Chapter 332 The Idea of Diversified Investment (Three Watches Continue to Ask for Votes~)

Atlantic City has long been a city that thrives primarily on gaming, but the increasing number of new casinos opening in neighbouring areas such as New York and Pennsylvania in recent years has put increasing pressure on the gaming industry, which is the backbone of Atlantic City's economy.

In addition, the local gaming market is severely saturated and homogeneous, and has not been able to diversify into tourism, conventions and entertainment for many years.

The new casinos in the saturated Northeast of the United States, such as New York, did not succeed in expanding the entire pie, but instead cut the original cake into smaller and finer pieces.

Casino management and many analysts believe that the decline in the number of casinos reflects the shrinking gaming market on which Atlantic City depends, and that it is imperative to expand investment in tourism and entertainment.

With fewer casinos and more investment in other entertainment, visitors come here not just to gamble, but to spend their holidays with their families.

After Lin Zitan discussed with Eric, although this shrewd guy was very interested, he didn't dare to invest hundreds of millions of dollars at once, so he asked Lin Zitan to find another partner.

Lin Zitan and Steve discussed this matter, Steve was interested, but said that he couldn't come up with the money, and finally when they were about to give up, Emma's cousin Eddie suddenly found him and said that he was interested in cooperating.

Since the first meeting with Eddie, Lin Zitan has probably met Eddie at the family banquet organized by Old Johnson every year, and at first it can be said that he is a nodding friend, but after so many years,

Emma's family has also changed their opinion of Lin Zitan, especially Eddie, who occasionally discusses the current economic situation and investment philosophy with Lin Zitan.

Eddie's main industries are in car sales and hospitality, and his two hotels in Atlantic City have also been severely affected by the economic contraction, and if not to the point of closing their doors, their turnover has plummeted from previous years.

With the increasing number of Asian American populations and Chinese tourists, many casinos have taken the flow of Chinese American guests very seriously, not only driving special buses from Flushing, Chinatown and Brooklyn to bring Chinese tourists to Atlantic City every day.

There are many casinos that have dedicated Asian gambling areas with small facilities that are popular with Asians, and they even have a large number of staff who specialize in the Chinese market full-time, and many dealers, security guards and executive directors use Asian staff.

Eddie hopes that Lin Zitan can help retain and attract Chinese customers, and based on Lin Zitan's understanding of the cultural background of Chinese customers, he will work with him to develop some targeted entertainment programs.

Lin Zitan, who was already concerned about Atlantic City, found an accountant and a dedicated investment analysis team to evaluate and further understand and analyze Eddie's proposal.

Although he wants to make bigger investments, he is still relatively conservative in his ability to take investment risks, and he doesn't want to lose all the money because of a momentary mistake.

In order to better understand and experience the investment environment in Atlantic City, he first asked the real estate team to buy a house nearby, and took Emma there for a weekend vacation to learn about the local customs.

Before the house was completed, Zhang Jing's family returned.

Lin Zitan put down his work and went to the airport to pick up people with Emma, and by the way, he envied Zhang Jing's skills.

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"Do you want to invest in Atlantic City?"

After the two families finished eating at the high-end restaurant specially booked by Lin Zitan, Lin Zitan and Zhang Jing talked about things in the study at home, and Emma and Alice sat outside in the living room and chatted quietly.

"I'm thinking about it, didn't I hear that several casinos are going to close some time ago? I wanted to buy the bottom at a low price, but I couldn't find a suitable partner, and I didn't have that much money myself.

He is now considering working with Emma's cousin to create an integrated entertainment industry in terms of dining, spa, shopping and entertainment. ”

Lin Zitan said and turned on the iPad and showed Zhang Jing the planning map he had made before.

"To be honest, I didn't know until I left the United States that the domestic entertainment industry has been really hot in recent years, and I'm not happy if you let me invest here now, so I came this time to visit my father-in-law.

I also want to talk to you about investment!" Zhang Jing said after reading it.

"What kind of investment?, film and television?" Lin Zitan wondered.

"Film and television are of course one thing, the hottest thing in China now is, of course, real estate, you have also seen, the place you bought before, now the house price has soared to more than 10,000,

I'm starting to regret that I pre-sold too early, the pricing was so low. Hehe~" Zhang Jing said with a smile.

"Didn't I ask you to buy more apartments in Dadonghu before, you were quite hesitant at the time, didn't you?" Lin Zi teased.

"Now there is a thriving scene everywhere in the country, not only in F Province, but also in the whole country.

Now the most profitable is real estate, of course, the entertainment industry is a new force, some people say that now China's cultural and entertainment industry is in an unprecedented "golden age", and is expected to reach 450 billion in 2015.

Now that we have surpassed Japan to become the largest country in the Asian market, it is very promising to invest in the entertainment industry now. ”

Zhang Jing said that he was right, which caused Lin Zitan to be a little nervous, thinking that it seemed that he had to prepare to carry out diversified investment!

The two of them chatted for an hour or two, and when they came out, they found that Emma and Alice had gone to their rooms to take a nap, so they quietly returned to the study and continued to chat.

"Why don't we go to Atlantic City another day?" We've been in New York before, and we haven't been to other cities much yet!" Lin Zitan suggested.

"Yes, yes, but I have to see Alice's reaction, although she is only four or five months now, I don't want her to be too tired, if it weren't for her repeated promises that it would be okay, I really want her to come back after giving birth. ”

Zhang Jing had the posture of a good man, and Lin Zitan's eyes glared out.

"You can do this, I haven't seen you change from a scumbag to a 24-year-old filial man, you!" Lin Zitan said with a smile.

"That's because you've met the right person, aren't you very knowledgeable now, I don't think you take care of Emma?"

"That's it, I'm a good man~" Lin Zitan said proudly.

"Come on, you, one thing for another, why didn't I see you so fond of Elsa before? By the way, you said that Leo's family has become like this, what happened to your ex-girlfriend?"

Zhang Jing couldn't help but gossip.

"I don't know, I haven't inquired~" Lin Zitan shrugged his shoulders and said.

"To be honest, to be ruthless, you are really ruthless, and you have been talking for so long, you two. Zhang Jing couldn't help but say.

"I admit that I really didn't pay attention to the relationship between children and daughters at that time, and I admit that you say I'm a scum!" Lin Zi frowned, noncommittal.

"By the way, how is that little sister Zhuang in your family? I haven't heard you mention her for a long time. Zhang Jing continued.

"It's not good, I graduated from college and entered an accounting firm, and now it's okay, the job is relatively stable, but I haven't gotten a green card yet. Lin Zitan said lightly.

"To be honest, if they want to stay here after studying abroad, it is actually quite difficult to get a green card except for marriage. Zhang Jing sighed.

"Yes, except for getting married, I can only find other ways to get on the stage, and I think she probably doesn't want to, so she hasn't seen her eyebrows. Lin Zi sighed and said.