A $206 million expansion at M Resort is underway some 26 months after owner Penn Entertainment announced plans to double the Henderson casino’s hotel capacity.
The timing is perfect, said Penn Executive Vice President of Regional Operations Todd George.
The Henderson market has lost two casinos since the pandemic: the Fiesta Henderson was demolished in September 2022 while the Eastside Cannery on Boulder Highway has never reopened. Competition, however, could arrive from Red Rock Resorts, which has hinted at developing a casino-hotel in the nearby Inspirada community, where it owns land.
Penn is bullish on the market: George pointed toward the growing neighborhoods in the vicinity of M Resort, which sits on 93 acres bordered on the west by Las Vegas Boulevard and St. Rose Parkway to the north.