This may be a good time to go all-in on MGM Resorts International stock, even though it was sliding on Thursday after a potential takeover deal fell through.
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Barry Diller’s media conglomerate People Inc. is readying an offer to acquire MGM Resorts International in a deal that values the casino operator at $18 billion, The New York Times reported Monday.
MGM Resorts International beat market expectations for fourth-quarter on Tuesday, as its China business benefited from th removal of certain pandemic-related restrictions in gambling hub Macau.
The online sports betting platform BetMGM is teaming up with X, the social media site formerly known as Twitter.
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