The company said that it would spend $206 million to add a second tower with 384 rooms. First, Penn included M Resort among four properties involved in an $850 million investment project. Penn Entertainment selling M Resort is an interesting prospect.
Penn Selling M Resort Would Be Interesting The talks are said to be in the early stages but sources say that the discussions have been constructive. MGM Resorts may be interested in acquiring the M Resort Spa Casino in Henderson, Nevada.Ĭould MGM Resorts be kicking the tires at M Resort, we asked rhetorically, despite knowing the answer, as we’re pretty sure you now do, too?Īccording to an article posted at, sources revealed that MGM Resorts is involved in negotiations with Penn Entertainment for the sale of the said property.
MGM employs an ‘asset-light’ strategy and prefers to focus only on running the hotel and casino operations of casino resorts.Penn recently said it will be spending $206 million to double the capacity of M Resort.MGM Resort is reportedly in talks with Penn Entertainment for the acquisition of M Resort in Henderson, Nevada.
