1982
Lynch encircled a very large area in the central part of Slem's urban planning.
The mayor of Slem City has no objections to this.
He even handed over the planning plan directly to Lynch, and Lynch could do whatever he wanted.
For them, the few years they spent in Nagaril were just a springboard to find better places to work in the future.
They are not like mayors, governors, etc. in certain areas of the federal territory, who intend to sit in that position for the rest of their lives.
They have no intention of working in this damn place for twenty or thirty years, and they may even stay here forever.
As long as Lynch's investment can be realized, this will be a political achievement that no one can erase for the mayor. In the future, whether he enters Congress or continues to advance in government, it will be beneficial!
For the construction of this part of the building, Lynch used his own construction team. These guys used to do military fortifications for the Ministry of National Defense and would never cut corners.
"I want to build a comprehensive and huge casino here, and this part is the arena."
Lynch pointed to the finished model and introduced his projects to businessmen from all over the world.
In his budget, the entire project, including supporting projects, will cost approximately 2.5 billion.
He spent 1.5 billion and then raised another 1 billion in external financing to establish the "Light of the World Entertainment Group", a large, comprehensive group company.
Business content includes hotels, tourism, casinos, performances, etc.
A giant in the entertainment industry!
These investors from all over the world were sitting here honestly, listening to Lynch present the blueprint in his mind.
At this time, someone asked a question, "Mr. Lynch, are the fights in the arena a performance, or..."
Lynch raised his hand to interrupt him, "Of course it's a real gladiatorial fight, otherwise I wouldn't have the need to build such a large arena!"
The man asked again, "If it was a real fight, would there be any legal problems?"
At this time, Lynch looked at the professor, who stood up and expressed his identity.
What she said as the president of the state Senate, the second-in-command after the governor, was enough.
"As for this gentleman's considerations, there is actually no need to worry at all."
"This time our three new special states were commissioned by the federal government to build and develop under the new federal government of Nagaril. We will respect and abide by the laws of the new federal government of Nagaril."
"In Nagaril, gladiatorial games and duels are protected by law."
"So don't worry, everyone..."
After the professor sat down, a small group of people began to breathe rapidly.
Lynch knew them, and these people ran some gambling companies.
Gambling is a legal business in the federal government, but there is a prerequisite, which is that it must have a license issued by the federal government.
Casinos, gambling, these are invisible industries.
No one cares about how much tax a casino pays in a year. They only care about whether they can leave with more money after entering the casino.
Last year, federal gambling and gambling tax returns exceeded 1.1 billion. This was because of the war and the overall consumer population shrank.
In the best years, before the Great Recession, the gambling industry’s annual tax returns were more than three billion!
Of course, gambling and betting are special industries in the federal government and require special taxes, sometimes up to 90%!
But even so, these people are still very rich!
Now, their eyes are focused on Lynch's new project.
In fact, some underground casinos also have boxing betting, but Lynch's game is obviously bigger and more open!
what does that mean?
This means they are already involved and can accept bets from all over the world!
This can make all the fucking money in the world!
So when the professor explained to them that Nagaril's laws allowed Lynch to do this, these people immediately expressed their strong intention to invest!
"Mr. Lynch!"
A middle-aged man who looked to be in his forties stood up and said, "Let us pay for the remaining one billion."
As soon as this guy said this, the whole place was in an uproar!
Lynch's investment of 1.5 billion was not a one-time investment, but even so it was enough to shock the world!
There are really not many people who can spend 1.5 billion these days. Even large consortiums, not the top ones, will find it difficult to come up with so much.
It is possible for banks, but will banks invest so much at once?
More people still believe that the investment is ultimately completed by multiple shareholders, and there are about dozens, or even hundreds, of these multiple shareholders!
Before they have time to figure out how much money they want to invest, someone here wants to cover it all.
This also made people immediately realize the value of this project.
Suddenly, the entire meeting became chaotic. Everyone was expressing their opinions. Lynch did not answer them, but just watched patiently.
