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Las Vegas Is Gambling on Its Own Reinvention

Tourism is down, lower-income visitors are tightening their wallets, and online gambling means the casino now fits in your pocket. But Las Vegas isn't panicking. It's doubling down on what you can't get on a screen. The Tao Group is building a 46,000-square-foot dayclub on the Strip, its flagship nightclub is posting record revenue year after year, and the city's fast permitting process lets it rebuild itself faster than anywhere else in America.

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Bloomberg

US Navy Taps AI Firm to Clear Iranian Mines in Strait of Hormuz

Traffic through the waterway has been at a near-standstill since the US and Israel launched strikes against Iran in late February and Tehran threatened to attack ships in the strait. Iran has said it laid mines along the most frequently used routes of the narrow waterway, and a senior US Defense Department official says clearing the strait of mines could take six months. Domino Data Lab Chief Operating Officer Thomas Robinson joins David Gura and Christina Ruffini on Bloomberg This Weekend to discuss the adoption of artificial intelligence (AI) to detect Iranian sea mines in the Strait of Hormuz to speed up and improve the accuracy of underwater mine detection while reducing reliance on human personnel.

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Bloomberg

The Energy Source Hiding Beneath Your Feet

As data centers push US electricity demand toward a projected 20% increase over the next decade, one overlooked power source is getting a second look: geothermal. New techniques borrowed from oil and gas fracking are unlocking heat from deep underground in places far beyond traditional hot springs. Private capital has poured more than $1.5 billion into next-gen geothermal since 2021, and companies like Ormat and Sage Geosystems are partnering to bring commercial projects online by 2027.

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Bloomberg

Trump Rues State of Iran Talks, Says Prefers Not to Strike

President Donald Trump expressed displeasure with the current state of negotiations with Iran but stopped short of threatening fresh military action in the nine-week conflict that's triggered a global energy crisis. Bloomberg News, Managing Editor, Middle East & Africa Paul Wallace, Bloomberg Economics Defense Lead Becca Wasser and Bloomberg News White House Correspondent Jeff Mason join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.

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