M Resort

M Resort Spa Casino
Location Henderson, Nevada
Address 12300 Las Vegas Blvd S
Opening date March 1, 2009 (March 1, 2009)
Number of rooms 390
Total gaming space 92,000 sq ft (8,500 m2)
Notable restaurants "Restaurant Veloce Cibo"
"Anthony"
"Marinelli's"
"Hostile Grape Wine Lounge"
Casino type Land-based
Owner Gaming and Leisure Properties
Operating license holder Penn National Gaming
Website themresort.com
The main lobby
Pool area

M Resort Spa Casino is a boutique hotel and casino[1] in Henderson, Nevada, owned by Gaming and Leisure Properties and operated by Penn National Gaming. It is located on 90 acres (36 ha)[1] at the corner of Las Vegas Boulevard and St. Rose Parkway (about 8.5 mi (13.7 km) south of Mandalay Bay), near the affluent neighborhood of Southern Highlands.[2] The hotel includes a 92,000-square-foot (8,500 m2) casino[3] and a 390 room boutique hotel.[4] The hotel tower is 118.17 feet (36.02 m) tall.[5]

M Resort has received a four-star rating from the Forbes Travel Guide every year since its opening, deeming the property "One of the Finest Hotels in the World".[6]

History

Anthony Marnell III is the son of Tony Marnell (owner of Marnell Corrao Associates), who has developed resorts such as Caesars Palace, Wynn Las Vegas, and the Bellagio. Anthony Marnell III acquired the land for the resort for $240 million.[2] MGM Mirage announced a $160 million investment in the resort on April 26, 2006.[7] The total cost of the completed project was $1 billion.[8] Marnell Corrao Associates was responsible for development, master-planning, interior design, construction/design/program management, FFE procurement, property management, as well as being the executive design architect, architect of record, and general contractor.

The resort opened to the public on March 1, 2009.[8]

In October 2010, Penn National Gaming bought the resort's $860 million in debt from the Bank of Scotland for $231 million.[9][10] They then acquired the property the following June, in exchange for canceling the debt.[9] Marnell remained as president, but with no ownership.[10]

Features

Christmas tree

For Christmas 2009, the resort placed on display the tallest Christmas tree in the United States. The 109-foot (33 m) tree was lit in a ceremony on December 12, 2009.[13] For the last few years, a tree at Fashion Island, an upscale mall in Newport Beach, California, had been the nation's tallest.[14]

References

  1. 1 2 Finnegan, Amanda (2009-03-01). "M Resort set for 10 p.m. opening". Las Vegas Sun. Retrieved 2009-06-23.
  2. 1 2 Benston, Liz (2007-06-01). "Building in the boondocks". Las Vegas Sun. Retrieved 2008-05-21.
  3. "M Resort". Retrieved 2008-05-22.
  4. "The M Resort In Las Vegas Has MGM Mirage As Investor In Luxury Resort". 2007-04-27. Retrieved 2008-05-22.
  5. "The M Resort". emporis.com. Retrieved May 31, 2013.
  6. Finnegan, Amanda (2009-11-10). "M Resort added to Forbes Travel Guide". Las Vegas Sun. Retrieved 2010-03-15.
  7. 1 2 3 Stutz, Howard (2007-04-27). "MGM Mirage invests in M Resort". Las Vegas Review-Journal. Retrieved 2008-05-21.
  8. 1 2 Stutz, Howard (March 2, 2009). "Thousands celebrate opening of Las Vegas' newest resort, the M". Las Vegas Review-Journal.
  9. 1 2 "Penn National Gaming acquires M Resort". Bloomberg Businessweek. Associated Press. 1 June 2011. Retrieved 22 March 2012.
  10. 1 2 Stutz, Howard (1 June 2011). "M Resort officially acquired by Penn National Gaming". Las Vegas Review-Journal. Retrieved 22 March 2012.
  11. Kapelke, Chuck (2009-01-01). "VIEW FROM VEGAS: Still Happenin'". Smart Meetings magazine. Retrieved 2009-01-23.
  12. http://www.themresort.com/media/M-Casino-Las-Vegas-Press-Release-Pavillion-Space-At-The-M=2011.html
  13. "Nation's Tallest Christmas Tree at M Resort". KLAS-TV. 2009-12-11. Retrieved 2009-12-11.
  14. Jeff Overley (2009-12-10). "O.C. no longer home to tallest Christmas tree". The Orange County Register. Retrieved 2009-12-11.
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