kansas star casino free play”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.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.mountaineer casino live streamGaming 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.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.(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.casinos near me

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wildhorse casinoBut we are not getting ahead of ourselves there.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.”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.phone number for jamul casino“We stay close to that to see how it would affect our assets and how we may choose to respond.But we are not getting ahead of ourselves there.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.resorts world casino update

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