The DU Lounge
Related: Culture Forums, Support ForumsObscure casino run by a Trump protege is raising big questions
Far-flung gambling operation advised by former FBI and CIA chiefs posts huge revenues...and its flows of cash have drawn the attention of the U.S. Treasury.
http://www.bloomberg.com/news/features/2016-11-13/obscure-casino-run-by-a-trump-protege-is-raising-big-questions
On a tiny island in the western Pacific, at the end of a duty-free mall wedged between a one-story laundromat and a cell-phone shop, youll find what may be the most successful casino of all time.
The awkwardly named Best Sunshine Live hardly looks like a high-roller hub. Construction workers bet $5 or $10 at a time on roulette and baccarat in a fog of nicotine. Clustered in a far corner are a handful of tables for so-called VIP gamblers, which at 8:30 p.m. on a September Saturday are almost empty. A nearby bar has just a couple of patrons.
Nothing about the facility, which opened last year on the U.S. island of Saipan, hints at the money flowing through ittable for table, far more than at the biggest casinos in Macau, the worlds number-one gambling capital. Nor is there any sign of the connections of its owner, Hong Kong-listed Imperial Pacific International Holdings Ltd., which has a market value of $2.4 billion.
Its a power list that includes a former director of the Central Intelligence Agency, a former director of the Federal Bureau of Investigation, and three former U.S. governors, including past chairmen of both the Democratic and Republican National Committees. Behind them all: a Donald Trump protege, Mark Brown, who ran the Republican president-elects Atlantic City casino empire and is now Imperial Pacifics chief executive officer.
Wow... follow the money... a very interesting read... can't wait to see if any develops...
TreasonousBastard
(43,049 posts)casino on the next island.