Penn Entertainment projects December 1 opening date for M Resort hotel tower
The operator has also formed a new partnership with The Emeril Group to introduce the New Orleans-based Meril restaurant at the Las Vegas property.
Key Points
- According to Penn Entertainment, the project will finish with a construction cost of approximately $206m and be completed months ahead of the original timeline
- The new hotel tower will nearly double the capacity of M Resort Las Vegas, bringing the total number of rooms and suites to 765 while also expanding the property’s meeting space
Penn Entertainment has officially set an opening date of December 1 for M Resort Las Vegas’ new hotel tower, finishing with a construction cost of approximately $206m but still managing to be completed months ahead of schedule according to the operator.
“We’re thrilled to be unveiling our newest development in Henderson on the heels of our recent grand opening of the new Hollywood Casino Joliet in Illinois,” Penn Entertainment President and CEO Jay Snowden said.
“This new tower and restaurant from The Emeril Group expands our market-leading amenities at M Resort and provides much needed additional room capacity for group business and the overall strong demand of the Henderson locals market.”
The new hotel tower will nearly double the capacity of M Resort Las Vegas, bringing the total number of rooms and suites to 765 while expanding the property’s meeting space and adding 120 new jobs for Las Vegas residents. Penn Entertainment also stated the new Montese Ballroom will open on October 1, 2025.
Good to know: Penn Entertainment and the Chicago Bears NFL franchise formed a multi-year partnership on August 20 to designate ESPN Bet as the team’s Official Sports Betting Partner, while Hollywood Casino Aurora and Hollywood Casino Joliet were named Official Casino Partners
“We can’t wait to begin welcoming more visitors to our market-leading resort,” Penn Entertainment EVP of Operations Todd George said.
“Coupled with our extensive, expanded array of amenities and our highly successful partnership with the Las Vegas Raiders, M Resort is becoming the premier destination for visitors and convention attendees from across the country.”
The operator has also formed a new partnership with The Emeril Group to introduce the New Orleans-based Meril restaurant at the Las Vegas property. Penn Entertainment “anticipates accessing” approximately $150m in funding for Q4 2025 from Gaming and Leisure Properties for the M Resort Las Vegas development at a 7.79% capitalization rate.
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