Rumor: Caesars and MGM Merging?

The Seven Stars Insider newsletter is always chock full of interesting information. In the December edition posted last week there was a particularly interesting nugget of information that you may have missed.

MGM-Caesars Merger?
My e-mail receipt from a late-October stay at Caesars Palace came from “MGM Caesars”:
Could this be a hint of what’s to come?

I haven’t heard or read about a potential merger between MGM Resorts International and Caesars Entertainment anywhere, so I’m not sure there’s much smoke to this rumor but it’s certainly interesting to think about.

I’m not even sure that the government would allow this merger because, essentially, it would create a monopoly on the Las Vegas casino market with about 90% of the strip being owned by one company. It would also probably be considered a national monopoly, but I’m not sure of that.

It’s interesting to ponder a merger of this size, even if it may never happen.