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Jan 8, 2021
01/21
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how much more are you willing to invest in mgm to make this acquisition happen >> we think since we'vered our interest in mgm, i've become if anything more positive and i started out really skeptical about investing in this area but i became as time went on, as i started to understand it i got enthusiastic about it and invested a billion dollars and since then everything i've learned both about its management and its prospects encourage me to the point where i said that if this combination happens between mgm and ntain which is primarily stock overwhelmingly a stock for stock combination that we would for those people who couldn't take stock we'd put up an additional billion dollars, investor another billion dollars or in any other words double down and have that cash be used to buy those shareholders out, so we're completely supportive of it. whether it'll happen or not is, you know, who ever knows in these things, there's no question there are two things, one is putting these two companies together, an offline player and online player to have the world's largest gaming resorts entert
how much more are you willing to invest in mgm to make this acquisition happen >> we think since we'vered our interest in mgm, i've become if anything more positive and i started out really skeptical about investing in this area but i became as time went on, as i started to understand it i got enthusiastic about it and invested a billion dollars and since then everything i've learned both about its management and its prospects encourage me to the point where i said that if this...
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Jan 4, 2021
01/21
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BLOOMBERG
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really the ball is in mgm's court now.has especially asked for more information about why this makes sense and it is all being dragged out. alix: with analysts weighing in on this, do we know what the magic number could be in terms of valuation? thomas: really good question. i have not seen a magic number. athink guy mentioned earlier report likening it to the valuation of draftkings, the , that would put this deal 30% or 40% higher. draftkings is not exposed to the european market, which is highly regulated. prospects,r growth so probably could not demand -- it is not a pure growth company like that. guy: you mentioned a could smoke out other potential bidders. any names? thomas: there are other big u.s. operators. i would not want to drag any names into this, but some have not necessarily done these transatlantic partnerships. the ones you already have, bid.rs, has flutter has bought stars group in canada. there are other operators, las vegas. private equity has shown itself to be interested in this market and apollo in
really the ball is in mgm's court now.has especially asked for more information about why this makes sense and it is all being dragged out. alix: with analysts weighing in on this, do we know what the magic number could be in terms of valuation? thomas: really good question. i have not seen a magic number. athink guy mentioned earlier report likening it to the valuation of draftkings, the , that would put this deal 30% or 40% higher. draftkings is not exposed to the european market, which is...
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Jan 4, 2021
01/21
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he's done unbelievable sports stuff lately >> i mention it because it gets me to this mgm deal.see this in the uk >> yes, that's exactly yes. you saw it for what it is. gambling. >> you are following closely that i'm just starting to get on to which is the growth of sports betting throughout this country where more and more states are legalizing it and online gaming where you're not thought to get as many states onboard but certainly a decent total addressable market people talking about a $30 billion market here in the u.s. for sports betting alone, jim. then you add in gaming worldwide and sports betting you know, who knows. $200 billion opportunity and we have all the major companies getting involved mgm the latest they had tried once before to buy this entain at 12.85 and came back at 0.6% of their shares let's call it 13.75 and they're saying 13,83 for entain. they confirmed they received the offer and you can see what the premium was. they are the only potential buyer because they have the jv in the u.s. that excludes any interest because it does include to reject potentia
he's done unbelievable sports stuff lately >> i mention it because it gets me to this mgm deal.see this in the uk >> yes, that's exactly yes. you saw it for what it is. gambling. >> you are following closely that i'm just starting to get on to which is the growth of sports betting throughout this country where more and more states are legalizing it and online gaming where you're not thought to get as many states onboard but certainly a decent total addressable market people...
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Jan 19, 2021
01/21
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CNBC
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about this last week they mgm, sports betting we talked about the growth here andover seas mgm says -ve to tell everybody everything there's no negotiation or not a lot that happens outside the light of day of a press release. they say after careful reflection regarding mgm's all stock rejected proposal and exchange rate of .6, it does not intend to submit a revised proposal and will not make a firm offer for entain. the price expectations that. went up to 13 bnt 5. what i hear is they're disciplined buyers and these guys had price expectations that were higher than had been perhaps anticipated. it doesn't mean the deal won't get done down the road they have a joint venture which acts as a poison pill for mgm. no other bidder. it's either mgm or nothing given the joint venture. however, it's not going to happen today bear diller very much involved in leading the charge for mgm. aic the largest single shareholder. diller was going to step up and buy stock under any new deal with new money but that's not going to happen he's all in in sports betting. >> we'll get to you tomorrow when he
about this last week they mgm, sports betting we talked about the growth here andover seas mgm says -ve to tell everybody everything there's no negotiation or not a lot that happens outside the light of day of a press release. they say after careful reflection regarding mgm's all stock rejected proposal and exchange rate of .6, it does not intend to submit a revised proposal and will not make a firm offer for entain. the price expectations that. went up to 13 bnt 5. what i hear is they're...
