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MGM Resorts Adds IAC Executives to Board After $1 Billion Investment

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MGM Resorts Adds IAC Executives to Board After $1 Billion Investment

MGM Resorts International (NYSE: MGM) announced it was adding IAC/InterActive's (NASDAQ: IAC) Barry Diller and Joey Levin to its board of directors after the media and tech company took a $1 billion stake in the casino operator.

IAC is particularly interested in MGM's online gambling operations, which it feels holds the biggest growth potential for the company. Diller is IAC's chairman; Levin is its CEO.

Image source: Getty Images.

Source Fool.com

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