Chapter 506 How to take advantage of loopholes
Qin Shaoyan smiled slightly and said indifferently, "This is indeed a small trouble, but it doesn't matter. There will be many ways to avoid it."
Fred nodded, "We are looking for a professional lawyer who is proficient in this area of law, and I believe they will give good advice."
Zhang Pingyi was a little worried and asked: "Is this kind of business too risky? What if the subsequent laws continue to tighten? Even a one-size-fits-all approach."
Fred laughed, "That's impossible. My friend, the laws in the United States are very flexible, as long as you have Mane!"
"Let's talk about making money, don't talk about whether it's a knife or not." Qin Shaoyan said with a relaxed expression: "There are risks in business, and it doesn't matter how high or low it depends on the profit."
"And the Illegal Online Gambling Compulsory Act is just a piece of waste paper. It looks fooling people and will be destroyed in less than two years. Online Gambling is a huge cake."
There are currently 2,300 gambling websites on the Internet, and the amount of global online gambling is as high as US$12 billion per year.
While nearly half of these websites live in the United States, they will be headquartered outside the United States.
The development of online online gambling has made interest groups that adhere to the traditional gambling industry secretly unhappy. Trying to resist the booming but seriously infringes on their business online poker platform. They set up a "Stop Online Gambling Alliance" and spent a lot of money to lobby the government.
Among them is Sheldon Adelson, chairman of Las Vegas Sands Group and the title of "King of Gambling". He influenced the political circle through his strong financial strength and made the United States say "no" to online gambling with a series of publicity activities.
Sheldon Adelson believes that online gambling programs "hare the society" and damage the reputation of the entire industry. To prove its point of view, the "Gambling King" is currently actively planning a public publicity campaign to prove how online gambling can endanger children, the poor, and other audiences.
However, Adelson's competitors in the gambling industry believe that the business model of online gambling is both safe and profitable.
Some competitors say that blindly banning online gambling may lead to the emergence of the underground gambling black market.
Some people also pointed out that Adelson always resisted online gambling, but his company obtained an online gambling operating license as early as 2003. In response, Adelson responded that this was just an "exploratory attempt" in business.
At the same time, relevant information shows that online gambling is often associated with money laundering crimes, organized crime, etc., and poses a serious threat to the growth of teenagers. Therefore, the United States has a firm opposition and crackdown on online gambling.
A bill to curb online gambling is passed, which will prohibit online gambling transactions using payment methods such as credit cards and promise law enforcement agencies to work with Internet service providers to prevent gamblers from visiting gambling websites.
In October 2006, the Bush administration signed the Illegal Online Gambling Mandatory Act, prohibiting U.S. banks, credit card companies and other financial institutions from providing fund transfer services between gambling websites and players.
Qin Shaoyan said lightly: "The traditional gambling industry bribed Republicans and lobbying the House of Representatives to file a bill against online gambling."
"These people rely on the Elephant Party to win, but next year it will be the presidential election. The Elephant Party cannot defeat the Donkey Party."
Fred was a little surprised, "You are so optimistic about the donkey party will win the general election?"
"It will not only win the election, but also win with a great advantage. At that time, the donkey party will also win the Senate and the House of Representatives." Qin Shaoyan pointed his finger in the sky, "I have found someone to divinate, and the first black president will be born next year."
"Black President?" Fred was stunned for a moment. Now he was completely stunned by Qin Shaoyan's remarks and asked subconsciously, "Do you think the donkey party will launch a black man as a presidential candidate?"
"That's right, and we've seen this person." Qin Shaoyan smiled slightly, "Do you still remember?"
Fred then remembered that they had met the black congressman before, "Is it the one from Illinois?"
"He will rewrite American history." Qin Shaoyan made a gesture with a smile, "Do you want to make a bet?"
Fred was shocked by the news, "God, if he was really elected, then whatever he did would rewrite history."
"It's crazy to be a black man as president."
Qin Shaoyan said calmly: "I don't care whether you have racism or not, but from today on you have to learn to disguise yourself and then build yourself into a vanguard of equal rights."
"No, no, no, I don't have racism, I only have IQ." Fred rubbed his forehead, "I'm just too surprised."
"So our previous investment is not enough. If you have time to increase your investment, Qin Shaoyan reminded, "This will be your most successful investment, with a very high return rate."
"Imagine how many friends you will gain by using social platforms to push a black man to the throne of president."
Liu Yuanrui and Chen Yuanzong, who were sitting next to him, were stunned at this time. The topic of Mr. Qin was too high-end, and they couldn't even get into it.