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Jan 22, 2021
01/21
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BBCNEWS
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one thing that is interesting that i have been thinking about, mgm, the hollywood studio behind the bondt in the past but put off by the price tag. say they were to buy mgm this time, one of those big services, they would then have all of the bond films to stream, who is to say they would not then bring the bond film and extreme no time to die possibly over the summer? just one potential scenario at the moment. but it is currently scheduled for an october released. == is currently scheduled for an october released. -- release. for now- _ october released. -- release. for now. thank _ october released. -- release. for now. thank you _ october released. -- release. for now. thank you very - october released. -- release. | for now. thank you very much. president biden has called repeatedly in recent days for all americans to help unify the country. but how challenging will it be to bring people together after what was such a polarising election? we've been speaking to two teenagers from opposite ends of the political spectrum — to find out how the next generation of americans sees the situa
one thing that is interesting that i have been thinking about, mgm, the hollywood studio behind the bondt in the past but put off by the price tag. say they were to buy mgm this time, one of those big services, they would then have all of the bond films to stream, who is to say they would not then bring the bond film and extreme no time to die possibly over the summer? just one potential scenario at the moment. but it is currently scheduled for an october released. == is currently scheduled for...
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Jan 4, 2021
01/21
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deal, they offer from mgm got announced this morning.eals will be coming into the new year. companies still want to do deals, private equity firms still have a ton of dry powder and have been searching for --ls as well as the new matt: thanks so much for joining us. anna: thank you for bringing us the update. next on the program, brussels edition. this is bloomberg. ♪ the: welcome back to european market open, 30 minutes into your equity trading session. the first of 2021. broadly, 1.6 percent higher on the ftse, the cac and dax higher. the cac, up over 1%. travel and leisure the best-performing sector. healthy moves higher in london but in tizzy travel and leisure, at least hopefully as we look ahead to 2021. we are the top stories covering this morning, opec-plus is warning of risks to the oil market from a resurging coronavirus. the alliance is meeting today to decide whether it can continue to restore crude supply without hitting the price recovery. yesterday, several countries sounded cautious about increasing production. nancy pelo
deal, they offer from mgm got announced this morning.eals will be coming into the new year. companies still want to do deals, private equity firms still have a ton of dry powder and have been searching for --ls as well as the new matt: thanks so much for joining us. anna: thank you for bringing us the update. next on the program, brussels edition. this is bloomberg. ♪ the: welcome back to european market open, 30 minutes into your equity trading session. the first of 2021. broadly, 1.6...
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Jan 22, 2021
01/21
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mgm said it would delay the release of "no time to die."s get confusing because they all almost have the word die in them there's "to die another day," there's, i don't know, have i not seen this? and then they made "thunder ball" twice, and so it's confusing. anyway, what a ride, if you own the rights to those novels they never get old, do they? the latest installment, though, is now delayed won't be released until october. it won't be released until october, had been april. i love that daniel craig says i'm not doing anymore, and then they go, how much does he got now, 15 million, sorkin, do you keep track of that i'm not doing it more than that, i think. >> i think it's 20 i'm going to get you the numbnumber it's at least 20. >> he's a good one they're not all created equal. he's a good one. >> i'll tell you, i'll go see any of them. just about any of them, maybe not roger moore, but i would go see these movies, and you would too, joe, even though you're complaining it's the same movie. >> i wasn't a big pierce brosnan guy. >> i loved pi
mgm said it would delay the release of "no time to die."s get confusing because they all almost have the word die in them there's "to die another day," there's, i don't know, have i not seen this? and then they made "thunder ball" twice, and so it's confusing. anyway, what a ride, if you own the rights to those novels they never get old, do they? the latest installment, though, is now delayed won't be released until october. it won't be released until october, had...
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Jan 8, 2021
01/21
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. ♪ >>> we're back unusual activity pete >> yeah, scott i'm going to start off with mgm.er in the week they were buying the january 31 strike calls. today they're buying the january 31 strike calls. it's pretty aggressive because they bought over 7,000 of these calls, around 75 cents at the time stock was below 31 it only takes a little bit of movement for these to actually start to move to the up side they're already starting to move to the up side, scott. maybe there's a little bit more. i'll be in in for at least the next couple of weeks we usually see wynn abtd othnd r names but mgm is a little more unusual for us secondly, the materials space, it's been u.s. steel, it's been just about every one of those different names in the material space. vale hit on multiple occasions but today they're buying february 19 calls, they bought 39,000 of these calls. aggressive positioning there as well i'll be in those i added to an already position i already had that we've seen in the past this is another case where i think we can continue to roll up to the oup siup side. the mater
. ♪ >>> we're back unusual activity pete >> yeah, scott i'm going to start off with mgm.er in the week they were buying the january 31 strike calls. today they're buying the january 31 strike calls. it's pretty aggressive because they bought over 7,000 of these calls, around 75 cents at the time stock was below 31 it only takes a little bit of movement for these to actually start to move to the up side they're already starting to move to the up side, scott. maybe there's a...
