Rebirth of the Powerful

Chapter 429

"Mr. Cotter, you know, I don't know anything about the hotel... industry."

"Haha, maybe you misunderstood me." Who is old Kurt? He has survived for decades in the dangerous Las Vegas. Although Xia Xiaoluo is very calm and good at covering up, he also guessed Out of Xia Xiaoluo's thoughts. "You said it yourself just now. Las Vegas is transforming from a, um, sin city to a tourist attraction. It just so happens that I also have a transformation plan. I am planning to build a new hotel, the MGM Grand Hotel. Old Kurt is tired, and neither son wants to take over my business, and I don't like them getting too involved in Las Vegas."

"But I don't understand these things. I'm just a student, not even an American." Xia Xiaoluo was in a hurry. If your son doesn't want to take over, why don't you come to me?I haven't enjoyed my youth yet. Have you ever seen a rich man who would be full to play the underworld? I support Qu Xiaoyuan's Tiger Wolf Gang, on the one hand for him to have something to eat, and on the other hand for my own Loyal personal guard.Play underworld?Not to mention the fear of the police coming to your door day and night, maybe one day a rival will appear and find a gunman to plot against your death.

"You're right, Las Vegas is transforming, so I'm going to invest in building one of the biggest luxury hotels. Not only me, but other people in Las Vegas are doing this too, in Las Vegas Next to Las Vegas Avenue, several construction sites are starting. This is also a war to decide who can rule Las Vegas. A war cannot be won by one person alone, so I need an ally."

Old Cotter stared at the boy who was sitting in a tight seat, and said word by word: "Now I have found an ally, and that is you."

"No, Mr. Kurt, I'm not qualified." Xia Xiaoluo shook her head and refused politely: "You should find someone who is capable, someone who can really help you. I don't have this strength, I'm just a student, a Chinese students do not have any influence in the United States, and they even come to the United States for the first time, coming to Las Vegas."

"You are wrong, you underestimate yourself, child." Old Cotter replied with a smile.He knows all of this clearly, but what Xia Xiaoluo doesn't know is that it is precisely for this reason that Old Cotter chose him to cooperate, because such a partner has a strategic vision but no operational ability, and has enough funds to invest People who would not rob him of the control of the hotel with him could not be found anywhere in the United States.

Old Cotter had money, but he had no money.His total assets on the Forbes list reached 16 billion U.S. dollars, which is slightly lower, but this is just assets. In fact, his cash flow is less than [-] million U.S. dollars.To build the largest luxury hotel in Las Vegas would cost more than [-] million U.S. dollars, which he couldn't afford.He had to find a partner who could provide enough funds, and at the same time, he didn't want this partner to intervene in the internal management of the hotel, so this was a difficult multiple choice question.

Now, Old Cotter has found someone who can solve the trouble, that is Xia Xiaoluo.An investor who doesn't like specifics, an investor who doesn't have time to manage, a perfect partner he needs most.

"You have plenty of money, don't you?" asked Cotter Sr.

Xia Xiaoluo thought for a while, but said nothing, this cannot be denied.

"You are optimistic about the future of Las Vegas, aren't you? It will be a tourist destination in the future. Maybe the number of tourists here will reach a staggering number every year. Las Vegas hotels will be an investment with high returns."

Xia Xiaoluo continued to remain silent, what Old Cotter said was correct.

Wait, Xia Xiaoluo thought in his heart, he remembered reading a case about the entertainment industry in his previous life, and analyzed the case of the four major hotels in Las Vegas, namely Wynn, the hotel he lives in now, Harrah's, Sands, Another one is MGM.

It is clearly recorded in the book that after 20 years, the MGM movie is over, but the MGM hotel is flourishing.Moreover, the case titled "Essence - The Mystery of the Big Game in the Entertainment Industry" puts forward a brand new point of view, that is, the essence of gambling hotels is for enjoyment, not for gambling. An important data listed in it is these The hotel's non-gambling business revenue has far exceeded that of gambling in the 21st century.This confirms Xia Xiaoluo's impression of Las Vegas decades later. There really is a sin city with only the sex industry and the gambling industry turned into a tourist attraction.

Xia Xiaoluo was taken aback. Damn, I almost missed an important business opportunity. Before the rebirth, the market value of MGM’s hotel in 2011 was 70 billion US dollars. In less than 20 years, it has increased by more than 30 times. This rate of return is still quite high. Not bad anymore.

"Then the question arises, why are you unwilling to cooperate with me? Is it because you don't like it or don't want to have too much contact with me?"

Xia Xiaoluo had already approved this plan in his heart, but he didn't say a word, just holding it. Anyway, he had the chips in his hands, maybe Old Cote would give him some discounts?

