M Resort Spa Casino News - Page 8

Penn National Gaming's east-west region, which includes M Resort, had the largest decline of any of the company's reporting divisions with revenues down 9.1 percent to $317.1 million.

The concept would separate 19 of the company’s 29 casinos and racetracks, including the M Resort, into a real estate investment trust, often referred to as a REIT.

The event guarantees participants a prize pool of $500,000 — not much when compared with standards set by the World Series of Poker, which is more than halfway through its six-week run at the Rio.

The regional casino giant said its overall revenues for the quarter that ended March 31 were $798.2 million, an increase of 8.4 percent compared with the first quarter of 2012.

The son of casino building pioneer Tony Marnell II, the younger Marnell found success off the baseball diamond in business.

M Resort is now in a much stronger financial position with Penn National Gaming’s backing and Anthony Marnell III's directing the property that he helped create and open.

A gambler wishing to remain anonymous hit the statewide Megabucks slot machine jackpot, totaling more than $17.3 million, over the weekend at M Resort.

The off-strip M Resort is working to fill its DayDream venue with the same hard-partying youthful demographic the Vegas Strip attracts -- but with a twist. Instead of targeting tourists, M is focusing on locals.

Penn National Gaming Chairman tries to make light of the recent General Services Administration tax-payer funded junket controversy.

The Golden Gate has unveiled the first phase of its renovation just a few days following the name-change announcement from its sister property, the D Las Vegas.

Cantor Gaming will accept credit cards from most major issuers, including Visa, MasterCard, and Discover, to fund race and sports wagering accounts.

The casino industry spent roughly $11.4 million over the past five years in lobbying Massachusetts lawmakers to approve casinos.

Nevada's wagering handle of $93.9 million represented the second-largest total in history, and the 184 books held slightly more than $5 million for a win percentage of 5.4.

The Nevada Gaming Commission on Thursday unanimously approved Cantor Gaming's application to take over operations of the race and sports book at the Palms.

MGM Resorts International entered the race for a Massachusetts casino license on Thursday, signing a deal to acquire 150 acres in the town of Brimfield for a hotel-casino complex.

A licensing hang-up could delay the openings of casinos in Cleveland and Toledo for eight weeks.

M Resort President Anthony Marnell III says he opposes the legalization of online poker.

Wednesday's 490-point surge by the Dow Jones industrial average gave the stock prices of several publicly traded casino operators and slot machine manufacturers a lift.

Cantor Gaming has reached agreement with the Palms in Las Vegas to operate the resort's race and sports book.

Australian slot machine maker Aristocrat Technologies has placed the slot machine management system in roughly 265 casinos in North America.