• shalafi@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    ·
    2 months ago

    Someone here pointed out that these losses are money laundering wins. I now have a different view on the “failed” casinos.

    • TimLovesTech (AuDHD)(he/him)@badatbeing.social
      link
      fedilink
      English
      arrow-up
      1
      ·
      2 months ago

      And tax write-off sink holes, as he loves to over-value for loans and then under value for tax breaks (ex. - what he did in NY and is currently appealing the judgement against him). And losses would lower that tax burden even further.