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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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From: Sr K8/1/2022 9:03:56 PM
   of 1991
 
ATVI and MSFT

Activision Blizzard sales and earnings fell in the second quarter, the latest indicator that pandemic-fueled growth is slowing as consumers are limiting their spending in response to record inflation.

The videogame company, which in January agreed to be acquired by Microsoft Corp. for $75 billion, recorded $1.64 billion in sales, a roughly 28% decrease from $2.3 billion in sales in 2021.

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