Nevada gambling regulators approved on Thursday a limited license for MGM Resorts International shareholder Barry Diller to work in the state’s casino industry, after questioning the billionaire about a federal investigation into his purchases of Activision Blizzard Inc. shares.

The Nevada Gaming Commission, which enforces anticorruption regulations in the state’s gambling industry, voted 4-1 to approve Mr. Diller for a two-year license while the investigation is pending, rather than granting him a full license.

This post first appeared on wsj.com

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