The Nevada Gaming Commission on Thursday approved the licensing of media mogul Barry Diller as a director for the MGM Resorts International board of directors.
In a 4-1 vote — the first for new member Abbi Silver — commissioners agreed to license Diller without restrictions after approving a limited two-year license for him in May 2022.
Two years ago, Diller was recommended for approval by the Nevada Gaming Control Board, but between the time of the Control Board recommendation and final commission approval, the Securities and Exchange Commission announced an investigation into insider trading allegations against Diller, his stepson-in-law Alexander von Furstenberg and film studio executive and producer David Geffen.
Diller, appearing at Thursday’s meeting online from New York, said the timing of the purchase of stock in videogame company Activision Blizzard, which later was taken over by Microsoft Corp., was coincidental. He said he, von Furstenberg and Geffen considered Activision to be an undervalued company worthy of their investment.
Diller and his attorneys told the commission there has been no further contact from the SEC and the U.S. Justice Department about an investigation into the stock trades.
“This matter has reached the end of the map,” one of Diller’s attorneys told commissioners.
Commissioner Rosa Solis-Rainey cast the one vote against Diller’s licensing and she said during the 15-minute hearing that while she had no misgivings about Diller’s character and suitability, she preferred a conditional licensing since the SEC left the possibility of a future investigation open.
The SEC’s email to Diller’s lawyer that Diller authorized be made public says, “must in no way be construed as indicating that the party has been exonerated or that no action may ultimately result from the staff’s investigation.”
Diller is the chairman and senior executive of IAC, a holding company that owns brands across 100 countries, mostly in media and internet, and chairman and senior executive of Expedia Group. He is a former chairman and chief executive officer of several companies, including Fox and Paramount Pictures Corp. Diller also serves on the board of The Coca-Cola Company.
Contact Richard N. Velotta at rvelotta@reviewjournal.com or 702-477-3893. Follow @RickVelotta on X.
A waterfront mansion on the Nevada side of Lake Tahoe just sold for $46 million, less than three weeks after hitting the market.
The speedy deal marks a departure from the typical U.S. market.
Nationwide, homes took a median 78 days to land a buyer in January, five more than the same time last year and the 22nd straight month of homes taking longer to sell on a year-over-year basis, according to data from Realtor.com.
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The lavish log cabin-like residence, in Incline Village, listed on Jan. 24 for $47.5 million. It sold 20 days later, on Feb. 13, listing records show.
The more than 7,000-square-foot residence was built in 2014, and has double-height living spaces, walls of windows, beamed ceilings, fireplaces, and plenty of rustic exposed stone and wood, listing images show.
There’s also a gym, a wet bar, a spa, a wine room, an office, two separate game rooms, seven bedrooms and dramatic Lake Tahoe views. Outside, there’s a private sandy beach, multiple decks, a heated driveway and two exterior fireplaces, according to listing information.
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The seller and the buyer are both limited liability companies, according to property records. Both parties were represented by Jeff Brown of Tahoe Mountain Realty, who declined to comment on the deal.
The median home price in Incline Village was $1.595 million as of December, a fall of 3.3% from a year earlier, according to data from Realtor.com. Listings, meanwhile, spent an average of 130 days on the market.
Updated February 26, 2026 – 8:28 pm
click to expand photos
Green Valley’s softball team claimed an 8-6 win at Liberty on Thursday on the first day of high school spring sports competition in Nevada.
Green Valley next hosts Silverado at 3 p.m. Friday. Liberty plays at Bishop Gorman at 3 p.m. Friday.
Contact Alex Wright at awright@reviewjournal.com. Follow @AlexWright1028 on X.
LAS VEGAS (FOX5) — A deadly crash involving a semi tractor-trailer and a tow truck has closed US-95 in both directions at mile marker 73 in Nye County, the Nevada Highway Patrol said Thursday.
NHP responded to the crash at approximately 2:16 a.m. on Feb. 26, 2026.
Details about the crash were not immediately available, but both drivers were confirmed dead at the scene.
Both northbound and southbound travel lanes on US-95 at mile marker 73 remain closed as of the initial report. The closure is located approximately 13 miles north of Beatty, Nevada.
Drivers headed northbound are advised to take US-93 through Alamo, Nevada, then Highway 318 to Highway 375, then Highway 6 westbound into Tonopah, Nevada.
Drivers headed southbound out of Tonopah are advised to take US-6 eastbound to Highway 375, then Highway 318, then US-93 into Alamo, Nevada.
NHP said additional information will be released following the preliminary investigation.
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