MGM appoints InterActiveCorp leadership to board
MGM Resorts International has appointed a number of executives from online media giant InterActiveCorp (IAC) to its board of directors.
MGM Resorts International has appointed a number of executives from online media giant InterActiveCorp (IAC) to its board of directors.
IAC chairman and senior executive Barry Diller and chief executive Joey Levin will both join the MGM board, which will now consist of 14 members.
The double appointment comes after IAC recently committed to a significant investment in the operator, acquiring a 12% stake in the business for approximately $1bn.
At the time Diller and Levin explained that the operator’s nascent online betting and gaming business, through its BetMGM joint venture with GVC Holdings, was a major factor in IAC’s decision.