MGM Resorts Offering $607 Million for LeoVegasWritten by: Todd Shriber

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MGM Resorts International (NYSE:MGM) is offering $607 million to acquire LeoVegas AB — a move aimed at increasing the casino giant’s already sizable online gaming footprint. The largest operator on the Las Vegas Strip is offering $6.20 a share for the Swedish gaming company. MGM is paying for the purchase with existing cash on hand
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