The Federal Supreme Court convenes.

The New York prosecutor's lawsuit against Hardy's Hotel for allegedly running a lottery was again reviewed.

In court,

The two sides had another round of discussion.

It's obvious.

The New York State Attorney's Office did not produce any more favorable evidence, and its statements were also very weak.

In contrast, the legal team of the Hadi Group is strong, and the barrister spoke generously, citing a large number of clauses and evidence to prove that the lottery draw was not a lottery, but just normal gambling behavior in a casino.

After a day of hearing, the Chief Justice finally ruled that Hardy Casino's "lottery event" was not a lottery event.

But the justices also said: "If the television industry becomes more developed in the future, and similar lottery events become more and more common, it will inevitably have a certain impact on the country. The federal court will recommend that the government formulate relevant policies and impose relevant regulations on the 'television lottery' activities."

New York state prosecutors did not appeal.

This outcome was the result of the efforts of many parties: the old godfather used his connections, President Johnson exerted pressure, and the financial consortium behind Dewey used their connections to handle the situation so quickly.

From now on,

Hardy's casino's 'lottery event' is no longer a borderline case, but a legal business, which is another victory for Hardy.

The federal court kept its word and made recommendations to the government, suggesting that the government should enact relevant regulations to restrict activities such as "television awards."

After reading the proposal, President Johnson immediately gave instructions, and the government came up with relevant regulations within a few days.

In the future, any "television lottery" event must be approved by the government. The government will issue an access permit depending on the circumstances. At the same time, the government has the right to supervise the legality and fairness of lottery events, thereby limiting the rampant lottery events.

And on the next day,

The Hardy Group obtained the first "television awards" license in the United States, and from then on the Hardy Group had the legal right to carry out this event.

The New York Times: "The Federal Supreme Court ruled in favor of Hardy Casino. The Hardy Group received the first 'television lottery' license issued by the government and obtained the legal right to operate. The Hardy Group won the overall victory."

Los Angeles Times: "'Television' was not deemed a lottery cash grab, another failure for Dewey."

Global Times: "Hardy Group is preparing to organize more diverse televised lottery events, and Hardy said he would ask Nevada to open up its lottery business."

Anyone who knows a little about the inside story can't help but complain in their hearts.

This operation is so straightforward that even a fool can see that this "TV awards" license is tailor-made for the Hardy Group.

Hardy owns a casino and a TV station, so it is very difficult for others to get involved in this business.

Now it's time.

One more entry license.

That's not a restriction at all; it's simply protection.

Protect Hardy's business from being taken away.

Naked monopoly protection.

Those who know the inside story better know that the success of this matter is closely related to Hardy's investment in Johnson.

Hardy has spent so much effort to support Johnson. It is part of the American power game for Johnson to make some rules that are beneficial to the financial backers within his power.

Previously, this TV award show could earn Hardy 20 to 30 million US dollars in profits every year. Now that he has obtained legal status, Hardy is ready to vigorously develop it. I believe that with Hardy's management ability, it is not a problem for him to achieve an annual profit of 50 million.

Regarding this.

The mafia families and California conglomerates that cooperated with Hardy were even more pleased to see him because Hardy had promised that when the new casino was built, he would also hold a televised awards ceremony and they would earn more.

......

Hardy gets a call from Bill.

"Boss, the number of clients of the investment agency has surged by more than 100,000 in the past two days. Now the total number of clients exceeds 500,000, and the total amount of funds has reached 100 million US dollars." Bill said excitedly.

This lawsuit is known throughout the United States. The fact that all major newspapers reported on it has had a huge advertising effect. Now that the federal court has ruled that television awards are legal, many people who were worried can rest assured.

Since it is legal, you can play it. Many people have contacted investment agencies to prepare to give it a try.

The casino reported to Hardy that the prize money for the recent lottery draws has also skyrocketed, with the average prize reaching 70,000 to 80,000, and the highest prize exceeding 100,000. If calculated based on this number, the casino can earn more than 50 million US dollars per year from this project alone.

"Bill, divide the investment company into three parts," said Hardy.

"Ah, why?" Bill was surprised.

"As the amount of funds grows and more and more people call, we should not let customers feel that we have a monopoly and give them the right to choose freely," said Hardy.

"Isn't it still a company owned by one boss?" Bill asked with some confusion.

"Haha, it's different. As long as you are not a boss in public, people will feel that they have the right to choose freely. The customer's feelings are very important." Hardy said.

"Okay, I'll get someone to set up a new company right away," Bill responded quickly.

......

Hang up the phone.

Hardy thought it was time to push forward the development of the lottery business. He had a plan before, but the timing was not right.

