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Chapter 466 Old Fox

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    Three hundred percent profit.

    A simple conversion is that if you invest one hundred, you will get three hundred back.

    After pondering for a moment, I asked Zhang Qiming: "So, what's the time limit?"

    Zhang Qiming answered simply: "One year."

    With my fingers tapping on the desk rhythmically, my eyes narrowed into a slit, I was considering whether it was worth it.

    Gambling is the most profitable industry. It is not impossible to earn three times the profit within a year.  It just depends on how big the early spread is.

    ¡°If I just opened a casino, I would be confident that I could achieve a 300% profit in half a year, not just in one year.  But if the investment is too large and extravagant, no one else, let alone me, can be sure that the casino will be profitable within a year.  It would be a good idea to get your money back within three to five years.

    This is no joke. Although gambling can bring huge profits, it also depends on the investment method.

    How much does it cost to directly build a racecourse, with manpower and material resources plus publicity and infrastructure?  However, even if a racecourse is built, it will not be profitable immediately. It must first find a partner. For example, some bosses raise private racehorses. Without the blessing of those prestigious racehorses, the racecourse will not make money quickly.  It always takes half a year to get all the miscellaneous things done. If you run it well for a year or two, you can turn a loss into a profit. If you continue to operate it, your annual income will be at least three to five times the investment.

    Another example is to directly open a gambling boat. The price of a gambling boat is at least more than one billion. Don¡¯t say I can¡¯t afford such a large investment. Even if I can afford it, how long will it take to get back the money?  Being able to make back the money in two, three or even five years is considered a good achievement.

    "If Mr. Yang agrees to this gambling agreement, then within the term of the agreement, Mr. Yang will hold 51% of the shares of the joint venture company, and we will hold 49% of the shares. All matters of the joint venture company will be handled by Mr. Yang.  For the Lord, we are only responsible for assisting.¡±

    After a pause, Zhang Qiming added: "Furthermore, if Mr. Yang fails to meet the conditions for betting within one year, then we will hold 51% of the shares, and Mr. Yang will hold 50% of the shares."  forty nine."

    My fingers tapped on the table rhythmically, making a "dong-dong-dong" sound.

    After Zhang Qiming¡¯s words were translated by the liar, I said, ¡°I have a question.¡±

    Zhang Qiming made a please gesture towards me, which meant that if I have anything to say, just say it.

    I said: "The scope of business is only in Da Nang within this year. If the extravagance is too big, it will be a problem to recover the cost within a year, let alone make a profit. I think you have had this problem of mine.  Think about it?"

    Zhang Qiming nodded for the third time and said: "Yes, we have indeed considered that within this year, we will only operate in Da Nang."

    I nodded and said, "Then I have one more condition."

    Zhang Qiming once again made a gesture of invitation to me.

    I said: "The racecourse, including the dog racing track, is not included in the agreement because the time cost of these two is too long. It is impossible to achieve a profit of 300% within a year. Turn a loss to  It¡¯s still possible to make a profit.¡±

    Zhang Qiming thought for a while, and then discussed it in a low voice with Wu Bei and others, and finally said: "If this gambling agreement is beneficial to Mr. Yang, then this gambling agreement is not a gambling. Why don't Mr. Yang directly  The holding is ready, right?"

    I frowned and said with a smile: "There are three My Khe hotels in Da Nang. In other words, I will open three casinos within a year, and the profits of these three casinos must exceed 300%. In this kind of situation  Under such circumstances, you still ask me to do the same for a horse racing track and a dog racing track? Simply, there is no need to sign this gambling agreement, you can just take control."

    Opening three casinos within one year and being able to recover the capital within one year is a normal casino business goal.  Even if the casino is hugely profitable, the cost of the casino is also greater. The casino is never a business where you can make a lot of money at once, but it pays attention to a long-term flow and accumulation.

    Of course, it is undeniable that casinos are hugely profitable. Once the money trickles down, wealth is accumulated faster than in any other industry. Only in the oil and arms trade, even with 'drugs', you can compete with each other.

    My Khe Hotel means that I can achieve a profit of 300% in the three casinos within a year, and the profit of the horse racing track and dog racing track will also be 300%.

    ¡°And what I mean is that the three casinos can make a profit of 300%, but the horse racing track and the dog racing track are not among them.

    ??This analysis, My Khe Hotel and I argued with each other for more than an hour.

    Finally, Zhang Qiming said: "Mr. Yang, our cooperation has been discussed for many days, and a lot of time was wasted. Now?The only solution is a gambling agreement, but I don't want Mr. Yang to still be so unhappy Sigh.  "

    At the end of the sentence, he shook his head and sighed.

    I burst out laughing, laughing angrily.

    "Mr. Ming has set an impossible task for me. Do you think I am a fool? Why should I sign a gambling agreement that is bound to lose?"

    Zhang Qiming said: "If Mr. Yang is bound to win a gambling agreement, why should we sign it?"

    It¡¯s the same thing again. When we started discussing this point an hour ago, Zhang Qiming said this sentence. It¡¯s still the same sentence now. I was also worn out.

    I rubbed my forehead and after a long time I said, "How about we all take a step back?"

    Zhang Qiming looked at me puzzled and said nothing, obviously waiting for my next words.

    ¡°I agree that racetracks and dog racing tracks should also be included in the scope of betting agreements.¡±

    After a short pause, I saw Zhang Qiming's happy face, and I felt very angry. Of course he was happy that I had taken such a big step back!

    But I didn¡¯t say anything later: ¡°I took a step back. Ming always has to take a step back. I have agreed to add the racetrack and dog racing track to the betting agreement, so should you also add it to the betting agreement?¡±  The profit amount should be lowered, such as turning losses into profits and recovering costs."

    After I finished speaking, the joy on Zhang Qiming¡¯s face froze, and his relaxed brows gradually wrinkled.

    At this time, Wu Bei whispered a few words behind Zhang Qiming. After hearing this, Zhang Qiming smiled and said: "Yes, you can do it according to Mr. Yang's wishes, but similarly, regarding the venue issue of the casino, I hope Mr. Yang  It is used in the form of buying.¡±

    I couldn't understand what he said. After thinking about it, I asked him: "What Mr. Ming means is that I am opening a casino in My Khe Hotel, and I have to buy the venue. Including the venue of the racecourse and dog racing track."  , they all have to be bought in my name, right?¡±

    Zhang Qiming nodded and added with a smile: "Not in Mr. Yang's personal name, but in the name of the joint venture gaming company."

    The implication is that you still have to spend money to buy it?

    There are too many things involved here.

    I looked at Zhang Qiming intently, and after a long time I took out a cigarette and lit one.

    Fox, this Qiming is just an old fox, he would rather die than suffer any loss!  (Remember the website address: www.hlnovel.com
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