He could understand Qin Shaoyan's Mandarin speaking, but he couldn't understand Fred's English. Edward is not a full-time translator, but only occasionally makes guest appearances.
But he understood the black president, and he blurted out subconsciously with shock on his face, "Black president?"
Qin Shaoyan glanced at him, his eyes were cold, and then continued to chat with Fred.
Liu Yuanrui next to him criticized Chen Yuanzong and whispered, "Shut up, don't speak."
Chen Yuanzong was a little embarrassed, but he was excited inside, feeling that Mr. Qin's style was in line with the style of the richest man in the country.
This is the best person.
Look at what topics are people talking about, the presidential election!
All American bills are used as waste paper, and we should study how to drill for loopholes and treat the law as nothing.
On the other hand, I usually say tough and don’t take the violation seriously, but I am actually still afraid in my heart.
Otherwise, he wouldn't have been involved with Liu Yuanrui and started to clean up.
If you are not afraid, why bother to go online?
Fred thought for a moment, "How many dollars are appropriate to give? Five million?"
"The five million US dollars are a little bit small, add a little more." Qin Shaoyan pondered for two seconds, "The key is to make a gesture during the election and make a sound on the Internet social platform. No matter how much money it costs, the noise should be louder and louder, so that everyone can see you doing your best."
"As long as the Donkey Party wins, it's only a matter of time before the gambling ban bill that Republicans have been repealed."
In fact, there have been people trying to get rid of this bill.
In June 2011, the U.S. Department of Justice announced that federal law no longer prohibits online gambling within states, and the gap has become bigger and bigger.
By early 2013, Nevada became the first region in the United States to legalize online gambling, and then Delaware and New Jersey also followed.
Because online gambling can bring a steady stream of taxes, states such as Mississippi, Iowa, and California have also successively issued relevant bills.
Investment tycoons including Soros and Paulson and some well-known private equity funds have even made plans for online gambling in advance, competing for this "cake" that is expected to expand rapidly.
Fred nodded and said in agreement, "This Illegal Online Gambling Compulsory Act also leaves room for space. For example, the online gambling industry and online gambling are not banned, so this is a small door."
"So we have a lot of ways to do it."
As we all know, if you leave a small door, you will soon be squeezed into a big hole. The United States is another magical land, and there is a state of vitality everywhere.
American lawyers specialize in how to drill for loopholes, so as long as there is a hole, no matter how small it is, it can be used for you.
"And this bill does not ban Texas Hold'em, this is the biggest business." Qin Shaoyan said with a smile.
Fred laughed, "Yes, we can start with Texas Hold'em."
"And I have prepared in advance." Qin Shaoyan reached out and pointed at Chen Yuanzong sitting next to him. "This Mr. Chen Yuanzong happens to have a professional chess and card game team in his hand."
When Chen Yuanzong heard his name, he was shocked and stood up, nodding to Qin Shaoyan and Fred with a smile.
Fred looked at him a few times, greeted him, reached out to hold him, and began to ask some questions about the chess and card game.
Although Chen Yuanzong is not a technical person, he still has a deep understanding of his products and answers Fred's questions one by one.
This includes product R&D cycle, online testing process, bug feedback mechanism, operational accident handling, etc.
Although many things are not standardized, he still figured out a lot of things by relying on practice.
The newest ⊥Xiao⊥Speak⊥Send⊥Six⊥9⊥Book⊥⊥⊥⊥Back⊥⊥⊥⊥!
Fred nodded with satisfaction, so he turned to Qin Shaoyan and asked, "It takes less time to do a Texas Hold'em. What are your plans?"
"Just like Happy Farm, it makes a web game, so it is easier for users to get started and is very suitable for traffic diversion." Qin Shaoyan pondered for a moment, "I will not do it in China directly. I will first introduce the test on a small scale. After testing for one to two months, it can be officially promoted."
Fred also said excitedly: "If it goes well, it will be done by the end of this year."
Qin Shaoyan said with a smile: "Don't charge in the early stage, we mainly look at the user's feedback and debug and improve."
"Use game coins instead of chips, players win or lose all game coins."
"Of course, players of these game coins can recharge and get them, and they can also give away some in the early stage to attract people first."
Fred thought for a while, "How much can you earn by relying on players' recharges alone? Will players have no motivation?"
"You can make an alternative." Qin Shaoyan said, "Game coins cannot be exchanged for US dollars, but you can exchange gifts in Facebook's gift mall."
Fred's eyes lit up and thought it was a good idea.
"If players don't want gifts, they can sell the gifts at a discount." Qin Shaoyan said while thinking, "Of course, the details still need to be improved, and the general process is like this."
