Why MGM Resorts Stock Jumped 6.7% Today

What happened 
Shares of gambling giant MGM Resorts(NYSE:MGM) jumped as much as 6.7% in trading on Wednesday as investors weighed the impact of DraftKings(NASDAQ:DKNG) potentially acquiring Entain(LSE:ENT). MGM’s online gambling business, BetMGM, is a 50-50…

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