kansas star casino general managerGaming 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.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.”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.seminole casino in tampa8 billion annually, with an estimated 44 million Americans betting 5 billion per year.Well, everything is changed, and we’re going to ride this at full speed.Financial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.no deposit bonus big dollar casino

island view resort and casino

cashman casino level 70Well, everything is changed, and we’re going to ride this at full speed.”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.little river casino senior dayAristocrat Leisure’s two main US competitors, International Game Technology (IGT) and Scientific Games, will also benefit from the tax plan, Morgan Stanley stated.Aristocrat, which has offices all over the world and its American headquarters in Las Vegas, has been paying a 36 percent tax on its US operations.When the US recession hit in 2008, gaming revenue plummeted nearly 13 percent on the Strip, as Americansis fanduel casino good saw their savings vanish and spending money dissipate.restaurants in nugget casino reno nv

oxford casino reviews

lucky tiger casino.comAristocrat confirmed to The Sydney Morning Herald this week that “any reduction in is fanduel casino goodUS corporate tax rates will be beneficial.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.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 .But we are not getting ahead of ourselves there.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.golden nugget casino history