big fish casino level up fastFinancial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.”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.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.twin river casino free slot playWhen the US recession hit in 2008, gaming revenue plummeted nearly 13 percent on the Strip, as Americansbicycle casino chips saw their savings vanish and spending money dissipate.But eight years late, it’s all turned around.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.admiral casino tunstall

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seneca niagara casino slot machinesAristocrat Leisure’s two main US competitors, International Game Technology (IGT) and Scientific Games, will also benefit from the tax plan, Morgan Stanley stated.Steve Wynn predicts a similar outcome.“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.island resort and casino hannahville mi”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.We were victimized by the wet blanket, over-regulatory oppressiveness of the Obama administration.Financial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.huff n puff free slots

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