M Resort Spa Casino News - Page 6

While opening a mobile sportsbook account in Nevada is a no-brainer for sports bettors, Casino City found that the process does take some time and patience.

The proliferation of mobile sportsbook apps in Nevada is proving to be a major convenience while saving time and money on both sides of the counter.

Moody's Investors Service has praised the $390 million Hollywood Casino Jamul in San Diego, expected to open in July.

The casino operator has 60 days to regain compliance and expects to meet that date.

The move follows a reclassification of rent payments to GLPI, the company's real estate trust, as recommended by auditors.

While the historic resort's hotel rooms and suites are in "excellent shape," Penn National Gaming CEO Tim Wilmott says the casino's four restaurants are not meeting expectations.

Penn National owns the Tropicana and M Resort.

The suspect was arrested Saturday, Oct. 3 near the Canadian border in New York.

The tournament will consist of five regional tournaments to be played between November and May and a tournament championship at the M Resort in June 2016.

The Rat Pack-era casino would be Penn National's first property on the Strip. The company plans to upgrade, but not rebrand, the historic casino.

After two rejected offers, Pinnacle has accepted an offer from GLPI rather than form its own spinoff REIT.

Gaming and Leisure Properties, Inc., will acquire nearly all of Pinnacle's real estate properties, and the properties will be spun off into separate property and operating companies.

GLPI, an REIT spun off of Penn National Gaming, has repeatedly offered to acquire Pinnacle's real estate holdings, rather than having Pinnacle create its own REIT.

Talks have been ongoing, and analysts believe a deal is likely to be signed sooner rather than later.

Boyd Gaming CEO Keith Smith says the area's economy is improving and cites growth in gaming and nongaming revenue in the past quarter.

Former M Resort president Anthony Marnell III will take on a strategic consulting role at M Resort and the Tropicana. Penn National named Bob Sheldon the new president of M Resort.

The transaction, which is expected to close by the end of the year, not only gives Penn its long sought-after address on the Strip, but keeps alive an historic name and a Rat Pack-era property.

Two casino companies with Nevada ties had improved first-quarter results, including Las Vegas-based Pinnacle Entertainment which reported record net revenue.

The day before he put a gun to his head and killed himself at an M Resort buffet on Easter, a Las Vegas man filled a box with his complaints against the resort and its employees and mailed it to the Las Vegas Review-Journal.

MGM Resorts Chairman Jim Murren discussed the company forming a REIT last month during a quarterly conference call.