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Tropicana To Get New Restaurants, Possibly Hotel Tower
Posted by Chuckmonster on 21 Aug 2015
Nevada Gaming Commission has approved Penn National Gaming's $360 million dollar purchase of The New Tropicana Las Vegas - A DoubleTree by Hilton from Onex Corportaion and Alex Yemenidjian.
Before we get on with the PNG...
Is This The New, New Tropicana?
Posted by Chuckmonster on 23 Jun 2015
We've seen many visions for the future of the Alex Yemenidjian-era Tropicana, the Phase III entertainment deck and the The Strip, but this new one (full size via Paul Steelman & Associates website) is...
... whoa!...
Penn National Gives Anthony Marnell The Red Stapler
Posted by Chuckmonster on 23 Jun 2015
Earlier this month Penn National Gaming named former Golden Nugget, Foxwoods and Sugarhouse executive Bob Sheldon to head their newly created Las Vegas business unit, which include existing holding M Resort as well as the...
Vegas Gang #121: Wynn v Wynn, Riviera, Tropicana and Resorts World
Posted by Chuckmonster on 12 May 2015
On the latest episode of the Vegas Gang Podcast we go deep on Wynn v Wynn plus pile conjecture on top of Steve's possible Las Vegas dreams.
Also on the docket is the Riviera closure, Yemenidjian's...
Penn National Buys The New Tropicana of Las Vegas A DoubleTree By HIlton for $360m
Posted by Chuckmonster on 29 Apr 2015
Penn National, owners of M Resort have entered into an agreement to purchase The New Tropicana Las Vegas A DoubleTree By Hilton from the partnership of Alex Yemenidjian and Onex Partners for $360m. ...
Penn National Close To Cosmopolitan Deal?
Posted by Chuckmonster on 10 Jun 2011
The rumor mill is squeaking out word that Penn National Gaming, fresh off the closure of their purchase of M Resort, is working on a deal to purchase The Cosmopolitan of Las Vegas from owners...
Penn National Officially Takes Over M Resort
Posted by Chuckmonster on 5 May 2011
Yesterday, the Nevada Gaming Commission approved Penn National Gaming's takeover of the M Resort which was acquired in a $230M debt swap in October 2010.
When speaking at the hearing, Penn honchos stated that they plan...
Vegas Gang #52 : M and Penn, MGM Numbers and More
Posted by Chuckmonster on 15 Oct 2010
On the most recent episode of the Vegas Gang Podcast, the gang takes on a whole bunch of thorny subjects including Penn National's recently announced debt takeover of M Resort, the August 2010 gaming figures,...
Penn Gets M Resort In $230M Debt Swap
Posted by Chuckmonster on 8 Oct 2010
The rumors are now fact.
After playing footsie with nearly every semi-available casino up and down the Strip, Penn National CEO Peter(ino) Carlino finally found a fit for his tire kickin' foot - The M Resort!
And...
Rumor Mill: M Is Now Penn's
Posted by JohnH on 7 Oct 2010
Quick note for those of you not tuned into Norm Clarke's Twitter feed (read: everyone), it looks like tomorrow might bring an announcement that Penn Gaming has purchased the M Resort.
That's right. After...

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