MGM CEO James Murren tips off where the casino operator may find new revenue in an earnings CC,...

|About: MGM Resorts International (MGM)|By:, SA News Editor
MGM CEO James Murren tips off where the casino operator may find new revenue in an earnings CC, saying the company is positioning itself to capitalize on legalized online poker. He says Congress is considering proposals and argues "technology has matured to a point where Internet poker can be appropriately regulated." MGM has reached a deal with bwin.party to provide the back-end of an online poker platform should favorable legislation be passed. Shares are flat in AH trading.