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”Building the Brand Worldwide:Playson has been busy this year increasing its presence around the world. Earlier this month, the brand announced more services in the UK thanks to a content deal signed with STech Technology. The new deal will see SpaceCasino utilizing the quality games of the software developer including new titles coming later on this month. SpaceCasino will also have access to integration-free tools including regular tournaments, extra spins and Seamless Play. American media and technology firm Interactive Corporation (IAC) has reportedly spent approximately billion in order to acquire a 12% stake in prominent land-based casino operator MGM Resorts International. Online Casino Online Casino 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 comefair go no deposit oct 2020s 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. Online Casino 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. 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 ’Reportedly read a statement from Diller…“What initially attracted us to MGM Resorts International besides its leadership in leisure, hospitality and gaming was an area that currently comprises a tiny portion of its revenues, online gaming. Online Casino Online Casino Online Casino IAC’s foundational concept of seeking opportunities to build interactive businesses is our base rationale [and] there is a digital-first opportunity fair go no deposit oct 2020within MGM Resorts International’s already impressive offline businesses. Online Casino Online Casino With our experience, we hope we can strongly contribute to the growth of online gaming. ”Additional assistance:CDC Gaming Reports explained that MGM Resorts International used its own statement to welcome this latest investor as ‘a long-term strategic partner’ that will