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Jan 4, 2021
01/21
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owner,mgm pursuit of the bid.gher than that dow jones says the new bid comes with backing from mgm shareholdereractive. china stock office, -- box office record $83 million amid signs the movie market is bouncing back. the highest day since records began in 2011, according to ticketing site entertainment. china's boxway, office revenue dropped to $2.8 billion last year but still top u.s. takings. rishaad: a quick look at general market moves, seeing markets stock lies movingto the--seeing stock markets moving to the upside. the kospi up 2% the clear later. -it had weakness- leader. the tokyo market was one of those falling back. git malaysia market, the ring has strengthened relative to the dollar. looking elsewhere at other asset classes, seeing moves. palm oil moving to the upside. 2.1% up.il 6.6ap for the philippines, basis points to enter yourself against philippine debt. in the next hour of bloomberg markets, a look at what this year may have in store for the global economy. we are going to do that with ocbc bank selena lang, getting her views as to the way she had her bank seat markets h
owner,mgm pursuit of the bid.gher than that dow jones says the new bid comes with backing from mgm shareholdereractive. china stock office, -- box office record $83 million amid signs the movie market is bouncing back. the highest day since records began in 2011, according to ticketing site entertainment. china's boxway, office revenue dropped to $2.8 billion last year but still top u.s. takings. rishaad: a quick look at general market moves, seeing markets stock lies movingto the--seeing stock...
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Jan 21, 2021
01/21
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>> i like mgm. some guy downgraded penn matt to the sell and he has been overrun by buyers. i don't think they're done it's my favorite, my fraf at -- favorite at 3 or 20. john >> caller: hey, john in new york i hope you're staying positive while testing negative. >> that's what i'm trying to do. i don't want to be one of the bloom mongerers that doesn't help anybody i'm looking at bed bath & beyond, look at that thing what's going on? >> caller: okay, i have a sector related stock specific question. basically the one thing that the democrats and republicans agree on is that we need strong middle class jobs throughout the country to get ourselves out of the debt that we're incurring and that we already have incurred >> true. >> caller: basically, that means stimulus and not stimulus, excuse me, infrastructure within the stimulus package now, ever since the three days prior to the president -- the new president and the administration leading up to their taking over and since they have taken over, specifically, they have re -- resaid that. >> okay. so what stock are you thinki
>> i like mgm. some guy downgraded penn matt to the sell and he has been overrun by buyers. i don't think they're done it's my favorite, my fraf at -- favorite at 3 or 20. john >> caller: hey, john in new york i hope you're staying positive while testing negative. >> that's what i'm trying to do. i don't want to be one of the bloom mongerers that doesn't help anybody i'm looking at bed bath & beyond, look at that thing what's going on? >> caller: okay, i have a...
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Jan 12, 2021
01/21
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FBC
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yesterday, the washington nationals announced a partnership with bet mgm.ave partnerships, too. the partnership is to open a sportsbook in the baseball arena, national park. would you consider allowing a sportsbook in your nhl arenas? >> actually, it's really more like a sports bar where you can bet. the washington capitals in verizon center have a similar situation to that. i think our clubs and the league have been very responsive to the fact that sports betting has been legalized in many jurisdictions now and we're building relationships, we're working collaboratively with some of the sportsbooks to promote for them what they're doing and to give our fans another connection point to our game. all the leagues are doing it and all the clubs in all the leagues are really focused on doing it as well. it's just the reality of where we're living and it's a function of the fact whatever your position may have been on sports betting a couple of years ago, once the supreme court invalidated pass [ inaudible ] it became the new reality, whether it's mgm or fanduel
yesterday, the washington nationals announced a partnership with bet mgm.ave partnerships, too. the partnership is to open a sportsbook in the baseball arena, national park. would you consider allowing a sportsbook in your nhl arenas? >> actually, it's really more like a sports bar where you can bet. the washington capitals in verizon center have a similar situation to that. i think our clubs and the league have been very responsive to the fact that sports betting has been legalized in...
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Jan 4, 2021
01/21
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LINKTV
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they have rejected aroposed takeover from mgm resorts.he cup and he said the $11 billion offer from the u.s. casino operator undervalue their business. online betting has gotten a boost undercoat would resurgence. the u.s. -- boost undercoat restrictions. -- boost under covid restrictions. as you can see there, part of the expansion we are seeing the ganley sector in the u.s., as result -- the gambling sector in the u.s.. host: today's focus report takes us to one of europe's hardest hit countries. since the outbreak first hit italy, and particularly the north, thousands of people have headed south to work in the towns and villages where they were born and raised. this trend even has a name, and it is called in italy, aptly, the south working bureau. here is a report from sicily. reporter: the usual morning ritual. marco gets his laptop, phone, charger, and earphones ready for the day. he's a manager in a multinational financial services company in milan. he decided to leave the company at the end of the first lockdown in spring. his plan
they have rejected aroposed takeover from mgm resorts.he cup and he said the $11 billion offer from the u.s. casino operator undervalue their business. online betting has gotten a boost undercoat would resurgence. the u.s. -- boost undercoat restrictions. -- boost under covid restrictions. as you can see there, part of the expansion we are seeing the ganley sector in the u.s., as result -- the gambling sector in the u.s.. host: today's focus report takes us to one of europe's hardest hit...
