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IAC Hits Home Run on MGM InvestmentWritten by: Todd Shriber

Gaming stocks of all stripes are tumbling this year amid persistent inflation and rising interest rates, among other macroeconomic headwinds, and while MGM Resorts International (NYSE:MGM) isn’t immune from that slump, Barry Diller’s IAC/InterActiveCorp (NASDAQ:IAC) is highlighting its investment in the casino operator. This week marks the two-year anniversary of when the conglomerate started amassing
The post IAC Hits Home Run on MGM Investment appeared first on Casino.org.
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