Meanings
Borrowed from French les jeux sont faits (literally “the games are made”). Earliest use found in James Joyce (1882–1941) in the 1920s.
In roulette, the call made by the croupier as the wheel is set in motion.
Things have reached an irreversible point; you cannot go back now that you have done something.
les jeux sont faits, the stakes are set
the die is cast, les jeux sont faits (things have reached an irreversible point)