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Jan 1, 2021
01/21
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and over the years, they've built big accounts with companies like the coffee bean, mgm, and caesarsntertainment. ana: we've got to make sure that we send quality stuff. they're unhappy because we didn't catch it. lemonis: but a recent drop in sales has left the company with a serious cash crunch. ana: i do apologize. the order will be going out. we don't have an exact date yet. lemonis: bills are now going unpaid, orders are getting delayed, and with every passing day, gilbert and ana find themselves deeper in the hole. about a year-and-a-half ago, i invested in another family furniture manufacturing business -- grafton furniture, located in miami. since that time, the business has grown by about 50%. with their focus on residential furniture and pacific's on commercial furniture, i think they'd make a perfect match. hi, there. woman: hello. lemonis: is ana here? woman: let me go get her. lemonis: let her know marcus is here. woman: okay. lemonis: thank you. i didn't really understand when i walked into pacific, why i was seeing residential furniture. i thought this was a hospitalit
and over the years, they've built big accounts with companies like the coffee bean, mgm, and caesarsntertainment. ana: we've got to make sure that we send quality stuff. they're unhappy because we didn't catch it. lemonis: but a recent drop in sales has left the company with a serious cash crunch. ana: i do apologize. the order will be going out. we don't have an exact date yet. lemonis: bills are now going unpaid, orders are getting delayed, and with every passing day, gilbert and ana find...
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Jan 4, 2021
01/21
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BBCNEWS
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mgm resorts — the us casino company — has made a bid to buy the owner of british bookmaker ladbrokesof us billionaire mogul barry diller‘s iac group, that's according to newpaper reports. entain has more than three thousand betting shops under the ladbrokes and coral brands and has a market value of about $9 billion. martay reemac has been called ‘europe's answer to elon musk‘. but why would anyone want to build an electric supercar in croatia, a country with little car industry to speak of? his firm is not only successful, it's branched out from high performance vehicles into making parts for porsche and hyundai. theo leggett caught up with him and began by asking why he's working in what — on the face of it — are two rather different businesses. we kind of stumbled into it. i started a company ten years ago ina started a company ten years ago in a country that didn't have a car industry and no investors or government support and so on. in the early days in the company, it was hard for us and we we re company, it was hard for us and we were struggling. i wanted to build a car, that
mgm resorts — the us casino company — has made a bid to buy the owner of british bookmaker ladbrokesof us billionaire mogul barry diller‘s iac group, that's according to newpaper reports. entain has more than three thousand betting shops under the ladbrokes and coral brands and has a market value of about $9 billion. martay reemac has been called ‘europe's answer to elon musk‘. but why would anyone want to build an electric supercar in croatia, a country with little car industry to...
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Jan 22, 2021
01/21
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BBCNEWS
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why this has been done is because ofjames bond's international appeal, the fact that mgm who have madegoing to streaming now, like wonder woman, and coming to america, the sequel with eddie murphy which is coming to amazon later. but the production companies have decided it is important to keep bond as a cinematic expense. this is not a one—off movie, it is a franchise that has been going on for 60 years and they want to protect james bond as a cinema going experience for the future. if it went straight to streaming, they would be seen as demeaning its likely but it is costly, there is word that mgm could be losing up to $1 million a month every time this is delayed.- every time this is delayed. colin, thank ou every time this is delayed. colin, thank you very — every time this is delayed. colin, thank you very much. _ every time this is delayed. colin, thank you very much. colin i every time this is delayed. colin, i thank you very much. colin paterson, there. astronomicalfigures. uk government borrowing was the highest for any december on record last month, according to new figures f
why this has been done is because ofjames bond's international appeal, the fact that mgm who have madegoing to streaming now, like wonder woman, and coming to america, the sequel with eddie murphy which is coming to amazon later. but the production companies have decided it is important to keep bond as a cinematic expense. this is not a one—off movie, it is a franchise that has been going on for 60 years and they want to protect james bond as a cinema going experience for the future. if it...
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Jan 22, 2021
01/21
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KGO
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. ♪ >>> waiting to get back into theaters, mgm is delaying the latest bond film, "no time to die," forhe third time because of the pandemic. the april release date has been pushed back to october. >>> a former technician for the adt home security company in texas has been charged with hacking accounts and watching customers in their homes. authorities say the 35-year-old admits gaining access to cameras of 200 customers over a four-year period. they say he kept track of homes with attractive women watching them sleep and undress. he now faces up to five years in prison. to protect yourself, experts say change your passwords often. >>> we turn now to a lottery mystery in one small town where someone is holding a $731 million powerball ticket. abc's andrea fujii explains why we may never know the big winner. >> reporter: welcome to lonaconing, maryland, population, 1,200. locals call their town coney. they've hit hard times in recent years. jobs are scarce in this former coal mining town, and the local paper mill recently shut down, but the coney market is bustling. >> you can see with m
. ♪ >>> waiting to get back into theaters, mgm is delaying the latest bond film, "no time to die," forhe third time because of the pandemic. the april release date has been pushed back to october. >>> a former technician for the adt home security company in texas has been charged with hacking accounts and watching customers in their homes. authorities say the 35-year-old admits gaining access to cameras of 200 customers over a four-year period. they say he kept...
