Chapter 131 The gambling king bows his head and gains $600 million
Sheldon bowed his head?!
Although this scene in front of him was what little Kerkorian had been looking forward to, after seeing it with his own eyes, he was still shocked and found it incredible!
Even when Kerkorian's grandfather was in power, the Las Vegas gambling king never admitted defeat in front of him!
But now, the indomitable Las Vegas gambling king has really given in!
Suddenly, little Kerkorian felt only a burst of joy and pride.
Since taking charge of the MGM Group, he has never been so proud!
And all of this is thanks to the man beside him.
Lin Chen!
Little Kerkorian looked at him with fiery eyes, and at the same time secretly hated himself, why was he not a woman? Otherwise, he would definitely try his best to make him a member of the Kerkorian family.
"Mr. Sheldon, I personally can accept your apology, but as for whether to stop or not, it all depends on Lin Chen's wishes."
Sheldon nodded, and he suddenly took out a check from his arms: "Dear Mr. Lin, here is 100 million US dollars. Although it is only a small amount, it is a little bit of our gratitude."
"I hope this money can make up for our previous rude behavior towards you. In addition, all hotels under the Sands Group will be open to you, Mr. Lin, free of charge in the future. You can enjoy free of charge in all Sands Group hotels around the world.
Get the best service!”
After hearing this, Fang Han and Xu Ling looked envious.
What is ability?
This is the point!
The current situation is as if Lin Chen led a group of thugs to rob the old rich man Sheldon's home, and then Sheldon in turn wanted to give him another batch of gold and silver treasures as a thank you for not killing him.
Yes!
Awesome! So awesome!
Lin Chen also secretly laughed in his heart. Sure enough, the ghost guys are always afraid of the weak. Only by defeating them will they truly respect you from the bottom of their hearts.
After taking away a check of 100 million US dollars, this matter has finally come to an end.
"Mr. Kerkorian, let's go back!"
"No problem, dear Lin."
After getting Lin Chen's nod, little Kerkorian asked the bodyguards to leave the casino, allowing the Venetian to resume business.
Then, with the fearful eyes of Sheldon and the Venetian employees, Lin Chen and others walked away.
Afterwards, in order to celebrate this crazy victory, everyone went crazy all night again.
It wasn't until noon the next day that Lin Chen reluctantly got up from the bed where Xu Ling and Angela were lying.
After the carnival, it's time to take stock of last night's harvest.
Last night, he had made an appointment with young Kerkorian to count the harvest together at noon today.
Sensing Lin Chen getting up, the sleepy Xu Ling got up from the bed and began to clean up for Lin Chen silently, like a docile island country wife.
After all, Xu Ling is from Moss Island. The people there worship the island country and have even learned some of its customs.
However, Lin Chen enjoyed Xu Ling's appearance very much.
In comparison, the young Angela was far inferior. She was still lying in bed without waking up until Lin Chen and Xu Ling went out.
When Lin Chen, dressed neatly and holding Xu Ling in his arms, arrived at Kerkorian's office as scheduled, Kerkorian was listening to reports from his subordinates.
Seeing Lin Chen come in, he immediately opened his arms, hugged Lin Chen, and welcomed him warmly: "Dear Lin! You came at the right time!"
Separating from Lin Chen, little Kerkorian looked at Xu Ling again and said with a smile: "And the beautiful Miss Xu Ling, I thought you were so crazy yesterday that you wouldn't be able to get up today."
Xu Ling blushed and lowered her head shyly.
Lin Chen pulled Xu Ling and sat on the sofa, crossed his legs, and said, "Okay, little Kerkorian, have our results been calculated?"
"certainly!"
When he mentioned this, little Kerkorian's face immediately burst into laughter.
"Dear Lin, my people have done the counting. Yesterday we took 50 million US dollars to the Venetian and won a total of 297.7 million US dollars!"
"Because you are a foreigner, this money needs to be deducted from 33% personal income tax according to Las Vegas law, so your final winnings are 194.5 million U.S. dollars, plus our previous
The agreed principal amount of US$50 million is a total of US$249.45 million.”
The tax rate that little Kerkorian calculated for Lin Chen was actually a bit high, because in yesterday's casino, the real money won by foreigners like Lin Chen and Xu Ling was not that much, and there was still a considerable amount of money.
It was won by young Kerkorian and his bodyguards. According to the law, the tax rate they have to pay is much lower than 33%.
However, on the other side of the ocean, no one could fool the IRS, so in order to avoid trouble, little Kerkorian, after getting Lin Chen's permission, directly put all the money in Lin Chen's name and filed the tax return.
Even so, this amount of money was already an astronomical figure in the eyes of Xu Ling who was standing by.
Her eyes widened, she pressed her chest with her hands, and couldn't help but take a deep breath.
US$249.45 million.
Hearing this number, Lin Chen couldn't help but curl up his lips.
In this way, including the money he won from Li Tiancheng and Sheldon's apology, he has earned 499 million U.S. dollars this time on the other side of the ocean, nearly 500 million U.S. dollars.
.
Lin Chen's initial goal of coming to Las Vegas has been exceeded.
And this is not the last number that he can really get. Lin Chen also has another investment in the stock market.
"Korkorian, where are the stocks we bought?"
"Hehehe, when it comes to this, Lin, I must admire your vision."
Little Kerkorian turned around, took out a laptop from his desk, and placed it in front of Lin Chen.
On the notebook is a graph of a stock.
"Lin, this is the share price of Sands Group. As soon as the market opened this morning, their share price plummeted, and now it has dropped to 54 US dollars. We established a short position at 57 US dollars, which means we have made 3 US dollars per share now!"
"My securities traders have analyzed that what happened last night has just spread, and the market has not yet fully reacted. But when the news breaks out at noon, Sands Group's stock will fall even further, at least it can
Falling below $10.”
"By then, you and I will be able to earn at least more than $100 million in the stock market!" Little Kerkorian said with great excitement.
"More than 100 million US dollars?" Lin Chen was also stunned by this number.
I invested 100 million US dollars, but it doubled in three days. The stock market on this other side of the ocean is much more violent than the Chinese stock market.
In fact, even if Sands Group fell by US$10, it would only be a drop of about 17%.
With Lin Chen and Kerkorian's capital of US$100 million each, the two of them could theoretically only earn more than US$10 million.
But there is a big difference between the U.S. stock market and China's stock market, that is, like futures, U.S. stocks can also be traded using leverage.
This time, Lin Chen and Kerkorian made plans for the stock market in advance and used 10 times leverage.
After leverage amplification, the final income of the two easily exceeded 100 million US dollars!
After including the money in the stock market, Lin Chen's trip to Las Vegas has made a net profit of more than 600 million US dollars, which is double his original expected goal!
Even though Lin Chen was prepared, he couldn't help but feel ecstatic. Not long ago, he was worried that it would be difficult to earn 300 million US dollars this time in Las Vegas. Unexpectedly, in the blink of an eye, he had already earned more than 300 million US dollars.