If you are a fan of casinos and resorts, you may have heard about the M Resort. It is a luxurious hotel and casino located in Henderson, Nevada.
While many people know about this resort, not everyone knows who owns it. In this article, we will explore the ownership of the M Resort and give you an insight into its history.
The M Resort
The M Resort is a 390-room hotel and casino that sits on 90 acres of land in Henderson, Nevada. The resort was designed by architect Leo A. Daly and was opened in March 2009. The resort boasts of several features such as a 100,000 square-foot casino floor, a spa, several bars and restaurants, meeting rooms, and a pool.
The Ownership of the M Resort
The M Resort is owned by Penn National Gaming Inc., an American company that operates various casinos across the United States. Penn National Gaming acquired the M Resort in June 2020 after purchasing the operations from Penn National Gaming’s real estate investment trust (REIT), Gaming & Leisure Properties Inc.
Penn National Gaming Inc.
Penn National Gaming Inc. is an American company that was founded in 1972 by Peter Carlino. The company operates various casinos across the United States such as Hollywood Casino at Charles Town Races in West Virginia and Hollywood Casino Columbus in Ohio.
Penn National Gaming’s acquisition of the M Resort was part of its move to expand its presence in Las Vegas. With this acquisition, Penn National Gaming now owns two casinos in Las Vegas: Tropicana Las Vegas and the M Resort.
Gaming & Leisure Properties Inc.
Gaming & Leisure Properties Inc., also known as GLPI, is an American REIT that owns various gaming properties across the United States such as Hollywood Casino Baton Rouge and Hollywood Casino Perryville.
GLPI acquired the M Resort in 2016 as part of its acquisition of Pinnacle Entertainment. GLPI then leased the operations of the M Resort to Penn National Gaming. However, in June 2020, Penn National Gaming acquired the operations from GLPI, making it the sole owner of the M Resort.
Conclusion
In conclusion, Penn National Gaming Inc. is the current owner of the M Resort. The resort was acquired from Gaming & Leisure Properties Inc. in June 2020 and is now one of Penn National Gaming’s two casinos in Las Vegas. With its luxurious amenities and beautiful surroundings, the M Resort continues to attract visitors from all over the world and remains a popular destination for those who seek a taste of luxury in their travels.
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Before we dive into Anthony Marnell III’s background, let’s take a quick look at the M Resort itself.
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