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Jan 8, 2021
01/21
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BLOOMBERG
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morgan stanley -- on mgm china shares to underweight. hong kong brokerages on the watch. a rebound in the space. h shares are attractive. radar on as on the report that beijing regulators may suspend it from conducting business if it cannot finalize plans to dispose of risky assets. shanghai -- let's get a quick check on how our futures are looking at the moment. after we saw the s&p 500 finish at another record high. gainers.s big yields are rising. we saw the taiwan dollar inching its strongest level 23 years. chinese futures ended the session higher. the yuan is yuan -- trading at its highest premium since the fixing in november. tvdi: coming up on bloomberg totephen will be joining us discuss these growing tensions between the u.s. and china as joe biden prepares to take office. will foreign policy with china change? and we will have more information on chinese telcos getting delisted in the u.s. there is continued confusion. that is it from daybreak: asia. our market coverage will continue in asia. markets: china open is next. this is bloomberg. ♪ >> it is now 9:00 a
morgan stanley -- on mgm china shares to underweight. hong kong brokerages on the watch. a rebound in the space. h shares are attractive. radar on as on the report that beijing regulators may suspend it from conducting business if it cannot finalize plans to dispose of risky assets. shanghai -- let's get a quick check on how our futures are looking at the moment. after we saw the s&p 500 finish at another record high. gainers.s big yields are rising. we saw the taiwan dollar inching its...
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mgm has until next month to make a formal bid or walk away. take a look at mgm in premarket.any, stock is down more than a quarter percent. roku in talks by the content catalog, failed short casting firm. episodes less than ten minutes features big stars, liam hemsworth. up almost 4% right now. new york stock exchange announcing they will delist 3 chinese companies to comply with executive order issued back in november citing company's ties to military. now, this move is mainly symbolic gesture with the majority of each companies trading taking place in hong kong market. final this, jeopardy is said to air alex trebeks's show, he passed away in november from pancreatic cancer and was 80 year's old when he died. the show will start airing episodes on january 11th and there will be many more to follow. dagen, those are your headlines. dagen: thank you so much, cheryl. balance of power in the u.s. senate up for grabs this week in tomorrow's all important senate runoff races. david perdue and kelly fighting to keep their seats, record 3 million voters have cast early ballots in t
mgm has until next month to make a formal bid or walk away. take a look at mgm in premarket.any, stock is down more than a quarter percent. roku in talks by the content catalog, failed short casting firm. episodes less than ten minutes features big stars, liam hemsworth. up almost 4% right now. new york stock exchange announcing they will delist 3 chinese companies to comply with executive order issued back in november citing company's ties to military. now, this move is mainly symbolic gesture...
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Jan 3, 2021
01/21
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BLOOMBERG
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dow jones says the bid comes with backing from the top mgm's shareholder.the next hour, we discussed the outlook for the global economy with commonwealth bank. a chief economist expects the u.s. and china to lead a solid recovery. we will see what he expects -- what he think's of the chinese economy. the market open in sydney is next. this is bloomberg. ♪ ♪ haidi: good morning, we are counting down to asia's major market open. kathleen: welcome to "daybreak: asia." our top stories this hour -- new year, new highs, stocks entering 2021 at records. whilellar is drifting sterling weakens on lockdown fears. the
dow jones says the bid comes with backing from the top mgm's shareholder.the next hour, we discussed the outlook for the global economy with commonwealth bank. a chief economist expects the u.s. and china to lead a solid recovery. we will see what he expects -- what he think's of the chinese economy. the market open in sydney is next. this is bloomberg. ♪ ♪ haidi: good morning, we are counting down to asia's major market open. kathleen: welcome to "daybreak: asia." our top stories...
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Jan 4, 2021
01/21
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CNBC
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mgm resorts and then online gaming which, you know, it's on fire. really is.h gaming company entain owner of the british owned ladbrooke's. received the $11 billion takeover proposal but significantly undervalues the company and entain previously rebuffed a $10 billion offer the "wall street journal" reports that the mgm's bid has the financial backing from its largest shareholder iac. which has been pushing to expand mgm's online gambling business. andrew >> okay. thanks, joe. >>> a lot more coming up this morning. the balance of the senate of course now hanging on tomorrow's runoff election in georgia we'll tell you what the outcome to mean. president-elect biden's first 100 days in office, that straight ahead as we head to break, check out shares of samsung electronics gaining smg january 13th earlier than the typical february release "squawk" returns with that and more in just a moment. i made a business out of my passion. i mean, who doesn't love obsessing over network security? >> announcer: executive edge sponsored by -- i just don't have the bandwidth
mgm resorts and then online gaming which, you know, it's on fire. really is.h gaming company entain owner of the british owned ladbrooke's. received the $11 billion takeover proposal but significantly undervalues the company and entain previously rebuffed a $10 billion offer the "wall street journal" reports that the mgm's bid has the financial backing from its largest shareholder iac. which has been pushing to expand mgm's online gambling business. andrew >> okay. thanks, joe....
