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    Diller’s People Inc rescinds MGM takeover bid as operator commits to standalone strategy

    Diller’s People Inc rescinds MGM takeover bid as operator commits to standalone strategy

    Barry Diller's People Inc. has rescinded its takeover bid for MGM Resorts, as the operator commits to a standalone strategy. MGM shares experienced a decline following the initial offer in June.

    Summary based on reporting by iGaming Business, which retains all rights to its text and images.

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    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat posts 13% earnings growth for 2025/2026 FY, returns $1.29 billion to shareholders

    Aristocrat Leisure Limited reported a 13% increase in normalized earnings per share before amortization (EPSA) in constant currency for the 2025/2026 financial year ended September 30, 2026. The Australian gaming company generated normalized net profit after tax and amortization (NPATA) of A$1.58 billion. During the period, Aristocrat returned approximately A$1.9 billion ($1.29 billion) to shareholders through dividends and share buybacks.