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casino k9”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.Paired with industry analysts bullish on Macau, it’s no s(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.is the seneca niagara casino poker room openWhen the US recession hit in 2008, gaming revenue plummeted nearly 13 percent on the Strip, as Americans3 dice casino no deposit bonus saw their savings vanish and spending money dissipate.But we are not getting ahead of ourselves there.“We stay close to that to see how it would affect our assets and how we may choose to respond.foxwoods resort casino 301 qualifying miami club casino deposit bonuscliff castle casino 4th of july 2020That number, per Morgan Stanley, will drop under the Tax Cuts and Jobs Act and subsequently deliver a global nine percent bonus to the manufacturer’s bottom line: 70 percent of the company’s revenue is generated in the United States.”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.“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.caesar casino appBut eight years late, it’s all turned around.Steve Wynn predicts a similar outcome.And that bodes well for Las Vegas.paragon casino pet friendly twin river casino alcohol hoursharrah s casino hotel phone numberGaming 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.“We stay close to that to see how it would affect our assets and how we may choose to respond.I’ve not looked at anything in detail.Paired with industry analysts bullish on Macau, it’s no s”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.When the US recession hit in 2008, gaming revenue plummeted nearly 13 percent on the Strip, as Americans3 dice casino no deposit bonus saw their savings vanish and spending money dissipate.black bear casino pet friendly bicycle casino playing cards |