sunset station casino poolGaming 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.8 billion annually, with an estimated 44 million Americans betting 5 billion per year.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.poker jupiters casinoThe 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.Steve Wynn predicts a similar outcome.But we are not getting ahead of ourselves there.choctaw casino golf course

slot casino jackpot

clearwater casino insideAnd that bodes well for Las Vegas.Last May, ESPN suggested that the big players in the market might not be the names you traditionally associate with gambling in the US, noting that Microsoft, Sony, Reuters and Wall Street financial firm Cantor Fitzgerald, all had sports betting-related patents pending.All of us out here suffered.hollywood casino ohio onlineFinancial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.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.”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.free slots unblocked

valley forge casino resort 1160 1st ave

casino roulette kebel kaufen“We stay close to that to see how it would affect our assets and how we may choose to respond.”5 Billion MarketAccording to a recent study by Eilers & Krejcik Gaming, a regulated US sports betting market could be worth .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.”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.And that bodes well for Las Vegas.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.resorts casino bonus codes