"Are you worried that joining me will cause others to misunderstand your identity? Or do you think that as long as you cooperate with me, you will be considered a mafia?" Old Kurt is no longer old, his dark blue eyes are fixed on Looking at Xia Xiaoluo who bowed her head and said nothing. "You are wrong, what you did was just a normal business behavior, but you invested in a hotel in Las Vegas, and you became a shareholder of MGM Grand. People who do the same thing as you There are Arab princes, Japanese conglomerates, and American steel tycoon families, are they considered gangsters?" Old Cotter's words are very simple and convincing.

"Really?" Xia Xiaoluo walked down the slope, and had no choice but to shoot: "How much money do I need to invest?"

Old Cotter was delighted that the stubborn boy had opened his mind. "In my plan, the MGM Hotel will have 5000 rooms. The initial budget is 3 million U.S. dollars. I will give you... 35% of the shares. You only need to invest [-] million U.S. dollars."

Yes, Old Cote only needs an investment of [-] million U.S. dollars. As long as the project is launched, other investors or banks will naturally solve the subsequent funds.His recent cash flow is too tight, even if he withdraws a small part, it will affect the current business. If not, he would not have spent so much effort to persuade Xia Xiaoluo to participate.

This investment is different from other investments in that it is a long-term investment.It will take more than two years from the start of construction to completion and opening, and then it will take longer to make a profit, maybe five years, maybe ten years, who knows?Although Old Cotter knew about the government's plan to transform Las Vegas, he didn't have much confidence in the plan.It is quite difficult to turn a city specialized in gambling into a tourist city.You must know that there is no beautiful scenery on the edge of Las Vegas, only the endless desert.

Only $[-] million...

Most of Xia Xiaoluo's heart was relieved, such a small amount of money was nothing to him.Well, he really didn't pay attention to [-] million dollars, it's just a number, and it's just a number game.

Just as the boy was about to nod his head in agreement, Old Cotter, who was staring at his expression, suddenly said, "But my plan has changed now, and having you join me has given me great confidence. I plan to invest in two luxury hotels at the same time. 15.00% of the Las Vegas share."

Forehead!

Xia Xiaoluo was almost choked to death by old Cotter's words. This old man can change whatever he wants. He can't finish a sentence at one time, so he has to say it twice?Well, isn't it [-] million?Anyway, it's an investment, not just for fun.

This point Xia Xiaoluo is still at ease. The laws of the United States are very sound, and there is no phenomenon that large amounts of investment are blatantly embezzled by others.

Xia Xiaoluo quickly picked it up, fearing that the old man would appear in a third hotel: "Need me to invest [-] million dollars?"

Old Cote's smile was all over his face, and the wrinkles on his face were piled up into ditches on the high slope of the loess: "Yes, it's only [-] million US dollars, and your investment will get a return of ten times."

"30.00% five's shares? You 60.00% five?" Xia Xiaoluo asked.

"No! You are the biggest shareholder, I only have one."

"Ah?" Xia Xiaoluo was quite surprised, what's going on?

"Haha!" Old Cote laughed happily: "Child, not everyone is as rich as you. Maybe the enterprises in China are owned by everyone alone, but this is not the case in the United States, where all companies are publicly held companies. .We will seek to go public in the future, so shareholders have more requirements. The remaining shares will be held by many people, including the Las Vegas government and the prince of a certain country in the Middle East. This is a huge plan, isn’t it? Someone can do it alone, even I can't. But I hope that after you participate in the plan, you can agree to me as the chairman to create the maximum profit for everyone, what do you think?"

"Also, old Cotter paused, I know, from the conversation just now, I know that you want to use MGM's production capabilities to complete your film investment plan. No problem, all MGM facilities you They can be used at half the price, anyway, you know, MGM can’t shoot many films in a year now. And our equipment, studio and production team are all the best!” Old Cote finally spent his money and gave it to Xia Xiao Luo is a big favor.

"Well, I agree with your point of view, only you being the chairman can bring the greatest benefits to the hotel, I accept it." This condition is too generous, Xia Xiaoluo has no reason not to accept it.Most importantly, he knew that in 2004, when Xia Xiaoluo was not reborn, when MGM Hotel Group issued an unsolicited acquisition offer of US$76.5 billion to Mandalay Resort Group, at that time, MGM The chairman of Mei's board of directors is still Old Cotter, and Xia Xiaoluo doesn't want to distort the trajectory of history to the extent that she can't control it.Moreover, in the past few decades, there have been no scandals about exploiting shareholders or hollowing out the company, so Xia Xiaoluo is very relieved of him.

Old Kurt stretched out his hand contentedly: "Then, congratulations, Mr. Xia Xiaoluo, you have become a member of Las Vegas and a friend of Old Kurt."

[Thank you brother for the flowers, more than 30 flowers a day, at the end of the month, it is very powerful.There have been a lot of things happening in Xiaomi's family recently, but he has been struggling.Facts have proved that hard work pays off. Dear book friends, you have given me a lot of happiness. Compared with the meager manuscript fee, I feel more precious and cherished]