MGM Resorts amends voting agreement with People Incorporated
The amendment follows People's withdrawal of its acquisition proposal. Covered Entities agree to vote shares per Board recommendation for change of control transactions.
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Latest news in Casinos & Gaming
Company announcements
GiG reports Q3 2026 financial results and announces 888AFRICA acquisition completion
Revenue fell to €8.5m, but cash rose to €8.0m due to the 80% stake buy in 888AFRICA, strengthening the balance sheet for future growth.
Caesars reports third quarter 2026 financial results
The company posted a net loss of $123 million with adjusted EBITDA of $865 million amid an acquisition by Fertitta Entertainment
GiG reports financial growth and strategic acquisitions in 2022
Revenue rose to EUR 90.1m normalised with EBITDA up 51%. The company acquired Sportnco and AskGamblers while announcing a split into two listed entities.
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Media coverage
Federal Court blasts 'false veneer' in AUSTRAC's case against Entain
The financial crimes regulator alleges the bookmaker allowed 17 high-risk customers to spend more than $152 million without doing proper background checks.
MGM’s Hornbuckle says acquisition by People Inc. a no-go; operator will refocus attention on long-term plans – CDC Gaming
To start Wednesday’s earnings call, MGM Resorts International President and CEO put a stop to rumors about a possible acquisition by People Incorporated, the op...
MGM says strong October in Macau follows record quarterly market share
Casino operator MGM China Holdings Ltd has seen strong trading in October following record quarterly revenue and market share in the three months to September...
Caesars Publishes Q3 Financials as Reports Say CEO Reeg Will Head Fertitta’s Leisure Segment
Caesars reports higher Q3 revenue but a wider net loss, as reports suggest CEO Tom Reeg may lead Fertitta Entertainment’s ...
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