President Donald Trump’s tariffs, the economic upheaval they have caused and drastic spending cuts being carried out by his administration could hurt the gambling industry, but they also could help it by spurring more cash-starved states to adopt or expand gambling.
That was the view from numerous Wall Street and gambling experts speaking Tuesday at a major casino conference in the resort.
Panelists at the East Coast Gaming Congress said economic turmoil resulting from the president’s imposition — and subsequent pausing — of tariffs on most countries is creating vast uncertainty for businesses, including casinos.
And travel to the United States from other countries is decreasing, they said.
