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Chapter 519: MGM Hotel

"Don't worry, James, this bank, not only do we put money into it ourselves, but he Bernard will also have to come up with some real money to play at that time, and this bank will not be easy for him to use alone, there must be corresponding checks and balances, and this is different from his fund. ”

Li Zhiyang said with a smile, in fact, he had been thinking about this issue some time ago.

Now he has too much money, but what to do with so much money?

It's better to simply open your own bank and make it cheaper. And when the time comes, you can get a lot of money from other people, which is also a great thing.

But at that time, Li Zhiyang had a headache because if he wanted to open a bank, he needed a qualified manager for so long, but now it is not easy to find a good manager.

Look at the current Wall Street, although it is claimed that many elites have lost their jobs, some time ago, there was even a rather ridiculous news, that is, a group of Celestial Empire enterprises actually clamored to come to Wall Street and pack talents, saying that they wanted to invite back the financial elites of those careers.

After Li Zhiyang heard this, he was really quite speechless, and many elites in his country are still unemployed? Why don't they care?

Could it be that if they really invited these foreign fathers to go back, they would be able to try all things? Could it be that these guys are just heaven and earth, and can do anything?

If they were that powerful, then how could they lose their jobs? How did they get to where Wall Street is today?

Li Zhiyang really doesn't know what the so-called domestic entrepreneurs who frequently show their faces on TV and brag about what they think, but according to his understanding, those grandsons are likely to have changed their nationalities to American citizens

But this matter, in Li Zhiyang's opinion, no matter how you look at it, it is how you feel disgusting

There are not a few unemployed people on Wall Street now, and it is not a problem at all to hire some people, but there are many of these Americans, all of whom are stupid people who do not learn or have no skills, or are simply fools with mixed diplomas

It is impossible to expect these guys to succeed, not everyone on Wall Street is an elite at all, and some of them are indeed only able to use some words of actual trading skills.

But they are far from the real so-called elite

But these people are exactly the people Li Zhiyang needs at present, he doesn't need too much senior management, the current senior management in the United States, waste a lot of the company's funds every year, and the efficiency is still low.

If he is to build a bank, then such a management must be streamlined, and the anti-shock capitalists are not just trying to exploit people's micro-services

But these are all left to James to worry about, now the two of them have talked about the topic here, and he will return to the Celestial Empire in a few days, so this side of the matter still has to be completed by James.

As for inviting Bernard, in Li Zhiyang's view, it is actually just a show, and there are more forms of gimmicks, after all, Bernard's head now has the title of Wall Street stock god, which is not much worse than Buffett.

And in addition, in recent times, he has been able to repay his customers' money on time, and his current reputation on Wall Street, not to mention, the old guy is a bit of an old man.

That's why Li Zhiyang came up with the idea of inviting him over to join, but what he was sure of was that Bernard would definitely not postpone it.

"By the way, Zhiyang, in fact, we can have a better investment direction. ”

James said as if he had suddenly remembered something.

"Oh?

Li Zhiyang was very interested in James's proposal, and James easily didn't make any proposals, but if he did, then this idea would definitely be quite a good one.

After all, James, who has been in the business world for many years, is still quite cautious in choosing the direction of investment and projects, and in addition, he has a group of very professional people around him to help him, take care of, and calculate these things, so his selected projects are generally not very bad.

"Hehe, how about we open a casino in Las Vegas?"

James said it seemed to be a breeze and drizzle, and he didn't take this matter to heart at all, but when Li Zhiyang heard it, it was like a thunderous vibration on the ground.

You must know that this is the United States, and Las Vegas is one of the most famous places in the hearts of gamblers in the world.

And what's easier than laundering money through a casino?

Now Las Vegas has more than 30 million tourists every year, of which 50 to 80 percent are tourists who come to the Celestial Empire.

These people probably bring hundreds of billions of dollars in profits to Las Vegas every year, and except for some of this money that flows into the pockets of the US government, the rest of it has greatly stimulated the economic prosperity of the United States.

Whenever he thinks of this, Li Zhiyang feels a little pity, if he can earn this money, how good would it be?

Now James's proposal undoubtedly makes Li Zhiyang's eyes shine, and it is indeed a very good idea.

