After the project in Gangwon Province, let’s talk about Jeju Island.
The entertainment complex with a planned investment of 500 million US dollars is of course prepared for tourists from the next door neighbor.
This is just the beginning.
As he learned more about the gaming industry, Simon gradually understood that the gaming industry also has a very obvious 80/20 rule, that is, 20% of high-end users contribute more than 80% of the industry's revenue. If you want to attract this high-end 20% of customers, you must be willing to invest huge sums of money to build the top and most luxurious hotels, casinos, resorts and other supporting facilities in order to provide high-end customers with meticulous VIP services.
In the past, while Macau's gaming industry was developing rapidly, South Korea, which also opened up gaming, was almost silent. Later, why did Chinese real estate developers spend tens of billions of dollars trying to build new casinos in South Korea? This is basically the reason.
Macau has the most luxurious large-scale casino hotels in Asia and even the world. However, due to its weak foundation, South Korea inevitably seems too petty and cannot attract too many high-end customers.
Simon is currently carrying out high-end layout in South Korea, which is easier for him to control. Even if he still cannot compete with Macau in the future, after all, certain thresholds still cannot be broken, but at least he will be able to get a bigger piece of the cake than before.
What's more, in Macau, as long as the license bidding is open in the next few years, Simon has no intention of letting it go.
Now that cooperation is confirmed, things that need to be explained must be explained clearly.
Next to the gaming table in the VIP room.
After hearing Simon's general idea, Tian Yuan Yuan was obviously in disbelief: "Mr. Westeros, you chose to invest in the casino in Gangwon Province. I believe in this vision. The only casino that can be legally opened to the nationals of this country is just If I had enough funds, I would not hesitate to invest in this privilege, but I have been paying attention to Jeju Island. You must also know that the main tourists in Jeju Island are still domestic residents, and the proportion is more than 90%. Domestic residents are not allowed to enter the casino, and the average consumption level of foreign tourists who can enter the casino is also very low, far less than that in Seoul."
Simon looked at the last card that the croupier had just dealt, threw out a few 1 million won chips, and said: "Tian, I think my meaning is already clear, what I invest in is the future, not the present. "
Tian Leyuan, who was on the opposite side, also took the last card, followed up the bet, and asked: "The question is, Mr. Westeros, how do you determine the future of your judgment? China... Maybe their reforms over the years have created There is a group of wealthy people, but their spending power is still far lower than that of Western customers, and the number is not large after all. As for the future, China’s future, IMHO, there are really big variables?”
After everyone placed their bets, Simon showed his two pairs and watched as several other people shook their heads. The dealer pushed the chips in front of him. After casually stacking the chips, Simon said: "It seems that I am lucky, isn't it? Moreover, if I talk about my understanding of China, Tian, I must be much better than you, so I stick to my own judgment. No big deal, just treat it like this A gamble. If the bet wins, all of us sitting here are winners. If we lose, I am the only one who loses. You have nothing to worry about."
Tian Leyuan looked at Simon with a cautious expression and said: "Theoretically, of course I don't need to worry, but I still hope that our cooperation can be successful."
This is true.
Compared with the families behind giants such as Samsung and Hyundai, the Tian family, a local local snake in South Korea, is not even a chaebol. It is definitely a blessing to be able to climb the towering tree of the Westeros system.
If this cooperation fails, Simon Westeros, a super tycoon with a net worth of trillions of dollars, will not be hurt, but the Tian family will not only lose the opportunity to be promoted to a real plutocratic family, but may even be implicated and fall into ruin. After all, small fish and shrimps cannot withstand strong winds and waves.
"Your attitude is very satisfying to me, Tian," Simon said with a smile: "If you really expect me to succeed, and obviously we will succeed together, then you should not worry too much, but start as soon as possible. By executing our plan, I hope that the Paradise Group will be able to acquire at least half of the eight casino licenses on Jeju Island by next year."
Seeing Simon's firm attitude, Tian Yuan Yuan stopped talking and nodded: "This is not a problem, Simon. Due to the economic crisis, the operating conditions of the eight casinos on Jeju Island are even more difficult than ours. Take action now, let alone one of them." Half of it, it’s no problem to take them all.”
Simon took the red wine next to him and was about to drink it. Hearing Chen Qing's instant translation, he smiled and raised his glass: "Then I'll look forward to your good news."
Tian Leyuan also quickly raised his glass in response.
Then we talked about some details. As the meeting came to an end, Simon called an entourage who had been standing by and said to Tian Leyuan: "Tian, this is Cui Dongmin. I hope he can be responsible for the preparation of the casino on Jeju Island." Affairs.”
The middle-aged man named by Simon stepped forward and bowed politely to Tian Leyuan: "President Tian, please take good care of me in the future."
Cui Dongmin, 41 years old this year, is over 1.8 meters tall. He has not gained weight at all in his middle age. Instead, he looks elegant and elegant. With a pair of rimless glasses, he looks like a university professor at first glance. However, this middle-aged man was born as a wild man who ran underground casinos. He had been imprisoned twice for organizing illegal gambling.
Cui Dongmin was recruited by the Black Star Society last year and quickly helped the Black Star Society build a lucrative underground casino network.
Simon brought the other party to the table this time as one of the representatives of the Westeros system in the Paradise Group, directly responsible for the gaming business. On the one hand, the other party is really very capable, and on the other hand, it is also easy to control.
After all, the foundation is not clean. If you don't obey in the future, it will only take one sentence to take it down.
In addition, it is actually another layer of Simon's thoughts. He has no intention of running the gambling business in South Korea cleanly. Therefore, it seems just right for such a person to come forward. Not only that, the Black Star Society will also infiltrate into the Paradise Group and take charge of the gray and black areas.
Tian Leyuan slightly narrowed his eyes hidden behind the black-framed reading glasses and looked at Cui Dongmin for a moment, then suddenly smiled: "Cui Dongmin, I know you, I have known about you for a long time, it should be... 1983, your kid organized the underground in Incheon. In the casino, you made that bastard Jin Taequin so angry that once at the dinner table, he even said that he would put a sack on you and throw you into the sea to feed the fish."
After greeting, Cui Dongmin, who stepped back and stood next to Simon, also smiled back and bowed slightly again: "Let President Tian laugh."
Simon was sitting at the gaming table, smiling as well.
Of course there are some old people among them, but Cui Dongmin and Tianyuan have no grudges. What Simon wants is harmony and wealth, and he will not bring two old enemies together.
Let's talk about what happened back then. It was actually very simple. Cui Dongmin, who was just starting out, had just started his 'business' and was soon arrested and squatted for a year. He had nothing to do with Tian Paradise. Because Tian's Casino deals with foreigners, Cui Dongmin's underground casino targets foreign gamblers and robs the business of local gangsters. The two have no intersection.
However, Tian Leyuan can still remember Cui Dongmin at this time, which at least shows that Simon has chosen the right person.
As for Simon's wish for Cui Dongmin to go to Jeju Island to take charge of affairs there, after some polite remarks, Tian Yuanyuan knew that this was not a request that could be refused, so he simply agreed and explained some precautions as carefully as an elder.