After a while, when they realized that such an argument was pointless, they all stopped immediately.
Then Lin Qi smiled and raised his hand, "Everyone, please sit down."
"I would certainly welcome any ladies and gentlemen who would like to invest in a central casino."
"But I must tell you the complete planning direction of the entire city, otherwise this will be fraud!"
"First of all, this casino is not the only casino in Slem."
"My plan is to build a more complete and differentiated casino area around the Slem Center Casino."
"This place will be built into the center of the world's gambling games, where anyone can find the game style and happiness they want."
"Secondly, we all know that casinos are special operations, so here we still adopt the federal operating method and invest in the form of issuing licenses."
"Those who freely operate casino business need to obtain a "Casino Business License"..."
He picked up a permit, showed it to everyone, and put it on the screen.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! "Individuals or organizations with licenses can establish and operate casinos in Slem and designated cities in this state."
"The license is a lifelong system. As long as the holder does not die, the license will always be valid."
"But in addition to normal taxes every year, you also need to pay one thousandth of the total turnover to the state government as management fees."
"After the death of the holder, the license will be renewed in accordance with wills and inheritance laws."
"Currently the state will issue nine licenses, one of which is already in my hands, and that's what we're going to do next."
"Auctions and Investments."
"The auction is of course an auction for a license. After all, only with this thing can we legally operate a casino."
"As for how much money we can get at the auction, I actually don't know. It might be very cheap, because I know some people are not optimistic about our plan."
"It may be very high, there will always be someone who understands what a world-wide casino represents!"
He paused as he spoke, and the expressions of many people also changed, especially those sitting in the last row and in the middle.
These people in the last row are big figures in the federal underground world. They come from the largest criminal group in the federation.
They themselves have opened many underground casinos, both legal and illegal.
And sitting in the middle, there are many bankers from the federal and international countries. They know the operation of capital and wealth better than others!
But this is not the most important thing. The most important thing is that casinos are a good place to launder money!
At present, the money laundering fees of federal underground banks have exceeded 55%, which means that one million black money has been laundered through these underground banks, and only 450,000 is left.
This is still the market price, sometimes it will be less.
Because of the entry of international hot money and the federal government's requirement for the Federal Bank to deepen and increase monitoring of capital flows in anonymous accounts and overseas accounts, the cost of money laundering has become even greater.
In the past, this money could be circulated from domestic to foreign countries, and then it could be brought into the federation in the name of investment after paying taxes for any reason, and that would be fine.
But now circulation is monitored and declarations are required for overseas entry, which adds a lot of procedures and makes it easier to be discovered.
But if the money flows into Slem and then flows back, the risk will be reduced, the cost will also be reduced, and the income of these underground banks will increase during the money laundering process!
There are tens of billions of money that need to be laundered every year around the world. This is big business!
Rather than leaving these to less-safe casino operators to clean, it would be more appropriate to run a casino yourself to clean them!
Regardless of whether it is legal or illegal, above ground or underground, at this moment, everyone's heart is moved.
Lin Qi glanced at the professor, and the professor's eyes changed. Apart from admiration, she could not find any words to describe her change of mood towards Lin Qi!
When Lynch told her and Catherine that except for the license plate in his hand, the other eight license plates could be sold for at least 2 billion, they didn't believe it.
After all, everyone knows that the federal indigenous people in the reserve can apply for a restricted low-tax license for free, and they can help with only tens of thousands of dollars. Why do people spend so much money to invest in Slem?
But the fanaticism of these people at this time has verified Lynch's deduction.
As the discussion gradually disappeared, everyone seemed to have an idea.
Lynch continued, "The remaining investment in my casino will be recruited after the photo auction is over."
"But I hope everyone can understand one thing: investment ratio is not equal to share ratio."
He paused as he spoke, giving these people some time to think, and then continued to introduce his casino.
Slem is not far from the coastline, and he plans to build another small port to facilitate the reception of guests.
At the same time, he also told everyone that in Nagaril, recruiting is protected by law.
Chapter completed!