Las Vegas is no longer like it was in the sixties and seventies, when the mafia, especially the Italian-American mafia, was once rampant on the East Coast of the United States because of the assassination of President Kennedy.

was severely cracked down by the federal authorities in the United States, and in order to avoid the government's crackdown, many big families chose to go to the West Coast to open up wasteland.

As a result, these families, in the desert of Nevada, manipulated and built large casinos, and finally made this place completely prosperous, and this place became today's Las Vegas.

In fact, what really made Las Vegas flourish is not only the gambling industry here, but also the rise and popularity of cocaine and drugs in the United States since the sixties and seventies.

The reason why the United States once controlled two-thirds of the world's wealth after the war, and then the wealth it controlled shrank on a large scale, and now it accounts for only a dozen percent of the world economy.

Of course, this is also quite related to the crazy consumption of Americans, cocaine and drugs and other drugs.

As early as the late 60s of the last century, 10 years ago to the late 70s, Miami, one of the most serious drug smuggling areas in the United States, had an annual drug business turnover of more than 100 billion US dollars.

It seems that selling opium to get rich is not only applicable to the previous dynasties of the Celestial Empire, but also to the rest of the world.

And those big drug lords at that time, after making profits from drugs, wanted to launder their money, and the best way at that time was to go to Las Vegas for a walk, of course, although there would be a lot of losses, but after a turn, his money became very legal for a long time.

This is one of the main reasons why Las Vegas has been able to prosper so quickly, and until now, Las Vegas is still one of the largest money laundering transactions in the world.

Of course, the operation here is now more standardized and more secretive, you must know that most of the owners of the casinos in Las Vegas have changed, and they are no longer as before, all of them are controlled by the Italian mafia.

But these people who came up first are several times more ruthless than those Italians, and most of these casinos are now controlled in the name of the group.

Many of them belong to a big family or a large corporation in the United States, and the most important role of these casinos is, of course, to turn some of their illegal profits into legitimate profits.

And now the casinos in Las Vegas have a very close relationship with the largest consortium on the West Coast, the California consortium.

And the reason why the California consortium is very close to the previous White House, their Lockheed Martin, has always been the most beloved weapons manufacturing company of the Department of Defense, of course, there is a reason.

That is, they can provide quite special services for many important people in the White House, and these song services, of course, are always the characteristic services of Las Vegas.

Now James actually suggested that Li Zhiyang come to build a casino in Las Vegas to play, which Li Zhiyang really hadn't thought about much before.

If you have a casino of your own in such a place, then all your money can come to the door?

And once you have your own casino in Vegas, then I believe that it will be much more convenient to do things in the United States.

This is really a good idea, why can't you think of it yourself?

"I couldn't agree more with this idea, so now James, do you have any recommendations?"

Of course Li Zhiyang agreed, and he agreed quite a bit, after James finished speaking, he thought for a while, and then immediately asked James out loud.

James introduced him to the idea, so now it seems that James must have at least touched the bottom of the details.

"How's MGM Grand? ”

James said with a smile.

Li Zhiyang has indeed heard of this hotel, which is quite famous in Las Vegas, and it is the largest casino hotel in the world.

It can be regarded as one of the most luxurious casino hotels in Las Vegas, and was once named one of the top ten hotels in the world.

And this hotel is owned by the MGM Group, MGM Films, in the seventies of the last century, it was already sunset.

At the time he was killed by the Venom tycoon, Kirk, in Las Vegas. Kercorion bought it, and after that, MGM still released a number of classic movies.

And MGM was sold by Sony for $5 billion, and Li Zhiyang had only heard about these news on TV before.

But one of the things that impressed him the most was that in this financial crisis, MGM did not survive, and a few years ago, MGM invested in several bad movies.

For example, bad movies such as Wind Whisperers, after the collection of several bad movies, MGM was actually struggling and in trouble before the financial tsunami.

The outbreak of this financial tsunami was the last straw that broke MGM in due course.

If nothing else changes, MGM will declare bankruptcy two years later, which is one of the few memories of the company.

But now MGM is still struggling to survive at the moment, but as the owner of the MGM Grand Hotel, Kirk. Kercorion's son, Chris, who is now the head of MGM. Kercorion, however, is now living a difficult life.

