I heard John has already started working with Breton Bank, which is indeed a very enviable thing."
Before, Donnie used to use his own money to finance John's cash business, but with the entry of Breton Bank, John and Dick jointly developed a cooperative loan service.
To put it simply, it's basically using the bank's money to lend to gamblers who need to borrow.
While this meant that John had to share some of the profits with Breton Bank, it also reduced the financial risk for John's capital.
Even with John's capabilities, there are still inevitably some bad debts and uncollectable accounts, which is unavoidable.
But with the funds from Breton Bank, even if these situations occurred, the risk would fall on Breton Bank, not affecting John substantially.
Moreover, with Breton Bank, more funds could be raised. Now, the popularity of Atlantic City is rising, and an increasing number of wealthy gamblers are coming.
