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Technology Stocks : Activision....Returns!
ATVI 74.11-1.2%3:59 PM EDT

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From: Sr K5/19/2022 11:07:31 PM
   of 1991
 
Nevada Gambling Regulators Approve Barry Diller to Work in Casino Business

Regulators questioned the billionaire about a federal investigation into his purchases of Activision shares

Barry Diller can apply for a full license after two years.PHOTO: KEVIN DIETSCH/GETTY IMAGES

By Katherine Sayre

Updated May 19, 2022 8:26 pm ET

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Nevada gambling regulators approved on Thursday a limited license for MGM Resorts Internationalshareholder Barry Diller to work in the state’s casino industry, after questioning the billionaire about a federal investigation into his purchases of Activision Blizzard Inc. shares.

The Nevada Gaming Commission, which enforces anticorruption regulations in the state’s gambling industry, voted 4-1 to approve Mr. Diller for a two-year license while the investigation is pending, rather than granting him a full license.

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