MGM Resorts Will Pursue Other Possibilities with LeoVegas Acquisition

MGM Resorts is exploring alternate options with its acquisition of the Swedish online gaming company LeoVegas, with a deal valued at $607 million. LeoVegas is set to be acquired by MGM Resorts, after an overwhelming approval of 96% of LeoVegas’ shareholders to the takeover bid granted at the beginning of September 2022.

With the final regulatory approval received, MGM Resorts can proceed with the acquisition of LeoVegas, marking the company’s first major foray into online gaming outside the United States.
 
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