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Jan 6, 2021
01/21
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it own 7.5% of mgm china and is targeting a leisure company for that state. executive at louis vuitton is set to take over the management of tiffany after the biggest luxury deal ever. lvmh -- after winning shareholder approval. louis vuitton's anthony will lead the jeweler. shery: we are headed to the open in japan and south korea. let's turn to sophie again for what to watch. japan and south korea, we are watching reflation that may arise, a blue wave claiming the senate. infrastructure players like yundai engineering -- h engineering and focus. the conglomerate agreed to invest $1.5 billion in our fuel-cell maker. boosts in a bid to hydrogen a nation as we are seeing a move towards clean energy in government policy and as companies focus more on that space so again, reflation very much the name of the game this thursday in asia. haidi. out, much more reaction to those events in washington. we will get the view from our guest, the former staff director for the senate foreign relations committee. we will of course also have the market opens coming up in seou
it own 7.5% of mgm china and is targeting a leisure company for that state. executive at louis vuitton is set to take over the management of tiffany after the biggest luxury deal ever. lvmh -- after winning shareholder approval. louis vuitton's anthony will lead the jeweler. shery: we are headed to the open in japan and south korea. let's turn to sophie again for what to watch. japan and south korea, we are watching reflation that may arise, a blue wave claiming the senate. infrastructure...
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Jan 14, 2021
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and what he has done and mgm's move on that u.k.eems to be the growth area for so many of these company, and as opposed to gaming, sports betting is seen as something that will pass in most state legislatures >> well, david, that's between robin hood and david portnoy, the merry men will go with david when it comes to the super bowl. they will be betting on green bay. >> so you've already made a prediction. >> yes absolutely >> i like green bay. its price to sale is good. it is undervalued. versus snowflake >> carl? >> busy between the game and hosting jeopardy, guys jim, we mentioned petco before the break. 48 million shares at 18. above the rage of 14 to 17 we know how you feel about stocks and pets and the pet food business woof >> i think that this is going to be 14 to 15 times overdescribed, and should open up guy grantcally and why not you have a ceo that did great things at hp, they loved him and before that, did great things at pepsico. and ron is one of those guys who knows how to digitize, and they have a guy who has a tec
and what he has done and mgm's move on that u.k.eems to be the growth area for so many of these company, and as opposed to gaming, sports betting is seen as something that will pass in most state legislatures >> well, david, that's between robin hood and david portnoy, the merry men will go with david when it comes to the super bowl. they will be betting on green bay. >> so you've already made a prediction. >> yes absolutely >> i like green bay. its price to sale is...
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Jan 4, 2021
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amid expectations that the group will cap the output at current levels >>> a bit of deal news for you mgm resorts launched an $11 billion takeover bid for ladbrokes owner entain >>> coming up on the show, president trump continues to try and overturn the results of the presidential election urging one state official to find the votes. more on that in just a few moments. direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized that we needed a way to supplement our income. our friends sold their policy to help pay for their medical bills and that got me thinking. maybe selling our policy could help with our retirement. i'm skeptical, so i did some research and called coventry direct. they explained life insurance is a valuable asset that can be sold. we learned that we can sell all of our policy or keep part of it with no future payments, who knew? we sold our policy. now we can relax and enjoy our retirement as we had planned. if you have one hundred thousand dollars or more of life insurance you may qualify to sell your policy. don't cancel or
amid expectations that the group will cap the output at current levels >>> a bit of deal news for you mgm resorts launched an $11 billion takeover bid for ladbrokes owner entain >>> coming up on the show, president trump continues to try and overturn the results of the presidential election urging one state official to find the votes. more on that in just a few moments. direct to learn more. we thought we had planned carefully for our retirement. but we quickly realized that...
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Jan 6, 2021
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mgm, 53% and that's before cuomo, who has that huge population, and for the time being anyway, to perhapseveral months into the future, an awful lot of that will be, you know, trading from home and gaming from home. so, i love this play obviously, dave portinoy loves this play. my favorite in the space is penn i think people miss out on cesar's for this as well, scott, and that's one to keep your eye on it's up 54% just in the last 45 days >> big, big gains there today. doc, thank you for that. let's -- i should also let you know the dow right now is at the highs of the day, better than 536 points not all that far away from dow 31,000 man, 75 points or so we'll keep our eyes on that. sue herera has the other headlines for us >> hi, scott here's what's happening at this hour the votes are still being counted in two georgia senate runoff races, which will decide the senate majority. nbc news has declared democrat raphael warnock the apparent winner against incumbent kelly loeffler however, the second race between republican senator david perdue and jon ossoff remains too close to call. >>>
mgm, 53% and that's before cuomo, who has that huge population, and for the time being anyway, to perhapseveral months into the future, an awful lot of that will be, you know, trading from home and gaming from home. so, i love this play obviously, dave portinoy loves this play. my favorite in the space is penn i think people miss out on cesar's for this as well, scott, and that's one to keep your eye on it's up 54% just in the last 45 days >> big, big gains there today. doc, thank you for...
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bought wynn, i bought wynn, i bought melco crown, play in china, not in the united states and i also own mgm, draft kings and penn i own a couple of the airlines, they work. cruise lines so if you're just doing it now, are you going to get hammered for it i don't think so i think you'll do fine but i think the doubling, the 2x, has already come through scott. that was when you buy them when there was that blood in the streets still when people were so concerned as we get the roll-out of the vaccines they'll be steadier and you'll be able to do what tiffany said you already know i like saber, which is a lot of the software behind a lot of the booking programs and things like that, whether it's for rental cars, airlines, hotels, all that kind of stuff i think that trade works but i think that the tough decision was several months ago, the easier decision now that we've got the rollout of the vaccines with more to come obviously not just mrna, storor scott, with johnson & johnson and astrazeneca, that's going to make it a lot better and quicker. the reason we had such a slow rollout was i think
bought wynn, i bought wynn, i bought melco crown, play in china, not in the united states and i also own mgm, draft kings and penn i own a couple of the airlines, they work. cruise lines so if you're just doing it now, are you going to get hammered for it i don't think so i think you'll do fine but i think the doubling, the 2x, has already come through scott. that was when you buy them when there was that blood in the streets still when people were so concerned as we get the roll-out of the...
