People Inc Targets MGM Resorts in $18B Takeover Bid
The New York-based publishing giant People Inc (formerly known as IAC) has launched a bid to increase its holdings in the casino operator MGM Resorts International to 50.1%.
Daily betting and casino industry insights, straight to your inbox.
Subscribe
The New York-based publishing giant People Inc (formerly known as IAC) has launched a bid to increase its holdings in the casino operator MGM Resorts International to 50.1%.
Asian gamblers are heading to the subtropical South Korean island province of Jeju en masse, with a top casino operator raking in record-breaking quarterly profits.
Wynn Resorts reported higher first-quarter revenue and profit, supported by growth at Wynn Palace and its Las Vegas operations.