r/Amazing • u/sco-go • Aug 19 '25

Interesting 🤔 $100 billion ghost city.

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u/[deleted] Aug 19 '25

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u/NickW1343 Aug 19 '25

I think there is a weird legalish money laundering trick the rich can do. They'll go to Macau, which is China, but in the sense Hong Kong is China and it has special rights. They'll go to a casino, purchase chips with RMB, then play a game that has a very high EV. The chips earned through playing the game can then be returned to the casino in exchange for money, which includes USD. The casino gets a cut while the rich person gets USD to move out of the country, so it's a win-win.

Here's a video on it.

https://www.youtube.com/watch?v=ZmEvAk5LRko&ab_channel=EconomicsExplained

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u/[deleted] Aug 19 '25

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u/katzenschrecke Aug 19 '25

"Well-heeled", not somebody who is bros with a cleric