In recent years, the gambling industry in Las Vegas, the competition is becoming increasingly fierce, everyone's life is honest, it is not too easy, in addition to the Monopoly Americans, other people also have gambling ghosts, but they are all petty fights.

Winning or losing is not big, in the world's other big gambling city, after Macau returned to the management of the Celestial Empire, many giants of the gambling industry in the United States have turned their attention to the East.

Everyone wants to get a piece of the pie from Macau, and you must know that the people of the Celestial Empire are good at gambling, which is already world-famous.

In any casino in the world now, in any capital, you can see a large number of active gamblers of the Celestial Empire.

So at that time, many American speculators planned to go to Macau to get involved, including Kirk.

At that time, several Las Vegas giants partnered together to invest billions of dollars in Macau, intending to make a fortune from the Celestial Empire high-rollers.

The effect is also quite good, in the Celestial Empire, as long as the current imperial court is still there, there is no need to worry about it for so long, there are no gamblers to gamble, those officials of the Yamen, if they gamble, they dare to shoot more than the rich people in the United States.

Many people gambled millions of dollars, which also made Chris a lot of money at that time, and later he also united several people from Hong Kong's X Society.

He provided the funds, and then those people stepped in to open the casino to North Korea, which had a very hostile relationship with the United States.

Where to work to the north of the Celestial Empire of the officials of the large and small yamen, gambled

Originally, his business was doing smoothly, but he still has to blame for this damn financial crisis, and now his investment in MGM Pictures is probably going to be in vain.

The entire film company is struggling, and many major shareholders are not very optimistic about the profitability of this company, and now everyone is not going to inject capital into it, just waiting for a fool to take over.

But he and several other tycoons are in need of money to invest in the new casino in Macau, and he has suffered a lot of losses in this financial crisis.

Although the MGM Hotel in Las Vegas is the mother machine that has always laid golden eggs, it is really a drop in the bucket for his current funding gap.

He has already tasted the benefits of the project in Macau, and now he can't withdraw at all, and if he does, then his loss is not small.

So now Chris is caught in a dilemma, the return rate of the project in Macau is a cut higher than that of the headquarters in the United States, and he does not have to face the cumbersome tax problems of paying taxes to the United States.

And he has the largest port in Asia, such as North Korea, and the northeast of Russia, and Vladivostok, but there are several large-scale projects, all of which are starting at the same time, and those are all hens that lay golden eggs.

And compared with the headquarters in the United States, its business capacity should be only strong, but it is now experiencing the most serious shortage of funds.

So he had to make a choice, and that was whether or not to give up the MGM Hotel that his dad had left him.

MGM movies, he doesn't worry, where is not his family's, there are shares of other shareholders in it, where the largest shareholder is Japanese, but this hotel is different, this is his family's private property.

In the wake of the recent news of the crisis in his financial chain, several Japanese consortia, as well as those in the Middle East, have asked him about the price of MGM hotels, although he has not yet announced that he will sell them.

But now in the eyes of the outside world, it is only a matter of time. And Chris knew very well that if he wanted to make more money, then he would have to sell the MGM hotel.

Now the news that he intends to sell MGM is just a rumor, and he has not come forward to confirm the authenticity of this news.

But as a frequent guest of the MGM Hotel and an old friend of Chris, James certainly knew Chris's thoughts, so at this time he put forward his ideas to his son-in-law Li Zhiyang.

Of course, Li Zhiyang didn't know so many ways here, he just thought James had some inside information

Of course, he didn't have any doubts about acquiring a casino, so when James proposed MGM, he was just shocked by the name of this hotel at first, but immediately, he regained his composure, isn't it a hotel microservice?

Now take it down and play with it, it's not bad

"James, if this hotel is going to be sold, what is the approximate price, and if the price is right, then let's take it down, it's not a big deal. By the way, do you know the owner of this hotel Weifu?"

Li Zhiyang didn't think much about it, so he asked.

"Well, I know the boss, this hotel, I estimate, according to the current world, a few billion dollars can almost be won, this money is nothing. ”

James said very proudly, after making a lot of money from London, these billions of dollars are really nothing to him.

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