Chapter 743 Eliminate Hidden Dangers in Advance

"Then when I came here, was it a dream to see the continuous stream of drug passengers getting off the bus and entering the drug arena?"

Yang Cheng's surprise was not surprising. When he came, he did see a full-sold 'Fat Fortune Bus'. The entrance of the Taj Casino was full of people. It was a bustling scene, and there was no sign of bankruptcy.

The half of Ivan's calf exposed outside the skirt suddenly curled up, and he sat cross-legged and rubbed his blond hair, "What you see is just the flashback of Atlantic City. I came to Atlantic City a few days ago. I specially allocated 2 million US dollars of funds for publicity subsidies, and used cash as much as possible to attract du visitors. When this wave of enthusiasm passes, I will start negotiating with the employee union and insurance company.”

"So serious?" Yang Cheng still couldn't believe it.

Although he has long heard that Atlantic City, one of the four major cities in the United States, actually came to an end as early as 2006. In addition, in recent years, many gaming industries have sprung up around Atlantic City, such as New York and Pennsylvania. The "competitors" in the city have caused Atlantic City, which has the gaming industry as its main economic pillar, to fall into a slump, and it has lost its tall, turbulent and turbulent image in American dramas or movies in the past.

But a skinny camel is bigger than a horse. After all, there are people who don't want to be contaminated with gambling in the city they live in. Besides, Atlantic City has pension services and the support of Congress. No matter how poor they are, they shouldn't go bankrupt, right?

Ivan’s words gave him a reasonable explanation, “You don’t know, in December last year, the Bogota du market demanded a tax rebate of US$62 billion from the Atlantic City government, and this demand was also supported by the local tax court.

But after the deadline passed, the mayor said with both hands that the government would not and would not be able to take the money. If the drug market insisted, Atlantic City could only choose the fate of bankruptcy. "

Hearing this, Yang Cheng sighed. Atlantic City was not the first city to file for bankruptcy protection, let alone the first American city to go bankrupt. As early as 2013, Detroit, a major American automobile city, declared bankruptcy and became the largest city in the United States. The city bankruptcy case was a sensation, and earlier in 2012, three cities in California, Stockton, San Bernardino, and Mammoth Lakes, also declared bankruptcy one after another due to debt problems.

The reason why Atlantic City government officials are considering filing for bankruptcy protection this time is that according to Ivan’s words, the “ruthlessness” of New Jersey Governor Christie became the last straw that crushed their hope that the government would rescue them.

"Actually, just a few days before you came, Christie officially vetoed an aid package designed to make up for Atlantic City's $33.5 million budget.

The plan requires casinos in Atlantic City to replace the 15-year tax with a fixed payment, and use the casino city’s investment tax and promotion expenses to repay the city’s debts. If this plan can be passed smoothly, it will greatly ease Atlantic City’s stretched cash flow. Otherwise, Atlantic City's cash flow will dry up in just a few months.

Originally, this plan was proposed as early as last year, and it has already been approved by relevant people during the demonstration stage. The state ZF even gave very biased words, so that officials in Atlantic City mistakenly thought that the plan would be approved , has already begun preparations for implementation.

However, Governor Christie waited until now to give a clear answer, which was nothing more than a clear refusal. This made the efforts of all the officials in the city go to waste. Cheng eventually went bankrupt, and he should pay full responsibility. "

Yang Cheng couldn't help guessing, "Could it be that Christie did it on purpose?"

Ivan put his hands on his knees, put his chin on his thighs, and pouted like a little woman, "I don't know, but I heard from my father that Christie is busy with the internal election of the party and intends to compete for the throne in the next election.

It is estimated that Christie's mind is not on handling government affairs at all.

In this regard, he also gave an explanation. In Christie's words, he has given Atlantic City 5 years and two terms of government to deal with structural budget problems and growing expenses. However, he did not see a Very satisfied with the result, so he will not ask taxpayers to continue to support this waste of money and energy. "

Yang Cheng really felt that it was a pity that Atlantic City was in decline, and said mockingly, "At present, one solution to avoid Atlantic City's bankruptcy is to transfer some important rights of Atlantic City, such as the sale of the city's land or assets, to the New Jersey ZF, which will The latter is in charge of Atlantic City's financial situation, and this practice of asking the superior ZF for money at every turn is really not happy.

However, I guess those officials in the city are probably extremely disgusted with the fate of being taken over. This group of people is not strong, but they emphasize the autonomy rights granted by the US Constitution all day long. It is ridiculous to think about it. The blood is almost drained and I am still thinking about today. Pretty or not. "

Ivan was amused by Yang Cheng's complaints, patted him, and then raised his chin, "In my opinion, the decline of Atlantic City is a microcosm of the loss of beauty of most American cities in recent years.

