santa ana casino christmas events(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.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.Steve Wynn predicts a similar outcome.downstream casino golf courseWe were victimized by the wet blanket, over-regulatory oppressiveness of the Obama administration.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.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.is bingo open at foxwoods casino

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bicycle casino emailBut 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.That 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.resorts casino check out time“We stay close to that to see how it would affect our assets and how we may choose to respond.Financial experts believe President Trump’s recent tax reform measures will strengthen the hand of gaming stocks.”5 Billion MarketAccording to a recent study by Eilers & Krejcik Gaming, a regulated US sports betting market could be worth .wild horse pab casino phoenix arizona

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south lake tahoe casinos are they open”5 Billion MarketAccording to a recent study by Eilers & Krejcik Gaming, a regulated US sports betting market could be worth .8 billion annually, with an estimated 44 million Americans betting 5 billion per year.“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.All of us out here suffered.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.That 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.santa ana star casino light show