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According to Monday reports from CNBC and CDC Gaming Reports, the New York-headquartered firm controlled by billionaire businessman Barry Diller (pictured) purchased 59 million MGM Resorts International shares at individual prices ranging from a high of . Online Casino 92 down to a low of . 38 via 34 transactions between June 9 and August 7. Troubling trend:The investment comebonza spins casino no deposit bonuss at a time when the New York-listed casino firm’s land-based business is suffering from the impact of the ongoing coronavirus pandemic with its shares now worth around 35% less than at the start of the year. The Las Vegas-headquartered operator purportedly ended last month by announcing that its second-quarter net revenues had fallen by 91% year-on-year to just 1 million with its company-wide deficit for the three-month period standing at some 7 million. Online Casino iGaming interest:Diller serves as Chairman for IAC and he reportedly used an official statement to detail that his firm has long been looking into the possibility of entering the 0 billion global online gaming industry. The 78-year-old purportedly moreover declared that the chance to buy a stake in MGM Resorts International, which operates the BetMGM iGaming service via the Roar Digital LLC joint venture it established with GVC Holdings, had represented a ‘once in a decade opportunity’ for his company to acquire ‘a meaningful piece of a preeminent brand in a large category with great potential to move online. Online Casino

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