In the past 2006-2014, Atlantic City's midfielder's income fell from a peak of US$5.2 billion to US$2.5 billion. In less than 10 years, the decline was more than half. Nearly 8,000 related jobs have disappeared, and many people who depend on the drug market for their livelihood feel deeply betrayed. You must know that the drug market promised to provide stable, high-paying jobs when it opened.

But in 2014 alone, 4 of the 12 casinos in Atlantic City have been closed, and the profit of the gaming industry has also dropped by 8%. Due to its record of zero profit after two years of construction, the Wei du market was forced to close in September of that year, which was also the biggest failure of the American du market.

Not only Atlantic City, but this kind of experience is no coincidence. Nevada, which started with the gaming industry, has also encountered the same bleak scene. Since 2008, the gaming industry in Nevada has been losing money year after year. In 2009, the loss reached 6.8 billion US dollars At its peak, last year, the state’s gaming industry still lost $662 million.

However, Nevada is developing in an all-round way with gaming as the main body. The contribution of its tourism industry has enabled various casinos to find ways to make up for losses and even generate additional profits. The total revenue of more than 270 casinos in the state reached 246 last year. Billion, a marked improvement over 2010's revenue of $21 billion. "

Yang Cheng understood Ivan's words, "Gaming revenue has increased, but the gaming industry has been losing money year after year. I think the root cause is that tourists spend a lot on restaurants, taverns and watching performances, but spend less on real gaming.

Especially with the arrival of a large number of Asian tourists, many people are unwilling to spend money on gambling, they just want to get a new picture and see the style of the city, so the business loss of gambling itself is inevitable, but if it is combined with real estate, tourism, pensions, etc. , vacation and many other themes, in fact, there is still room for redemption.

To be honest, if I have sufficient funds, I might come forward to acquire and renovate the entire Atlantic City, and rebuild a paradise in the eastern United States. "

Ivan's eyes brightened. If Yang Cheng is willing to take over, she is willing to continue to lose money and not declare bankruptcy, because Yang Cheng has the ability to turn fantasies into reality.

Yang Cheng turned his head away with a wry smile, "Don't look at me like that, I'm not crazy yet, to renovate a city, even Atlantic City, a small city with an area of ​​less than 45 square kilometers, requires a lot of money. The sky-high price, not to mention that Yuanshan has reached the stage of saturation of funds after successive acquisitions of Delta Air Lines and the construction of the world's tallest building, and there is no spare money to help Atlantic City."

Ivan was slightly disappointed, but he immediately returned to his elegant smile. This was the reasonable answer. The expectations he had for Yang Cheng just now were just a hope, and they could not be taken as real.

Sighing, "It's okay, after more than 20 years of ups and downs at the Taj Du Field, it's time to say goodbye."

Yang Cheng was silent for a while, not knowing how to answer, so she had to say, "Sorry, I couldn't help you."

Ivan shook his head with a smile, "Don't say that. Now, I'll ask Pent to return him to you. I hope he didn't do anything drastic."

Yang Cheng shrugged with a smile, "If it wasn't for the woman I brought with me, I wouldn't care about this matter at all, life or death has nothing to do with me."

The two got up while talking, Ivan went to make a phone call, and Yang Cheng came to the window, overlooking Atlantic City's thriving Seaside Boulevard, as if seeing the former giant who had to sit in a wheelchair because of the pain all over his body. lonely.

As Ivan said, apart from the Taj, which has resorted to tricks to attract a group of drug addicts, on the seaside boulevard today, there are few people in front of the nearby drug stores. No wonder there were not many cars on the road when we came.

Looking far away, the blue sea water wraps a piece of golden sand. The beach is empty and looks very lonely. The seawater staff who appear sporadically are dealing with the garbage on the beach.

Ivan came over after calling, and she had put on her high heels again, she was a few centimeters taller than Yang Cheng, and stood in front of the window with her shoulders crossed, "Speaking of which, the Taj stadium is just one of the three stadiums my father built back then. One, it was originally used for financing and cashing out, but it was preserved by a joke I made when I was a child, and now I have no ability to continue it.”

Yang Cheng didn't turn his head, he was still staring at the beautiful seaside scenery outside the window, but the topic jumped directly from the battlefield to his father's candidacy, "Christie is a very powerful opponent of your father."

Ivan was stunned for a moment, understood the deep meaning of Yang Cheng's words, and smiled, "Indeed, perhaps the bankruptcy of Atlantic City will become a huge weakness for Christie, by the way, I haven't thanked you for making a fortune for me, If possible, I hope that the principal and profits can be transferred out."

She was referring to the 200 million US dollars invested in the four-dimensional space at the end of last year, and together with the large fund, it was raging in Switzerland, excluding the commission of the four-dimensional space, and made a net profit of 40 million US dollars. Now that she wants to raise it, Yang Cheng hesitated and nodded He agreed, and he knew that this was also Ivan's drawing a line with himself, and the massacre was about to begin, and any hidden dangers that could become a target for others' attacks had to be eliminated in advance.

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