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Jan 22, 2021
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for about, check your watch an hour and a half, and it is not the expected names like draft kings and mgm and contessa brewer is going to join with us that story. contessa >> yes, michigan law mobile, and not just sports betting, but igaming. they issued 10 licenses and some of them not just brick and mortar, but tribal as well. i wanted to mark wynn's entry here, and they are now live in three states after an $80 million investment last fall in bet bowl, and like the competitors they are applying for licenses elsewhere like virginia and sport betting launched live there yesterday but only by fandual who got the partnership with the washington football team, and this like the wild west and the stake your climb with the them thar hills, and with me is the ceo of penn gaming, and so i am looking at the stock here, jay, and it is up almost 330% over the last 12 month, so do you still think that there is gold in them thar hills? >> well, contessa, we launched as andrew said in michigan and this is state two for us at pen, and barstool sports, and so we are in the first inning and celebrating
for about, check your watch an hour and a half, and it is not the expected names like draft kings and mgm and contessa brewer is going to join with us that story. contessa >> yes, michigan law mobile, and not just sports betting, but igaming. they issued 10 licenses and some of them not just brick and mortar, but tribal as well. i wanted to mark wynn's entry here, and they are now live in three states after an $80 million investment last fall in bet bowl, and like the competitors they are...
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mgm just got rejected in its attempt to buy the uk outfit and parent of that company, then you alreadyave william hill bought by caesars s. what if somebody wants to buy thescore? >> you have to talk to them about stuff like that. what we concentrate on is really the unique approach. you really nailed it at the beginning. digital sports media company, you talked about our success in terms of the digital landscape second only to espn basically in terms of mobile apps, but the whole introduction of sports betting was done differently with us. it wasn't a separate app. well, it is a separate app because you got to get licensed that way, but the whole idea was to make it easy for the end user, integrate sports betting into the media experience. and you know, that's what a lot of these mega-mergers are trying to achieve. you got the betting companies on one side, the media companies on the other. you have seen the numbers with respect to sports on traditional legacy broadcasting. unfortunately, it's diminishing. whereas in the digital landscape it's going up. i think part of the reason the
mgm just got rejected in its attempt to buy the uk outfit and parent of that company, then you alreadyave william hill bought by caesars s. what if somebody wants to buy thescore? >> you have to talk to them about stuff like that. what we concentrate on is really the unique approach. you really nailed it at the beginning. digital sports media company, you talked about our success in terms of the digital landscape second only to espn basically in terms of mobile apps, but the whole...
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Jan 22, 2021
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james bond film has been delayed for now a third time "no time to die" was set to open on april 2nd mgmease date to october. t originally slated for april of 2020 and delayed because of the pandemic now black widow and two fast and furious movies set for may fingers crossed. >>> mcdonald's is throwing back to 1985, throw back deals where every thursday customers can place an order in the app to get items like cheese burgers and shakes for $0.35 or less can't get much these days for $0.35. the prices are a throwback to their finding in 1955. customers do also have to purchase another item of at least $1 the offer goes until february 18th, a week before the chain drops a new crispy chicken sandwich. >>> you can get wine delivered from american airlines that airline has so much leftover wine that they're launching a new wine delivery subscription for $99 a month the company hopes the program will bring in 40 to $50,000 in sales in the first three months of the year, dom >> such sense, right, if people aren't flying, there's all of this inventory that they have. they need the cash these day
james bond film has been delayed for now a third time "no time to die" was set to open on april 2nd mgmease date to october. t originally slated for april of 2020 and delayed because of the pandemic now black widow and two fast and furious movies set for may fingers crossed. >>> mcdonald's is throwing back to 1985, throw back deals where every thursday customers can place an order in the app to get items like cheese burgers and shakes for $0.35 or less can't get much these...
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bally's up, churchill and mgm is popping.tech provider for multiple gaming providers like churchill downs, fanduel and wynn it just launched on the nasdaq last year. it's up almost 12% today the ceo told me today gan has multiple clients with market access in place for new york he says the opportunity in expanded tax revenue for the state would come from legalizing i ga igaming. that's casino gaming you can play on your phone that's where the real growth potential is here. >> for new york, they have to balance that between their need to support the casinos as well quick comment on that, contessa? >> cuomo says he's not doing this to make money for the casinos. he says, you know, we may have to look at this like the way other states run sports gambling through their lotteries. and we've had analyst notes out on that today already. carlos from deutsche bank was pointing out there are three other states that run sports gambling through their lottery that would be bad news for the casinos. in the meantime, you have the governor's
bally's up, churchill and mgm is popping.tech provider for multiple gaming providers like churchill downs, fanduel and wynn it just launched on the nasdaq last year. it's up almost 12% today the ceo told me today gan has multiple clients with market access in place for new york he says the opportunity in expanded tax revenue for the state would come from legalizing i ga igaming. that's casino gaming you can play on your phone that's where the real growth potential is here. >> for new...
