The rival gaming company has shown recent interest in buying Wynn Resorts, according to a new report from the New York Post. Shares spiked as much as 3% in pre-market trading Friday. They gave most of the gains as the session trekked along. A possibility of an MGM play for Wynn was put forth weeks ago by TheStreet's founder Jim Cramer.
Wynn Resorts could be the subject of the next big blockbuster deal, Cramer said in early March.