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“Our hope is that in the next few months there will be a window of opportunity where the market will be hotter and [it’s] a more interest rate friendly environment where we can go raise the money and then just put it in an escrow account,” Scheinthal said at the time.
That window Scheinthal had hoped for seems to be moving further away. Caesars’ proxy filing showed that even during negotiations in the spring, Fertitta refused to go above its $31-per-share offer “due to higher financing costs and increased macroeconomic risks”. From the end of 2025 to late April of this year, higher borrowing costs had resulted in “approximately $40 million per year in additional costs from when the process started”, the filing said.
Diller, for his part, lodged an all-cash, $48.30-per-share offer for MGM days after the Caesars deal broke. People Inc. finished Q2 with $1.1 billion in cash, but between the 74% of shares it would acquire, as well as MGM’s long-term debt of over $6 billion, some level of financing would be required. MGM appointed an independent committee to review the bid but has said nothing since.
What is Totem Towers?
The report, titled The State of VIP Operations, was compiled by The Playa in collaboration with Gaming Operations Academy and WarriorLab.
Conducted in 2026, it surveyed 70 professionals actively engaged in VIP management, including VIP account managers, heads of VIP and consultants, with 64% employed directly by gambling operators.
The report sought to understand how VIP portfolios are managed daily, how the tools are utilised and other key operational challenges.
About Totem Towers
That combinatorial structure is the real product idea. It lets a single title behave like several different bonus games depending on which crystals land. An optional setting layers on top: GO Ultra doubles every Free Spins award from seven to fourteen spins.
One notable omission for an experienced audience is the lack of a bonus buy, meaning the combined feature modes must be earned through the crystal collection system rather than purchased. That decision keeps the anticipation tied to the meters filling; it also lengthens the runway to the slot’s most rewarding states.
Triple Beasts of Fortune reflects Play’n GO’s continued reliance on high-frequency releases built on recognizable mechanical templates rather than one-off experiments. The studio has long favored feature-led iterations, and here it reworks the familiar buffalo-style expanding-reels format by making its bonus rounds combinable.