Cryptocno

Mystake and several related crypto casino brands linked to Santeda International B.V. were offline for about 20 hours on June 14 after multiple business-to-business slot suppliers withdrew their games.

Liz Ann Sonders, Charles Schwab chief investment strategist, sees a rise of speculative investing and says financial markets are starting to look more like casinos. She speaks with Tom Keene and Scarlet Fu on the debut episode of "Bloomberg Money."

Real estate mogul Tilman Fertitta's years-long quest to buy Caesars Entertainment Inc. is finally paying off: His firm struck a $5.7 billion, all-cash deal for the Las Vegas company on Thursday that will add some 52 casinos in the US to his entertainment empire. Fertitta's pursuit of Caesars dates as far back as 2018, when the owner of the Golden Nugget casinos approached the company about a possible merger. Fertitta had borrowed heavily to buy the Houston Rockets basketball team for $2.2 billion, and the potential merger was seen at the time as a means of folding his debt into a larger company.  Fertitta eventually built a stake in Caesars, signaling his continued interest in a tie-up. As part of the takeover announced on Thursday, Fertitta Entertainment Inc. is paying Caesars shareholders $31 a share in cash. We get reaction from Jody Lurie, Senior Credit Analyst for Bloomberg Intelligence.

President Donald Trump said he would investigate federal employees placing bets on event-betting platforms during comments with reports at the White House on April 23.

Videos of influencers hitting it big on Stake.com are all over the internet. But at least some of those wins are statistically unlikely, a Bloomberg analysis showed.