oxford england casinoTaking 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.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.Patents PendingIt’s been speculated that many of America’s tech giants would be well-positioned to enter a future market.golden nugget casino ownerGaming 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.All of us out here suffered.Paired with industry analysts bullish on Macau, it’s no spechanga casino near me

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ruby slots 50 free chip 2019Financial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.But eight years late, it’s all turned around.And that bodes well for Las Vegas.mgm grand casino hotelAnd that bodes well for Las Vegas.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.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.winstar world casino location

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gambling at foxwoods”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 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.(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.8 billion annually, with an estimated 44 million Americans betting 5 billion per year.We were victimized by the wet blanket, over-regulatory oppressiveness of the Obama administration.That’s an increase of more than six percent.blackjack casino payout