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Nevada's Gaming Commission voted unanimously to approve shelf offerings for both MGM Resorts International and Caesars Entertainment, clearing a critical regulatory step in two separate bids that could remove both casino giants from public stock exchanges.
Nevada Gaming Commission members questioned MGM Resorts at a July 23, 2026 hearing about board governance, Osaka development risk, and employee impact as Barry Diller's People Inc. non-binding $48.30-per-share bid remains under review by a special board committee.
MGM Resorts formed a special committee on July 11 to evaluate Barry Diller's $18 billion takeover bid from People Inc., with MGM shares rising to $48.40 as JPMorgan confirmed financing commitment for the deal, according to The Wall Street Journal.