The Nevada Gaming Commission approved Christopher Ruffin and Sean Lanni for key executive roles in separate votes on 22 October. Ruffin was approved as a Circus Circus vice president; Lanni, who leads The Cosmopolitan of Las Vegas, Aria and Vdara, will add Park MGM to his portfolio.
The approvals establish which senior executives may serve in key roles at Nevada casino properties.
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Nevada casinos recorded $1,282,542,554 in gaming win in September 2026, according to figures released by the Nevada Gaming Control Board. The total was down 0.05% year on year, while Las Vegas Strip revenue rose 0.82% to $693.5m.
MGM Resorts chief executive Bill Hornbuckle said People Inc. withdrew its acquisition offer after it could not assemble a syndicate that met its objectives. MGM reported third-quarter 2026 revenue of $4.2bn, down 1% year on year, and a net loss of $17m; the company said it would refocus on its business.
MGM Resorts said on 29 October 2026 that takeover discussions with its largest shareholder, People Inc., had ended after People withdrew its offer of more than $18 billion in September. CEO Bill Hornbuckle said the parties had agreed on a price, but People could not assemble a syndicate that met its objectives; MGM said no transaction is currently under consideration.
MGM Resorts said it amended its voting agreement with People Inc., Barry Diller and associated entities. Subject to conditions, they must vote their MGM shares in line with the board’s recommendation in a change-of-control transaction, and their combined ownership cannot exceed 29.9%. MGM said neither party is required to pursue a transaction and none is contemplated.
MGM Resorts International entered into an agreement with People Incorporated to limit the company’s voting power, according to the report. The report links the agreement to a collapsed takeover move.