People from the Federal Gambling Group came to visit Lin Qi first thing in the morning.
The Gambling Group technically referred to an interest group within the Federation whose main business consisted of various gambling industries. It was not a complete Group Company in name.
Rather, it was a relatively loose alliance made up of multiple companies and groups.
The gambling industry in the Federation itself was subject to many restrictions. For example, almost all states prohibited the opening of casinos. Even in the few places where casinos were allowed, there were some outrageous restrictions.
Operating a casino in the Federation basically meant that ninety percent of its income would be paid into the Federal Government's National Treasury as taxes.
There had once been rumors that Congress planned to raise the starting tax rate on the gambling industry to ninety-two percent, with a maximum of ninety-six percent! With such high tax rates, once all kinds of expenses were deducted, it was virtually impossible to make any money legally operating a casino in the Federation.
The ones that could make some money were the casinos operating within the Indigenous Reservation.
To placate the Indigenous People, the Federal Government had given them many preferential policies.
For example, the starting tax rate on casinos they opened themselves was not high. It increased gradually, which was why small casinos were rampant in Indigenous Reservations.
Large casinos paid high taxes, making them less profitable than small casinos, while their maintenance costs were also lower.
The Indigenous Reservation had many other preferential policies from the Federal Government as well.
For example, solicitation services, which were only permitted in a tiny number of areas in the Federation, could be established tax-free in the Indigenous Reservation—
There were even certain trends encouraging Indigenous girls to enter the industry.