M Resort Spa Casino

Penn Entertainment operates · GLPI owns dirt
Last verified · May 18, 2026

M Resort opened March 2009 — Anthony Marnell III's project. Penn Entertainment bought the debt in 2010, took full ownership in 2011, then transferred the real estate to GLPI in 2013 as part of Penn's REIT spinoff. A second tower opened late 2025, bringing room count to 765. Marnell himself is now developing a competing property — "Spite Casino" — across the street.