Chapter 220: William Hill

Hassan, having made a fortune in a friendly match in Moscow, naturally wanted to show off to Ivankov on the phone. Ivankov, the www.biquge.info of the pen & the court, told Yuri about it, and Yuri soon found new business opportunities from it.

Although it is said that opening a casino can make more money, but the cost is not small, just the luxurious decoration in the casino, the money for hiring actors, and the expenses of the staff will swallow up a lot of Yuri's profits every day, if it weren't for the black income behind it, Taj Mahal would have closed down a long time ago. And more importantly, it is very difficult for large casinos to expand their business, first of all, not all places can open casinos, and secondly, casino licenses are also expensive, plus the salaries of professional dealers and security personnel, it is simply a gold-eating monster. In the case of Taj Mahal, the casino only makes a lot of money during the annual tourist season, and on weekdays it is mainly for individual customers. But whether there are guests or not, Taj Mahal has to open the door as usual, so the cost of each day is indispensable. So in a year, Taj Mahal only has a few months to make a profit on her own.

If Taj Mahal is compared to a high-end department store in the retail industry, a company like William Hill is a roadside convenience store. Although they are both bookmakers, William Hill's annual revenue is several times that of Taj Mahal. William Hill's business mainly involves two aspects, one is the cheap hotel, which is the type of cheap chain hotel in later generations, but its scale is not a chain. The second is the betting business on sports events.

Yuri met the company's CEO at a gathering of the Atlantic City Gaming Association, who seemed to be having financial problems and wanted to seek a partner across the ocean in the United States. Unfortunately, this is the United States, where people are interested in baseball and rugby, and few people are interested in soccer. Yuri is different, he came from the Gorky Automobile Factory and has always been a fan of the Gorky Volga club, so he understands very well what kind of business the other party is talking to him. Yuri soon became interested in William Hill. Because William Hill's betting shop business and budget hotel business are so well suited to handle money.

However, after that, Yuri was busy with his own affairs, and he did not have time to continue to move forward with the plan to cooperate with William Hill. It wasn't until the news from Hassan that he remembered the incident again.

"Sounds good! Yuri, I have a big project on hand right now, and I don't have time to go to your side yet. If you see it, you can settle it, as long as the price is right, we can buy it first! Seryosha said indifferently.

"Seryosha, I'm interested not only in the business of betting shops, but also in cheap hotels! This kind of business is so convenient to handle funds! As long as the location is suitable, the price is cheap, and the cash flow generated every day is enough for us to hide from the world! Yuri explained to Seryosha in a suppressed voice of excitement.

"You're right, Yuri, as long as the hotel is opened, our capital business can be expanded to these places! No more gambling bans! Seryosha realized that Yuri was not really interested in betting shops, but in the cheap hotel business, and of course betting shops were also a good business. No one can check the cash and turnover of this kind of company, which is safer than a head account, just like a mafia laundromat. However, laundries are not as profitable as hotels.

Seryosha thought seriously for a while, and then said: "Yuri, I'll introduce you to an investment bank and let them help you do this, no matter how much money you have, you have to take down this company!" Then within two years, I'm going to have William Hill's hotel chain open in major cities in North America and Western Europe! ”

"Great, Seryosha, I'm just waiting for your words!" Yuri said excitedly.

After Seryosha hung up the phone, he called Karim out and said to him: "You know the people from Rothschild Bank very well, don't you?" ”

"Yes, I almost always ask them for trading every time I make an acquisition!" Karim blinked his eyes and asked curiously, is there something wrong with Rothschild Bank?

"Contact them, Yuri has a business to do, it's a British company! That's the base camp of Rothschild Bank, and they should be pretty sure! Seryosha explained.

"What company?" Karim asked.

"William Hill, have you heard of it?" Seryosha asked rhetorically.

"That bookmaker! Yuri really wants to be a casino tycoon! Karim said with a grin.

"Why, you really know this company! How do you know, do you also watch the Premier League? Seryosha asked curiously.

"No, a lot of my clients love horse racing. Didn't I tell you that I also have a few racehorses in the UK? This company is the largest horse racing betting company, and their odds are quite accurate! I've worked with them a few times, and it's a small profit. By the way, they also have tennis and greyhound racing businesses, and sometimes they even predict when the prime minister will resign! Karim happily introduced to Seryosha.

It was the first time that Kalim had heard of a racehorse Seryosha, and Seryosha knew that it was an activity that the British aristocracy was keen on, and of course it was collecting. Karim's disappearance in Europe took the upper route, so it's no wonder that she even went to the United States to do business with British financiers. Old Amin does have a few brushes at least when it comes to teaching his daughter.

"When will Monsanto's affairs be decided?" Seryosha asked suddenly.

"Now we have signed a legally binding letter of intent for mergers and acquisitions, in principle, as long as we do not give up the acquisition, it is impossible for Monsanto to contact other buyers or terminate the merger, otherwise we will be compensated hundreds of millions of liquidated damages. Of course, if we can't come up with so much money or give up the acquisition, we must also give the other party a certain amount of compensation! Now the progress is all on the Deloitte side, they must liquidate and inventory all the assets of Monsanto as soon as possible, and then we can sign, after all, if we miss an important patent, technology or the other party deliberately hides assets, then we are the ones who suffer, this kind of thing is not in a hurry! Karim replied.

"Oh well! I'm nominally here to negotiate the grain import business, and how do you want to export American wheat to the Soviet Union? Seryosha asked curiously.

"Quite simply, the buyer of this batch of wheat is the Romanov trading company. We are a company of permanent neutrality, and we have the right to do business with any customer in the world, and as long as the grain enters our warehouse, it is difficult to say whether it is American wheat or Canadian wheat! Karim said confidently.