Casinos and Gaming
MGM CEO leaves door open to People Inc. bid as casino dealmaking heats up
The Wall Street Journal reported MGM was exploring an offer for People Inc. after People Inc. withdrew its $48.30-per-share proposal to buy the rest of MGM.
MGM Resorts shares sink 9% after Barry Diller’s People Inc. rescinds takeover offer
Barry Diller’s People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts.
Flutter shares plummet on earnings miss and another key leadership change
FanDuel, Flutter’s most important business, has been losing its dominance in market share in the United States.