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Will MGM and Caesar's Merge?

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Nicole Davidson
(@nicola-davidson)
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Joined: 8 years ago
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One of the two biggest resort companies in Las Vegas (with locations worldwide) could unite forces and work closely as a team. Both companies have dropped down in shares (Caesars 25% and MGM 15%) and while its trying times for both casinos, a merger does have its benefits.

If the two did merge, they would own half of the hotels & casinos in both Las Vegas and Atlantic City. Now that's one heck of a stat! Keep in mind, Caesars recently turned down an offer from Golden Nugget billionaire. Will they say yes to MGM? Caesar's is currently valued at $22 billion while MGM is sitting at $30 billion.

What do you think? Will they merge?

Happy Spinning 🙂


   
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