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Penn Entertainment (formerly Penn National Gaming broke ground on a new $206 million hotel tower at M Resort. Starting construction has been more than a year in the making.
Last year Penn announced expansion plans for the Henderson, NV casino. The estimated timeline for construction is 18 months. Unless there are unexpected delays, the new tower should open during the summer of 2025.
What to expect from the new hotel tower at M Resorts
The new hotel tower will be attached to the property that opened in 2009. It will add 384 rooms to M Resort. When completed, the casino a few miles south of the main Vegas Strip tourist corridor will have a total of 774 rooms and suites.
In addition to the hotel tower, M Resort will expand its meeting space by 15,000 square feet, add restaurants, and update its amenities. Visitors can expect to see new partnerships when the new tower opens.
M Resort is one of the few off-strip Forbes Four-Star properties in Las Vegas. Amenities include Forbes Four-Star Spa Mio, M Pool and DayDream Pool Club as well as a fitness center.
Penn will announce the new amenities and partners at a later date. M Resort is currently the official team headquarters hotel of the:
- Las Vegas Raiders
- Henderson Silver Knights AHL hockey team
- Vegas Knighthawks indoor football team
- NBA G League
The expansion at M Resort is part of a larger plan. In November, Penn recently broke ground in Aurora, IL on Hollywood Casino.
Penn is also building a new casino in Joliet, IL, and a hotel for its casino in Columbus, OH. All together Penn will spend $850 million for its new projects.
In a Penn Entertainment press release, CEO and President Jay Snowden, said:
“We can’t wait to begin construction on a second hotel tower at M Resort. This new addition will benefit from the strong demand of the Henderson locals market while providing much needed additional room capacity for group business that is drawn to our market-leading resort and amenities, including our highly successful partnership with the Las Vegas Raiders.”
Nevada left out of Penn’s ESPN BET
Penn recently re-launched its sportsbook operations. Its ESPN BET platform is available in 17 states. However, Nevada is not one of the 17 states offering ESPN BET.
William Hill still operates “The Sportsbook” at M Resort. The same company also operated the M Resorts sportsbook during its previous partnership with Barstool Sports.
William Hill oversaw the sportsbook at Tropicana before Penn sold the casino to Bally’s Corp.
Similar to some other online sportsbook operators around the country, there are no plans to launch in Nevada due to the state’s in-person account registration requirement.
While the FanDuel brand name is used at Fremont Casino sportsbook in downtown Las Vegas, Boyd Gaming still operates the sportsbook. This could be a trial balloon for both FanDuel and Boyd, which has more unbranded sportsbooks in Las Vegas.
The companies have had a national sportsbook partnership since 2018.
South Las Vegas continues to grow
The expansion at M Resort is just the tip of the iceberg for entertainment in the area. The southern Las Vegas and Henderson area continues to expand with new casinos and entertainment options.
Last week, Durango Casino & Resort opened in the southwest area of Las Vegas.
After the dust settles, Station Casinos will look forward to building another casino. It looks as if a new casino in West Henderson, NV will be next on the docket for the Las Vegas casino operator.
Oak View Group (OVG) still has plans to build a new entertainment district with an arena and casino between M Resort and Mandalay Bay in the future. The company is waiting for confirmation that the NBA will grant Las Vegas an expansion team.
It’s expected the NBA expansion announcement will happen after the league wraps up a broadcasting rights deal. Both Shaquille O’Neal and Lebron James have expressed interest in being part of a Las Vegas NBA ownership group.
