Chapter 1608 - 590: There Is No Such Thing as a Free Lunch (2)
Chapter 1608 - 590: There Is No Such Thing as a Free Lunch (2)
Donnie handed a glass of red wine to Mr. Pitman.
Mr. Pitman sat on the sofa, smiling, and said, "Mr. Block, you’re too kind. As the most successful casino city globally, we also hope Venus Bank can lead Las Vegas to become another successful casino city."
Donnie laughed and said, "Rest assured, Mr. Pitman. When it comes to building casino cities, no one can beat the people of Atlantic City!"
Without the support of the City Hall and the State Government, it is impossible to turn Las Vegas into the second Atlantic City.
Recently, Donnie had met with several Nevada power players and promised them more advantages.
Although Nevada’s support for Venus Bank cannot compare to that of New Jersey, Venus Bank is at least one of Nevada’s closest friends.
No one can refuse the interests brought by a casino city comparable to Atlantic City.
Mr. Pitman is no exception!
After discussing this matter, Donnie brought up the "Silver Purchase Act."
Mr. Pitman’s smile remained, but there was a trace of caution in his eyes.
With the scale of Venus Bank here, if Venus Bank wants to get involved in this matter, it’s not a good thing for them.
"The ’Silver Purchase Act’ is just a small deal for us, not worth mentioning compared to Mr. Block’s business!"
Donnie laughed and said, "Mr. Pitman, you are too modest.
If it’s a small deal, why would it be specifically discussed at the upcoming world economic monetary conference?"
This June, the world economic monetary conference will be held in London.
The representative sent by the United States will be the Secretary of State, Cordell Hull, a supporter of free trade, and Mr. Pitman will accompany him.
His main responsibility will be supporting the increase in silver prices.
Mr. Pitman was slightly taken aback, not expecting Donnie to know even the personnel arrangement for the United States at the world economic monetary conference.
However, considering Donnie’s influence in the United States, Mr. Pitman was not surprised.
But this relief was accompanied by caution, as he thought that if Donnie wasn’t eyeing the "Silver Purchase Act," he wouldn’t pay special attention to this matter.
"So, Mr. Block, you want to get involved too?"
Donnie nodded and smiled, "Indeed, I have this idea, but rest assured, Mr. Pitman, I have great respect for your contributions to the United States and will not choose to be your enemy!"
Mr. Pitman was a bit puzzled about Donnie’s thoughts.
Focusing on the "Silver Purchase Act," wanting to take a share without being against the Silver Group he represents?
Mr. Pitman couldn’t figure out how Donnie would do this.
"Then what do you mean, Mr. Block?"
Since he couldn’t figure out Donnie’s meaning, he asked directly.
Although Venus Bank is strong in the United States, they do not fear Venus Bank when it comes to the silver industry.
Donnie explained, "Very simple, I know you have always wanted to participate in Mexico’s silver industry, but you are either blocked by Mexico or by the Brits.
So, I think if I can get the Saucedo and Fresnillo silver mines in Mexico, can we work together then?"
Mr. Pitman’s eyes lit up. Led by Mr. Pitman, the Silver Group has always wanted to get involved in Mexico’s silver mines.
But in this matter, as Donnie mentioned, they have faced unprecedented resistance.
Even with administrative power, success is difficult.
So far, they can only conduct small silver mining businesses in Mexico, which is better than nothing.
But now, it’s different. Mr. Pitman is well aware of Donnie’s influence in Mexico.
If Donnie can get the Saucedo and Fresnillo silver mines, then of course, they should be involved.
Then they can earn more profits.
"Mr. Block, what do you mean?"
At this point, Mr. Pitman spoke to Donnie with more respect.
Donnie said, "Venus Bank is far behind you in managing and producing in silver mines.
Also, I have always believed that one person’s business cannot grow large; only a group of people’s business can. This is similar to why I suggest implementing a casino licensing system in Las Vegas but controlling the number of licenses.
Because having too many people is not good either!"
Mr. Pitman believes he understands Donnie’s meaning.
Las Vegas becomes a casino city, and without a casino licensing system, countless investments will flock into Las Vegas in the future.
Then, Caesars Palace will undoubtedly face waves of challenges.
Therefore, Caesars Palace surely hopes that Las Vegas also implements a casino licensing system.
Mr. Pitman knows very well that Donnie knows Nevada’s support for Caesars Palace can’t reach New Jersey’s support for Surf Hotel.
So Donnie directly proposed the casino licensing system, which is to fix the competition among certain capitals.
Actually, in the original timeline, after Las Vegas became a legal casino city, Nevada also adopted a casino licensing system, issuing six licenses!
But the current situation is different. Las Vegas doesn’t want Caesars Palace to dominate, yet can’t stop Caesars Palace from entering.
So simply abandon the casino licensing system.
Now that Donnie brings it up again, in Mr. Pitman’s view, it’s Donnie offering a portion of the Mexican silver mining interest to secure Caesars Palace’s status in Las Vegas.
"I wonder, Mr. Block, how many casino licenses you think are appropriate for Las Vegas?"
Donnie laughed, "Personally, I think six are most appropriate. I believe Mr. Pitman has also seen Atlantic City’s development, and with Atlantic City as an example, it’s certain that Las Vegas’s future is promising too.
So if Mr. Pitman is interested, Venus Bank is willing to provide funds for you and your allies to open casinos in Las Vegas!"
Mr. Pitman’s excitement grew.
They represent the Silver Group, and their core interests naturally come from the silver business.
But that doesn’t mean they’re blind to other businesses.
They also understand how vast the profits will be once Las Vegas is built.
No one can ignore these profits.
"At that time, like the silver mining business in Mexico, Atlantic City can provide successful management experience for your casinos, helping them get on track early!"
Mr. Pitman was stirred, enthusiastically so.
But Mr. Pitman knew very well that there is no free lunch in this world.
"Mr. Block, can I know what benefits this has for you?"
Donnie nodded, "Of course, first, if you can provide me with silver mine management experience in Mexico, I can sell you silver mined there below market price, provided that your Silver Group should include one more person.
That’s my brother, Cameron Block!
As for the casino business in Las Vegas, Venus Bank can offer the lowest-interest loans and management talent, but I also hope we can become partners, like making Caesars Palace a shareholder in the casinos.
Additionally, Caesars Palace will need two of Las Vegas’s casino licenses!"
Indeed, there is no free lunch in this world!
After hearing Donnie’s conditions, Mr. Pitman thought helplessly.
But this matter can indeed be discussed, and Mr. Pitman believes there’s a high chance of success.
Because the cooperation Donnie proposes is beneficial to everyone.
As for Donnie suggesting Cameron Block joining the Silver Group, Mr. Pitman knows this is Donnie laying the groundwork for Cameron Block’s future entry into the White House.
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