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you see caesars, buying william hill mgm made an offer for -- penn bought bar stools we had launched you are seeing a lot of traditional brick and mortar companies trying to figure out a digital strategy and again we've been at this for a while. so, you know, we're excited about that >> all right, i happen to be fascinated by your industry. but i have a co-host who happens to live this and he may have smarter questions than i do. given that he is -- i'm not going to call joe an addict, but joe is there something we should know about this? this space >> just keep the bets -- i feel okay about it even though i lose by i only do five dollars. and that way, greg isn't that sort of okay if i can handle that? i mean there are other things -- i spend money on other things for entertainment. okay i don't want to go into specifics. but if that is what it cost me and i don't win. if i just don't go above $5 per game, is that okay >> absolutely. joe. the key is people should bet responsibly and have fun with it you know, we're a much more interested in having a long-term customer who plays with
you see caesars, buying william hill mgm made an offer for -- penn bought bar stools we had launched you are seeing a lot of traditional brick and mortar companies trying to figure out a digital strategy and again we've been at this for a while. so, you know, we're excited about that >> all right, i happen to be fascinated by your industry. but i have a co-host who happens to live this and he may have smarter questions than i do. given that he is -- i'm not going to call joe an addict,...
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Jan 6, 2021
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significant and there is an expectation, we were talking about this the other day, jim, with that potential mgm transaction, of course, there is an expectation sports betting is going to be legal on your phone, in every state in the country at some point. and, of course, back to cannabis, an expectation that with a biden administration, and a democratic-controlled senate, if that were to occur, you have a higher likelihood of getting national -- a national policy on cannabis, it being legal, and that would certainly be quite beneficial meanwhile, lots of states that are legalizing it. again, because of the revenue opportunity of doing so to the extent you can tamp down the black market completely, even better so those are both areas where states are going to be looking by the way, carl, when we talk about states, and we talk about their need for revenue, of course, if you were to have democratically -- democratically controlled senate, the likelihood they get more aid given it was not part of the last relief bill, rises as well. so maybe the $2,000 check comes back as a possibility, also state
significant and there is an expectation, we were talking about this the other day, jim, with that potential mgm transaction, of course, there is an expectation sports betting is going to be legal on your phone, in every state in the country at some point. and, of course, back to cannabis, an expectation that with a biden administration, and a democratic-controlled senate, if that were to occur, you have a higher likelihood of getting national -- a national policy on cannabis, it being legal,...
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. >> 11-billion-dollar takeover offer they said under values the company as mgm attempts to compromise west beauty business 20 million dollars, a great category expanding market globally expansion of skin care line to launch in 2022, cody higher, headlines from here back to you. >> thank you something i need to correct, the tuition at wake forest university is this year 55,000 dollars more than that including all the fees, going to cost you before -- aid more than 74,000 dollars to go to that school, my tuition was 7500 to put an exclamation point how expensive it is to go to college all eyes on georgia polls open in feature state for all-important senate runoff races a kelly loeffler, david perdue against democratic challenges raphael warnock and jon ossoff republicans need to win one set a to maintain control of the senate joining me texas congressman health appropriations committee henry cuellar. >> great to see you happy new year. dagen: happy new year what are you watching in terms of the runoff. >> i know if the turnout, like, you know, turnout is so important, we've seen hundred
. >> 11-billion-dollar takeover offer they said under values the company as mgm attempts to compromise west beauty business 20 million dollars, a great category expanding market globally expansion of skin care line to launch in 2022, cody higher, headlines from here back to you. >> thank you something i need to correct, the tuition at wake forest university is this year 55,000 dollars more than that including all the fees, going to cost you before -- aid more than 74,000 dollars to...
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why you are seen stocks on your screen that it benefited quite nicely over the last little while and mgmend with this, stuart. to bring it full-circle to your point, sports betting is illegal ligation process happens here it could bring potential $300 million in tax revenue dollars. game on. stuart: and they needed. christina, thank you indeed. they really need it. i will bring up a subject that we've been on the air now for two hours and 37 minutes and this is the first time that i've mentioned the vaccine, the virus or moderna. i'm not so that in ten months or 11 months and we always have that story but today it is in the backwater of our show even though despite what is happening look at this, moderna is up-to-date and the ceo has revealed how long their covid vaccine will protect you from the virus. we've got details on that. first mention on the show in this half-hour, violent riots on the hill were a major breach of security. how to stop it happening from again? tom homan on the show with that next. ♪ ♪ there are many names for enthusiast. but there's only one way to become one...
why you are seen stocks on your screen that it benefited quite nicely over the last little while and mgmend with this, stuart. to bring it full-circle to your point, sports betting is illegal ligation process happens here it could bring potential $300 million in tax revenue dollars. game on. stuart: and they needed. christina, thank you indeed. they really need it. i will bring up a subject that we've been on the air now for two hours and 37 minutes and this is the first time that i've...