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pechanga casino jackpots“4Q/1Q marks convention season, which is essentially non-existent, leaving MGM’s portfolio dependent on California leisure traffic.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.Last month, Barry Diller’s IAC paid billion to acquire 12 percent of MGM’s equity, sparking a rally in the stock.BetMGM is a joint venture with GVC Holdings, meaning MGM has to share the economics with its UK-based partner.These casinos were closed temporarily but have since reopened, according to Lt.That implies downside from the area at which the stock currently resides.harrah s cherokee casino property map