The bidding war for Crown Resorts is reaching its conclusion, and Blackstone has entered into exclusive talks after upping its bid to AU$8.87bn (US$6.48bn).
Hong Fang, the CEO of popular cryptocurrency exchange OKCoin, has revealed she believes it’s “reasonable” for the price of the flagship cryptocurrency to hit $100,000 in the long run, although in the short-term she admitted several market factors influence the cryptocurrency. Speaking to CNBC, Fang noted that the Bitcoin network has “no protocol risk” and […]
H&R Block Inc has recruited its new top lawyer from Tilray Inc, hiring Dara Redler, the Canadian cannabis producer’s interim chief legal officer. Bloomberg report that the reason they’ve taken on Dara Redler is to fight a lawsuit over the company’s name against billionaire Jack Dorsey’s Block Inc but we wonder if they don’t have […]
An Oregon racetrack owned by Dutch Bros coffee billionaire Travis Boersma will lay off 226 workers next month. That’s unless the state racing commission greenlights its application for 225 historical horse-racing machines. The ultimatum, first reported by Willamette Week, comes as an alliance of nine Oregon tribal operators continues to pressurize the legislature to put […]
Crypto billionaire and founder of Binance, Changpeng CZ Zhao, has proposed crypto as a way to fight inflation. Fellow billionaire Michael Saylor chimed in the discourse to point out Bitcoin as the perfect inflation hedge. Two billionaires propose crypto to fight inflation In a tweet, the crypto billionaire asserted that inflation was an unassailable opponent
The Virginia casino bill signed into law by Gov. Ralph Northam (D) in 2020 allowed five cities to consider authorizing a commercial casino development to spur economic activity. A forthcoming supplemental piece of legislation seeks to add a sixth qualifying town. Virginia’s casino effort is tailored towards helping struggling cities reverse their fortunes. Voters in […]
Billionaire investor Bill Miller is bullish enough on Bitcoin that he now has over 50% of his investment portfolio allocated to BTC. According to the legendary hedge fund manager, “unconfiscatable” Bitcoin is an insurance policy against inflation, chaos, or government seizures of gold and other assets. He views each Bitcoin as a share in an […]