After the project of Jiangyuan Road, we will talk about Jeju Island.
The entertainment complex with a planned investment of $500 million is, of course, for the tourists next door.
This is just the beginning.
With the deeper understanding of the gambling industry, Simon gradually understands that the gambling industry also has a very obvious 28 law, that is, 20% of high-end users contribute more than 80% of the industry's revenue. If you want to attract 20% of the high-end customers, you must be willing to invest a lot of money to build the top and most luxurious hotels, casinos, resorts and other supporting facilities, so as to provide meticulous VIP services for high-end customers.
Why did South Korea, which is also open to gambling, almost remain silent while Macao's gambling industry is advancing by leaps and bounds? Later, why did Chinese real estate developers spend 10 billion to try to build new casinos in South Korea? This is basically the reason.
Macao has the most luxurious large-scale Casino hotels in Asia and even the world, while South Korea, because of its weak foundation, inevitably looks too small and can not attract too many high-end customers.
Simon now carries out high-end layout in South Korea, which is easier to control. Even if he still can't compete with Macao in the future, after all, some thresholds can't be broken, but at least he can get a bigger cake than before.
What's more, Simon doesn't intend to let go of Macao as long as it opens license bidding in the next few years.
Since the cooperation is determined, the things that should be explained must be explained clearly.
At the gambling table in the VIP Hall.
After hearing Simon's general idea, Tian paradise was obviously a little incredible: "Mr. westero, you choose to invest in the casino in JiangYuanDao. I believe in this vision. The only casino that can be legally opened to its nationals is just this privilege. If I have enough funds, I will not hesitate to invest. But I have been paying attention to Jeju Island. You must know that the main tourists on Jeju Island are still domestic residents, with a large proportion More than 90%, and domestic residents are not allowed to enter the casino. The average consumption level of foreign tourists who can enter the casino is also very low, which is far lower than that in Seoul. "
Simon looked at the last card just sent by the Dutch official, lost several chips of 1 million won and said, "Tian, I think my meaning has been very clear. I invest in the future, not now."
Tian paradise opposite also took the last card, followed up the bet and asked: "The question is, Mr. westero, how do you determine your own future? China... Maybe their reforms over the years have created a group of rich people, but their consumption power is still far lower than that of western customers, and the number is not much after all. As for the future, with all due respect, there are great variables in China's future?"
After everyone bet, Simon showed his two pairs and looked at the others shaking their heads. The charge officer pushed the chips in front of him. After weighing the chips, Simon said: "It seems that I'm lucky, isn't it? Moreover, if I know more about China, Tian, I must be much better than you, so I stick to my own judgment. It's a big deal, just think it's a gamble. If we win the gamble, we're sitting on the winners. If we lose, I'm the only one who loses. You have nothing to worry about."
Tian paradise looked at Simon with a cautious expression and said, "theoretically, I certainly don't need to worry, but I still hope our cooperation can succeed."
This is true.
Compared with the behind the scenes families of giants such as Samsung and Hyundai, Tian is not even a chaebol. It is definitely lucky to climb the towering tree of the Westeros system.
If this cooperation fails, Simon westero, a trillion dollar super tycoon, will feel no pain. Tian's family will not only lose the opportunity to be promoted to a real chaebol family, but may even be implicated. After all, small fish and shrimp can't stand big winds and waves.
"I'm satisfied with your attitude, Tian," Simon said with a smile. "If you really expect me to succeed, obviously, we will succeed together, then you shouldn't worry too much, but start implementing our plan as soon as possible. I hope that by next year, the park group can win at least half of the eight casino licenses on Jeju Island."
Tian paradise saw Simon's firm attitude and stopped talking. He nodded and said, "this is not a problem, Simon. Because of the economic crisis, the operation of the eight casinos on Jeju Island is more difficult than us. Now it's OK to take all of them, not to mention half of them."
Simon took the red wine next to him and was about to drink. Listening to Chen Qing's immediate translation, Simon smiled and raised his glass to the other party: "then I'll look forward to your good news."
Tian paradise also quickly raised a toast.
Then he talked about some details. The meeting was almost over. Simon recruited an attendant who had been standing next to him and said to Tian Paradise: "Tian, this is Cui Dongmin. I hope he can be responsible for the preparations for the casino on Jeju Island."
The middle-aged man ordered by Simon came forward and bowed politely to Tian Paradise: "President Tian, please take more care in the future."
Cui Dongmin, 41 years old and more than 1.8 meters tall, is not fat at all in middle age, but gentle. With a pair of frameless glasses, he looks like a university professor at first glance. However, the middle-aged man is a wild child who runs an underground casino. He has been in prison twice for organizing illegal gambling.
Cui Dongmin was incorporated by the black star club last year and soon helped the Black Star Club build a lucrative underground casino network.
Simon put the other party on the table this time. As one of the representatives of Westeros system in the paradise group, he is directly responsible for the gambling business. On the one hand, the other party's ability is really strong, on the other hand, it is easy to control.
After all, the foundation is not clean. If you are not obedient in the future, it is a matter of one word to win.
In addition, it's actually another layer of Simon's mind. He doesn't intend to do the gambling business in South Korea. Therefore, it's just right for such a person to come forward. Not only that, next, the black star will also infiltrate into the park group and be responsible for the gray black zone.
Tian paradise slightly narrowed his eyes hidden behind the black framed reading glasses, looked at Cui Dongmin for a moment, and suddenly smiled: "Cui Dongmin, I know you. I knew it for a long time. It should be... 83 years ago, your boy organized an underground casino in Incheon and made Jin Taikui angry. Once, he said on the wine table that he would throw your sack into the sea to feed fish."
After greeting, he took the next step. Cui Dongmin, standing behind Simon, also smiled back and bowed slightly again: "let president Tian laugh."
Simon sat at the gambling table with the same smile.
Of course, there are some old calendars, but Cui Dongmin Hotan paradise has no grudges. Simon wants harmony to make money. He won't bring two old friends together.
What happened in those years was actually very simple. The fledgling Cui Dongmin had just started his "business" and was soon arrested and squatted for a year, which had nothing to do with Tian paradise. Because Tian's Casino is a foreign business, Cui Dongmin's underground casino targets domestic gamblers and robs the business of local gangs. There is no intersection between the two.
However, Tian Paradise can still remember Cui Dongmin at this time, which at least shows that Simon didn't choose the wrong person.
As for Simon's hope that Cui Dongmin would go to Jeju Island to take charge of the affairs there, after some politeness, Tian paradise knew that this was not a request that could be refused, simply agreed, and carefully explained some precautions like elders.