Online casino bids for NBA team

One of the ‘oldest online casino in the world’ could enter a bidding war for NBA team the Cleveland Cavaliers.

Casino Fortune has submitted a letter to current Cavaliers owner Gordon Gund outlining intent to buy the team.

“We have made it clear that we want this team,” said Casino Fortune president Dennis Rose.

The internet casino operator has confirmed it is willing to outbid another interested party to gain control of the team, that has recently won nine straight matches.

Trinidad-based Casino Fortune also claims it previously attempted to buy the Phoenix Suns for $380 million.