Las Vegas: 13 months later and still no M Resort expansion

Wednesday, November 8, 2023 3:06 PM
  • Howard Stutz, Nevada Independent

It’s been more than a year since Penn Entertainment revealed plans to double the size of the M Resort in Henderson, a $206 million expansion that would add a second 378-room hotel tower, additional meeting space and other amenities.

But since the announcement was made during the 2022 Global Gaming Expo, company officials have barely mentioned M Resort.

During last week’s third-quarter earnings conference call, Penn CEO Jay Snowden spent the bulk of the question and answer session with analysts discussing the company’s upcoming launch of its multibillion dollar sports betting partnership with ESPN.

Snowden said the Henderson resort was one of the casino operator’s “highest-performing properties” along with the Hollywood Casino in Columbus, Ohio, which is also targeted for an expansion. Penn plans to spend $800 million combined on expanding M Resort, Hollywood Columbus and two Illinois casinos.