📊 Topic

Gaming real estate

1 story · First covered Jul 13, 2026 · Latest 2h ago
Gaming real estate Coverage
People Inc. Wants MGM at $48.30 a Share. The Market Already Thinks That's Low.

People Inc. Wants MGM at $48.30 a Share. The Market Already Thinks That's Low.

Barry Diller's $18 billion bid for MGM Resorts implies a cap rate and asset valuation that MGM's own board appears to reject. The real question is what a 26.1% blockholder can extract from a company he already controls in everything but name.