paragon casino fireworksAristocrat, 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.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 .sunset station casino gift shopAristocrat Leisure’s two main US competitors, International Game Technology (IGT) and Scientific Games, will also benefit from the tax plan, Morgan Stanley stated.“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.And that bodes well for Las Vegas.hard rock casino vaccine

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sunset station casino jobs”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.“There are some changes coming that we pay attention to,” he said.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.roulette casino en ligneWell, everything is changed, and we’re going to ride this at full speed.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.Paired with industry analysts bullish on Macau, it’s no smgm grand casino garage height

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no download blackjackAnd that bodes well for Las Vegas.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.That’s an increase of more than six percent.Steve Wynn predicts a similar outcome.But we are not getting ahead of ourselves there.Aristocrat confirmed to The Sydney Morning Herald this week that “any reduction in twin river casino minimum ageUS corporate tax rates will be beneficial.casino near me portland