CBRE analyst forecasts US tax bill could support casino spending

CBRE equity research director John DeCree said the One Big Beautiful Bill Act could support spending among US casino customers, particularly in Las Vegas. He estimated that tax savings for tipped workers could add more than $230 million in spending power across the Las Vegas Valley, while the bill’s 90% gambling-loss deduction cap begins in 2026. DeCree said the cap could increase tax liabilities for some gamblers and reduce recreational betting volumes.