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rooms at island view casino”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.“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.admiral casino hounslowBut eight years late, it’s all turned around.And 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.lucky creek casino app

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r blackjackTaking 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.We were victimized by the wet blanket, over-regulatory oppressiveness of the Obama administration.Paired with industry analysts bullish on Macau, it’s no sthunder valley casino spa”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.”5 Billion MarketAccording to a recent study by Eilers & Krejcik Gaming, a regulated US sports betting market could be worth .choctaw casino free play

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the nearest casino openWhen 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.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.”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.”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 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.Aristocrat Leisure’s two main US competitors, International Game Technology (IGT) and Scientific Games, will also benefit from the tax plan, Morgan Stanley stated.admiral casino shirley southampton

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