MGM Resorts Forms Special Committee for People Inc. Takeover Bid
MGM Resorts International announced the formation of a special committee to review a blockbuster takeover bid from People Inc.
MGM Resorts International
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MGM Resorts Reports Record Quarterly Revenues in Macao
MGM Resorts International’s $4.5 billion in consolidated revenues is a second-quarter record high for the casino operator, with further cheer coming from gaming tables in Macao.
MGM reviews $18 billion takeover proposal as digital growth boosts
MGM Resorts International said it is continuing to evaluate an $18 billion takeover proposal from People Incorporated while reporting modest revenue growth and sharply higher profit for the second quarter.
MGM and Caesars Nearing Stock Market Exit Approval
MGM Resorts International and Caesars Entertainment are moving closer to exiting the stock market after Nevada regulators approved their plans, potentially leading to their transition to private ownership.
Nevada Regulators Approve MGM and Caesars Take-Private Deals
The Nevada Gaming Commission has approved key regulatory steps for separate take-private transactions involving MGM Resorts International and Caesars Entertainment.
MGM Forms Special Committee Amid Intensifying Takeover Talks
MGM Resorts International has established a special board committee and appointed advisers to evaluate media mogul Barry Diller’s takeover proposal as negotiations with his People Inc. intensify, according to The Wall Street Journal.
MLB Extends Partnerships with BetMGM and MGM Resorts
MLB has agreed to extend its business relationships with MGM Resorts International and BetMGM, continuing partnerships spanning nearly a decade.
MGM Resorts and BetMGM Extend MLB Agreements
MGM Resorts International and BetMGM have renewed their partnerships with Major League Baseball (MLB), extending a relationship that began in 2018.
MLB Extends Partnerships with BetMGM & MGM Resorts
MLB has agreed to extend its business relationships with MGM Resorts International and BetMGM, continuing partnerships that have served baseball fans for nearly a decade.
Warning Issued Against Bogus Japanese Online Casino Sites
Osaka Prefecture and the developers of MGM Osaka warn the public to steer clear of gambling sites falsely claiming affiliation with the project.
MGM China Shares Drop Following Pansy Ho's Sale of MGM Resorts Stake
Shares of MGM China Holdings fell about 6.4% on Monday after disclosure that Chair and Executive Director Pansy Ho sold her entire stake in parent company MGM Resorts International.
Barry Diller's Proposal Impact on MGM's Strategy
Barry Diller’s proposal to take over MGM Resorts International has ignited broader discussions about what the company could look like under new ownership.