• Newsteinleo@infosec.pub
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        5 hours ago

        The house isn’t even playing a game, it’s all statical models. The slots are designed to pay out less money than they take in. As long as you can keep people coming into the casino you will make money.

      • deadbeef79000@lemmy.nz
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        3 days ago

        Money laundering.

        The financial success or failure of the casinos was a by product of laundering huge amounts of money through them.

    • UnderpantsWeevil@lemmy.world
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      3 days ago

      The joke of it was how he came out ahead on several of them. Trump discovered you can borrow other people’s money for a project and, if it doesn’t pan out, just keep a chunk for yourself and don’t pay them back.

      He’s an IRL Max Bialystock, vacuuming up dumb money and leaving legions of broke dowagers in his wake.

  • pedz@lemmy.ca
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    3 days ago

    I’m convinced the casino bankruptcies were just a way to launder money and abuse the system. There’s probably a few hundred contractors that never got paid while he benefited from their work long enough to make profit out of it.

    • ArmchairAce1944@lemmy.ca
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      2 days ago

      He could have been working with Epstein far sooner than we think with his schemes to launder money and smuggle arms.

  • kingofras@lemmy.world
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    3 days ago

    To all the people who are learning about this through this meme bit voted for the guy anyway: you’re probably not on Lemmy anyway.