{"id":144485,"date":"2020-08-11T09:21:25","date_gmt":"2020-08-11T16:21:25","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=144485"},"modified":"2020-08-11T12:59:23","modified_gmt":"2020-08-11T19:59:23","slug":"iac-lauded-for-mgm-investment-shining-light-on-online-betting","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/iac-lauded-for-mgm-investment-shining-light-on-online-betting\/","title":{"rendered":"IAC Unconventional MGM Investment Earns Rave Wall Street Reviews"},"content":{"rendered":"
IAC\/InterActiveCorp’s (NASDAQ:IAC) purchase of $1 billion worth, or 12 percent, of MGM Resorts International (NYSE:MGM) equity, news revealed on Monday, is eliciting praise from analysts covering both companies. Some are saying it’s further confirmation of the growth expectations associated with online gaming.<\/p>\n