Now the federal court has ruled in favor of the "lottery event," opening a crack in the lottery business.

It's also much easier to operate.

The American lottery industry began in the colonial period until the War of Independence. The lottery industry had been developing steadily and even raised a large amount of funds for the War of Independence. By the 1890s, lottery activities were declared illegal.

The lottery industry was not reopened until 1964.

The lottery industry in the United States is divided among states. It is useless to go to Johnson. This time Hardy plans to go to the Nevada state government.

Hardy picked up the phone and called Nevada Congressman Anthony, who was a friend of the Las Vegas mayor and the congressman Hardy had once received.

After the last incident, Hardy and Anthony have become friends.

"Congressman Anthony, I hope you can help me propose a bill to the state legislature to open up the lottery industry in Nevada. Since Nevada has already opened up the gambling and pornography industries, why not open up the lottery industry? I believe the lottery industry will bring more jobs and more economic income to the state, and it can also attract people to increase the population, which will have a series of benefits."

"I asked someone to put together a cooperation model that includes lottery ticket sales, government supervision, fund utilization, profit sharing and other aspects," said Hardy.

"Mr. Hardy, I'll go to Las Vegas to see you now," said Anthony.

the next day.

Anthony took his assistant and flew to Las Vegas, met Hardy in his office, and Hardy handed him a document.

Anthony took the document and looked at it.

Hardy's material referred to a more mature mechanism in later generations. The state government established a state lottery commission, which is an independent regulatory agency independent of the government administrative system. The objects of supervision are lottery companies and lottery sellers.

Lottery dealers are private companies that must be designated and licensed by the state lottery commission. They are run by the most powerful and reputable companies, and the dealers are responsible for the sales.

The key point is how the profits are distributed.

50% of lottery sales revenue will be used as prize rebate funds, 25% as public welfare funds, 12% as lottery taxes, 8% as lottery operations and advertising fees, and 5% as retailer profits.

The 25% public welfare fund is actually handed over to the government, which can be used in public education, medical care, public facilities construction and other aspects.

This is not a small amount of money.

For example, if the lottery is held once a week and 1 million lottery tickets are sold each time, the total annual revenue would be 52 million U.S. dollars, or 13 million U.S. dollars per year. This money is entirely controlled by the state government, and the state government also collects taxes.

The state government was originally short of money. No government is free from short of money. With this income, it will definitely play a great supplementary role. The governor can do many things that he could not do before.

"What do you think of this proposal? Is there anything that needs to be improved?" Hardy asked.

"Mr. Hardy, this proposal is already very mature and can be submitted directly." Anthony thought to himself, Hardy has so many capable people under him, it should be easy to prepare a proposal.

Hardy handed Anthony a cigar, and the two smoked cigars while chatting about the details of the lottery proposal. Anthony understood Hardy's thoughts more and more.

"Don't worry, Mr. Hardy. I will submit it to the parliament when I return. I also have several friends and I will mobilize them to do their best to pass the proposal." Anthony said.

Hardy looked at Anthony with a smile and said, "Senator Anthony, are you interested in running for the Senate next year? If you need any help, I can provide it."

Anthony was instantly excited.

Why did he come here so eagerly? Wasn't it to find a big donor? He was just an ordinary state legislator without any foundation. Without the support of a large force, it would be very difficult for him to make further progress.

Who is Hardy in front of me?

The largest enterprise in Nevada now is called 'Hardy Group'. It owns the largest casino in Las Vegas and has two other even larger casinos under construction. It has invested hundreds of millions of dollars, accounting for more than half of the total investment in Nevada last year.

He supported President Johnson's re-election, and brought Johnson's approval rating from only 30% to over 40% today. His rival Dewey was almost killed by him.

Don't say that Dewey made his own mistake.

Without the instigation of Hardy, the big money sponsor, Dewey's affair would never have been exposed.

Arnold's matter,

Many people would rather believe that it was planned by Hadi.

Hardy not only has money, but also power.

Now that a big money sponsor has extended an olive branch to him, how could Anthony not be excited? He immediately said, "Thank you, Mr. Hardy. If I become a senator and enter Congress, I will definitely help you fight for greater benefits."

Anthony's statement was not servile, because almost every senator has a financial backer. No, it should be that all of them have a financial backer.

Hardy smiled and extended his hand. "We have a pleasant cooperation."

"It's a pleasure working with you." Anthony quickly shook hands with Hardy.

In terms of politics, Hardy is just getting started. He has only expressed his support for two congressmen, one is Nicholson from New York and the other is Anthony from Nevada. Of course, the biggest investor is Johnson.

Compared with other big conglomerates, he is still very thin.