"Yes, yes, game points are redeemed for gifts." Fred clapped his face, "We're just a game."
Fred seemed to see a golden avenue showing his eyes, and he wanted to let the Texas Hold'em game be launched immediately.
Texas Hold'em can be said to be a national game in the United States, and its status is equivalent to that of a Chinese Landlord.
In 1998, PokerPlanet, the first online poker platform in the United States, was established. Despite the slow network connection and the server was stuttering, PokerPlanet still earned nearly $1 billion in revenue in a year. All this made the booming Internet practitioners particularly jealous, and many online poker platforms have been established one after another.
The three most famous online poker platforms PartyPoker, PokerStars, and ParadisePoker were all founded in 2001. Although everyone used dial-up to access the Internet at that time, their gaming platform was well designed, smoothly connected, rich in features, and provided a variety of special services.
For example, PokerStars is famous for their cooperation with WSOP. The Chris Monkeymaker mentioned above won the WSOP ticket in the online competition of PokerStars.
In the three years since 2003, the number of online German poker players in the United States has increased rapidly. According to statistics, at the highest level, there were more than 50 million players in the United States, accounting for nearly 1/5 of the population, which means that one person plays cards online in every two adult men. The number of players who only like to play cards offline with acquaintances is even more incalculable.
In 2004, Google and Yahoo stopped ads on all online poker sites due to the U.S. Department of Justice shutdown.
After ESPN in the United States broadcasted the "World Poker Championship" in prime time for the first time, the ratings exceeded that of the NBA event by unexpectedly. This classic card game was pushed to the boiling point and was out of control.
In the same year, online poker games across the United States have reached 10 billion US dollars, poker rooms have become an important means of revenue for casinos, and countless private gambling games have been made.
The Illegal Online Gambling Compulsory Act did not officially affect online Texas Hold'em until 2011, and online gambling companies in the United States and even Europe were hit hard. The bill has caused great controversy, and opponents believe that since American law allows gambling, it is the freedom of the people to do gambling.
All this has not hindered the popularity of poker, and there are still tens of millions of casual poker online players in the United States (not playing real money games), as well as an incalculable number of offline cards and players. However, the total number of online gamers has indeed entered the plateau period.
Qin Shaoyan and Fred soon reached a preliminary cooperation agreement and will discuss the specific details later, but Fred can't wait to open champagne.
After seeing Fred away, Qin Shaoyan kept Chen Yuanzong and Liu Yuanrui.
"The cooperation has been decided, and it is still too late to withdraw." Qin Shaoyan said lightly, "Let's be villains first and then gentlemen, let's make clear in advance to avoid unpleasant troubles in the future."
"I dare not, don't dare." Chen Yuanzong hurriedly said, "I will talk to Mr. Ding Qin, you can do whatever you want."
"Okay." Qin Shaoyan continued, "The revenue of the chess and card game company and Facebook is 28 cents."
"28 points?" Chen Yuanzong was stunned for a moment.
"Eighty-mostly they belong to others." Qin Shaoyan glanced at Chen Yuanzong, "What? Not satisfied? This is the rule. How many people want to kneel down but don't have this way."
"No, no, no, very reasonable, very reasonable." Chen Yuanzong quickly expressed his no objection, and then asked tentatively: "Mr. Qin, how much do you want?"
"I don't want it." Qin Shaoyan smiled faintly.
"Ah?" Chen Yuanzong was stunned now. He didn't expect Qin Shaoyan to say this.
Qin Shaoyan made a match for this matter, and after the talk, he said he didn't want it. Could it be that he could only enjoy these 30% of the benefits?
"You don't want to be inappropriate, how dare I take it if you don't want it?" Chen Yuanzong said immediately, "You have to get 10% of it."
Qin Shaoyan said calmly, "I am a shareholder of Facebook. My part is 80% of it, so you don't need to show your diligence."
"But don't think that these 20% are easy to get. You have to pay for when it's time to pay for some."
"I understand!" Chen Yuanzong nodded repeatedly.
Liu Yuanrui next to him was very enthusiastic, but he couldn't speak, so he kept winking at Chen Yuanzong.
Chen Yuanzong pretended not to see it, and after chatting with Qin Shaoyan for a few words, he said goodbye with tactfulness.
As soon as the two left the door, Liu Yuanrui grabbed Chen Yuanzong's arm and said with a slight smile: "Boss Chen is rich, don't forget me, my brother."
Chen Yuanzong smiled and said, "Brother Liu, how could I forget you when you said this?"
"Tell me, what do you want to do?"
(This chapter ends)