M Resort Las Vegas, owned and operated by Penn Entertainment, has completed the construction of a second hotel tower and will hold a grand opening ceremony for the new expansion on December 3.
Penn Entertainment originally acquired the facility in June 2020 after purchasing operations from its real estate investment trust with Gaming and Leisure Properties (GLPI). The operator received $150m in funding from GLPI to help complete the project, which added 120 new jobs to M Resort Las Vegas' workforce.
"We're thrilled to officially open the new tower at our market-leading M Resort property, which significantly expands our capacity to host guests and group business," Penn Entertainment President and CEO Jay Snowden said.
"This growth project highlights the strength of our retail operation and our commitment to evolving the guest experience with best-in-class entertainment and hospitality options."
Penn Entertainment also stated the hotel tower project was completed "on budget" and ahead of schedule, nearly doubling the capacity of M Resort Las Vegas to 765 rooms and suites.
The December 3 grand opening ceremony will welcome special guests and dignitaries, as well as feature a drone show and musical guest for attendees. M Resort Las Vegas currently hosts more than 92,000 sq ft of gaming space and over 100,000 sq ft of event and entertainment space as a result of the new construction.
The opening of M Resort Las Vegas' new hotel tower was said to mark the second growth project to be completed by Penn Entertainment in 2025, following the debut of Hollywood Casino Joliet in August.
Projects yet to be finalized include the opening of Hollywood Casino Aurora in Illinois and a new hotel tower at Hollywood Casino Columbus in Ohio, both expected to open late in the second quarter of 2026.
The operator will also relocate its Hollywood Casino Council Bluffs property in the fourth quarter of 2027 or early 2028, but all projects are currently "on schedule and on budget," according to Penn Entertainment.
Kambi Group and Penn Entertainment agreed to extend its retail sportsbook platform collaboration through July 31, 2027 in November, including trading capabilities, betting kiosks and over-the-counter wagering solutions
