
President Donald Trump attended the first gambling-related event in Las Vegas ever since he took office and started his second presidential term, consequently reaffirming his strong support for the gaming sector.
More specifically, President Trump visited Circa Resort and Casino in Las Vegas for what is his first official appearance as a president at a casino establishment, in an event that mostly featured pressing discussions on the gaming tax in the gaming industry.
Hosted by Derek Stevens, CEO of Circa Resort and Casino in Las Vegas, this groundbreaking event gathered industry leaders across all gaming sectors within the US who advocated for major reforms when it comes to slot taxes, as well as the removal of the excise tax in sports betting.
Today’s event is a testament to the president’s commitment to making sure that the tax code not only encourages job creation, but also ensures workers keep more of their hard-earned money.
On top of completely reforming the gaming taxes, the US gaming sector is also dedicated to creating responsible gambling initiatives and battling illegal gambling operators, especially since AGA’s (American Gaming Association) legal victory against unlicensed slot machines in the state of Virginia.
The Circa event once again showed the President’s support for the gaming sector, including crucial federal and economic relief measures during this first presidential term which helped casino establishments and resorts to recover from the negative impact of the COVID-19 lockdowns.
The US gaming sector has been constantly noticing steady and record-breaking growth in the last several years. According to AGA (American Gaming Association), the total commercial gaming revenue projected for 2024 is expected to surpass $67 billion, making for the fourth year in a row with record gains.
In fact, just in the third quarter, the iGaming industry netted a whopping $17.71 billion, a figure which is mostly driven by the rapid expansion of online gaming, which alone contributed to 29% of the total gaming revenue of 2024.