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casino with poker table“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.“We stay close to that to see how it would affect our assets and how we may choose to respond.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.fanduel casino email”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.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.Financial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.fanduel casino winners

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soaring eagle casino players club(Image: Luis Alvarez/Associated Press)Investment bank Citi opines that it’s not only US-based gambling companies that stand to reap the financial rewards of Americans having more money in their pockets.“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.Steve Wynn predicts a similar outcome.Aristocrat confirmed to The Sydney Morning Herald this week that “any reduction in twin river casino minimum ageUS corporate tax rates will be beneficial.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.We were victimized by the wet blanket, over-regulatory oppressiveness of the Obama administration.golden nugget casino entertainment