SCGA accused LeoVegas of being an illegal online casino that formerly targeted Japanese players. SGCA claims that if this is the case, MGM would have violated articles 11 and 18 of Japan's Act on Punishment of Organized Crime.
On 31 August 2024, MGM announced that the Offer had been accepted by shareholders with a total of 63,047,289 shares in LeoVegas, corresponding to approximately 64.56 percent of the outstanding shares in LeoVegas1 , and that MGM, since the time of announcement of the Offer, had also acquired 30,400,000 LeoVegas shares2 ...