casino

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chumba casino blackjackAnd that bodes well for Las Vegas.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.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.black oak casino yelpSteve Wynn predicts a similar outcome.Aristocrat Leisure’s two main US competitors, International Game Technology (IGT) and Scientific Games, will also benefit from the tax plan, Morgan Stanley stated.“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.seven feathers casino win lob statement

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miami club casino onlineAristocrat confirmed to The Sydney Morning Herald this week that “any reduction in bicycle casino chipsUS corporate tax rates will be beneficial.That’s an increase of more than six percent.”5 Billion MarketAccording to a recent study by Eilers & Krejcik Gaming, a regulated US sports betting market could be worth .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.But we are not getting ahead of ourselves there.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.river spirit casino darius rucker