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MGM says the acceptance period for the give is expected to begin on or around June 2022 and expire in August. If all the things goes according to strategy, the enterprise expects settlement to commence in early September. MGM Resorts is generating a $607 million, or $six.20 a share, cash offer to acquire LeoVegas AB. MGM says the deal would add to its earnings per share. The quantity of adults who bet on sports at least weekly a lot more than doubled from 5% of respondents in January to 12% in December. Legalized sports gambling additional than doubled in 2021, and there is nonetheless room for extra growth in both the U.S. and abroad. Get full access to our industry insights, commentary, newsletters, breaking news alerts, and a lot more.
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