With Frissora soon out<\/a>, the odds of some sort of major development for the company coming to fruition seems likelier.<\/p>\n<\/div>\n“I think the next three to four months will be fascinating,” another source said. <\/i><\/p>\n
Kosman’s insiders don’t believe MGM is the only potential game in town for Caesars. Should Wynn Resorts hold on to its Boston license, the sources say it too could make a serious play for Caesars.<\/p>\n
Caesars merging with MGM or Wynn wouldn’t only have a major impact on the domestic gaming industry. A deal with either of those companies would finally give Caesars a piece of Macau casino market, and the unified company might also become a leading contender in the Japan integrated resort race.<\/p>\n
FTC Concerns<\/b><\/h2>\n
If MGM Resorts and Caesars Entertainment merge, the entity would control about 50 percent of the available hotel rooms in both Las Vegas and Atlantic City. That could prompt the US Federal Trade Commission (FTC) to halt the merger on monopoly worries.<\/p>\n
The FTC’s mission is “to protect consumers by preventing anticompetitive, deceptive, and unfair business practices, enhancing informed consumer choice and public understanding of the competitive process, and accomplishing this without unduly burdening legitimate business activity.”<\/strong><\/span><\/p>\nWhen daily fantasy sports leaders DraftKings and FanDuel tried to merge in 2017, the FTC successfully obtained an injunction to block the deal. “This merger would deprive customers of the substantial benefits of direct competition between DraftKings and FanDuel,” FTC Bureau of Competition Tad Lipsky declared.<\/p>\n","protected":false},"excerpt":{"rendered":"
MGM Resorts and Caesars Entertainment are reportedly continuing their discussions on potentially merging the two casino giants. Talking with sources close to the negotiations, New York Post journalist Josh Kosman says there is no formal offer on the table. However, MGM has hired Morgan Stanley to assess the practicality of merging the two gaming empires. […]<\/p>\n","protected":false},"author":25,"featured_media":91883,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,18],"tags":[],"acf":[],"yoast_head":"\n
MGM Resorts and Caesars Entertainment Continue Merger Talks<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n