\nBloomberg) \u2014 MGM Resorts International, the largest operator of casinos on the Las Vegas Strip, is considering investing in fantasy sports leagues, Chief Executive Officer Jim Murren said.<\/p>\n
\tThe company, based in Las Vegas, plans discussions with regulators in states where it operates to make sure such a move would be legal, Murren said today at the Global Gaming Expo.<\/p>\n
\tMGM Resorts already sponsors fantasy sports events and has been incorporating elements into its slot machines, he said. Sports betting is a growing part of the casino business, and fantasy sports leagues are also gaining in popularity, he said. Murren said his wife, \u201cwho knows nothing about sports,\u201d recently joined a fantasy football league.<\/p>\n
\t\u201cIt\u2019s obvious what\u2019s happening,\u201d Murren said. \u201cThe more we get this out in the open, the more people understand this is a very healthy, fun way to entertain oneself.\u201d<\/p>\n
\tIn addition to expanding its sports betting in casinos, MGM Resorts is building a third arena in Las Vegas for events and seeks to expand sports betting in states where it\u2019s not currently allowed, Murren said.<\/p>\n
\tMGM rose 2.8 percent to $22.78 at the close in New York time. The stock has declined 3.1 percent this year.<\/p>\n
No replies were posted for this topic.<\/p>\n","protected":false},"excerpt":{"rendered":"
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