Soviet Godfather
Vol 3 Chapter 220: William Hill
Hassan made a fortune in the friendly match in Moscow, so he naturally wanted to show off to Ivankov on the phone. Ivankov, the fastest-updated Apex novel, told Yuri about this, and Yuri quickly discovered new business opportunities from it.
Although it is said that opening a casino can make more money, the cost is not small. The luxurious decoration in the casino, the money for hiring actors, and the expenses of the staff will eat up a lot of Yuri’s profits every day. It's not that there is black income to hold back, Taj Mahal has been closed long ago. And more importantly, it is very difficult for large casinos to expand their business. First of all, casinos are not available in all places. Secondly, casino licenses are also expensive, plus the salary of hiring professional croupiers and security personnel. It is simply a giant gold swallowing beast. Take Taj Mahal as an example. This casino can only make a lot of money during the tourist season of each year, and it is mainly based on individual guests on weekdays. But whether there are guests or not, Taj Mahal must open the door as usual, so the daily cost is indispensable. Therefore, in a year, Taj Mahal only has a few months to make a profit on his own ability.
If you compare Taj Mahal to an upscale department store in the retail industry, a company like William Hill is a roadside convenience store. Although all betting companies, William Hill’s annual revenue is several times that of Taj Mahal. William Hill’s business mainly involves two aspects, one is cheap hotels, which is the later generation of cheap hotel chain types, but its scale is not even a chain. The second is the betting business of sports events.
Yuri met the CEO of this company at a gathering of the Atlantic City Gaming Industry Association. The other party seemed to have encountered financial problems and hoped to seek partners in the United States on the other side of the ocean. It's a pity that this is the United States. Everyone is interested in baseball and rugby. Few people are interested in football. Yuri is different. He was born in the Gorky Automobile Factory and has always been a member of the Gorky Volga Club, so he knows what kind of business the other party is talking to him. Yuri quickly became interested in William Hill. Because William Hill's betting shop business and budget hotel business are really suitable for handling funds.
But after that, Yuri was busy with his own affairs, and has not had time to continue the cooperation plan with William Hill for the time being. It wasn't until the news from Hassan that he recalled the incident again.
"Sounds great! Yuri, I have a big project on hand now, and I don't have time to come to your side for the time being. If you find it right, you can decide it. As long as the price is right, we can buy it first!" Sergei said indifferently.
"Sergey Sha, I am not only interested in the business of betting shops, but also cheap hotels! This kind of business is very convenient for handling funds! As long as the location is right, the price is cheap, the cash flow generated every day is enough for us to hide from the sky! "Yuri suppressed the excitement and explained to Sergey Sha.
"You are right, Yuri, as long as the hotel is opened, our capital business can be expanded to these places! From now on, it will no longer be subject to the prohibition of gambling laws!" Sergei realized that Yuri really saw it. It is not a betting shop, but a cheap hotel business. Of course, the betting shop is also a very good business. No one can check the cash and turnover of this kind of company, and it is almost safer than a head account, just like the Mafia laundromat. But laundromats are not as profitable as hotels.
Sergei thought about it for a while, and then said: "Yuri, I will introduce you to an investment bank and let them do this for you. No matter how much money you have, you will have to win the company! Then within two years I will Let William Hill’s hotel chains spread across major cities in North America and Western Europe!"
"Great Sergey Sha, I'm just waiting for you!" Yuri said excitedly.
After Sergey hung up, he called Kalim inside and said to him, "Are you familiar with the people at Rothschild Bank?"
"Yes, I almost always look for them to trade every time I buy!" Kalim asked curiously with blinking eyes, is there any problem with the Rothschild Bank?
"Contact them, Yuri has a business to do, it is a British company! There is the headquarters of the Rothschild Bank, they should be very sure!" Xie Liosa explained.
"What company?" Kalim asked.
"William Hill, have you heard of it?" Sergei asked rhetorically.
"That bookmaker! Yuri really wants to be a casino tycoon!" Kalim said with a grin.
"Why, you really know this company! How do you know, don't you also watch the Premier League?" Sergey asked strangely.
"No, many of my clients like horse racing. Didn't I tell you how many horse racing I have in the UK? This company is the largest horse racing betting company~www.wuxiaspot.com~ Their odds are pretty good. Exactly! I have worked with them a few times, and it is a small profit. By the way, they also have tennis and greyhound business, and sometimes they even predict when the prime minister will resign!" Kalim happily told Sergey Sha introduced.
It was the first time I heard of Karim's racehorse Sergei. Sergei knew that this was a keen activity for the British aristocracy, and of course it was also a collection. Kalim's operations in Europe have gone the upper-level route. No wonder she has to pull British financiers even when she does business in the United States. Old Aming does at least have a few brushes in teaching his daughter.
"When will the Monsanto matter be settled?" Sergey 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, Monsanto will not be able to contact other buyers or terminate the merger. Otherwise, we will have to compensate us for hundreds of millions of defaults. 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! The current progress is all pressured by Deloitte. They must liquidate and inventory all Monsanto’s assets as soon as possible, and then we can Sign, after all, if we miss an important patent, technology, or the other party deliberately concealed assets, then it is us who will suffer. This kind of thing is in a hurry!" Kalim replied.
"Well then! I came here to discuss grain import business in name. Canadian wheat is easy to say. How do you want to export American wheat to the Soviet Union?" Sergey asked curiously.
"It's very simple. The buyer of this batch of wheat is Romanov Trading Company. We are a permanently neutral company and have the right to do business with any customer in the world. As long as the grain enters our warehouse, it is hard to say that it is from the United States. Wheat is still Canadian wheat!" Kalim said confidently.
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