M Resort since Penn National takeover?
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Still not many hookers in the joint, have no idea why.Quote: IAchance5Since it has been 2 years that Penn National acquired the M, has anyone seen any differences in the Property? For good or bad?
ZCore13
Quote: kewljYes! First to go from what once was my favorite property was blackjack. Once really good penetration became very average almost immediately. Then the pit's attitude did a 180. Super paranoid with quick back offs. So much so that, I personally referred to them as El Cortex of Henderson. Lol. In a second wave of gaming downgrades, blackjack got even worse. 2 full decks of 6 deck games cut off, where it once was less than 1. And then the once decent video poker downgraded pay tables. And finally, the bounce back mailers, and M Resort was always among the best in Vegas began deteriorating. Less and less offers for the same play. Now so far, the changes I have mentioned are gaming related and particularly problematic for AP's. But this year, although I now visit infrequently, I have notice the once very good buffet, among the best Vegas, has become very average at best and is now way overpriced. Beyond that, IMO, the whole casino just has a downgraded feel to it lately.
I think that's how Penn operates casinos...buys or builds them cheap and them drains every last penny out of them....
Quote: IAchance5I think that's how Penn operates casinos...buys or builds them cheap and them drains every last penny out of them....
This is what I've heard as well, but I'm getting more comps out of Hollywood St. Louis than Harrah's ever gave me. They also awarded me virtually all my TR Credits in "Marquee Rewards" comps when they took over, even though 95% of those TR credits where earned via the "Race to Rewards". VP also hasn't been touched yet, and they have the best quarter machines in the state. *knocks on wood*
They still do give away rooms to Nevada residents who have not played at the M for awhile.
Penn National bought their debt and the RIGHT to take them over.... I never heard whether they did it or not.
Still, its new and clean and has darn good ventilation and great booze.... even if it is half way to California.
I guess they dont like my desert money
ZCore13
Quote: IAchance5I think that's how Penn operates casinos...buys or builds them cheap and them drains every last penny out of them....
Penn is not associated with generous games on the East Coast, that's for sure. I've been to 3 of the Hollywood properties, and from what I have seen, they'll set the rules as tight as possible before it drives away customers in the particular market. A good example is the WV Hollywood has 2X odds on craps, while the MD and PA Hollywood casinos, with more competition, have 3-4-5X odds.
In fact, it was very comfortable in the pit, the comp to Anthony's steakhouse was generous (and the steakhouse was superb, a real treat and fairly priced), the wife said the slots were fine, we received and used mailers, and the grounds look beautiful.
The table games pit was very well run, knowledgeable dealers and floor supervision who were great on the games.
All in all, a VERY positive experience at a very well run and upscale operation.
Quote: PaigowdanI was just there (4/10 and 4/12 2014), and I've seen no such feared cheapening of the M.
In fact, it was very comfortable in the pit, the comp to Anthony's steakhouse was generous (and the steakhouse was superb, a real treat and fairly priced), the wife said the slots were fine, we received and used mailers, and the grounds look beautiful.
The table games pit was very well run, knowledgeable dealers and floor supervision who were great on the games.
All in all, a VERY positive experience at a very well run and upscale operation.
The decline of the M was one of my biggest disappointments in my first few years in Vegas. Besides the decline of BJ, which is paramount to me, as I have stated before it was just a general decline from buffet, to staff friendliness, to just a general feel. It was my favorite property and was just heart-breaking to watch.
Admittedly, I haven't been there in a while. As our play declined, we dropped off the radar as far as their once strong mailers. Sometimes, pulling into South Point, I gander down that way and think about making the 3 mile drive again. Maybe after your review, Dan...I will. :)
Quote: kewljThe decline of the M was one of my biggest disappointments in my first few years in Vegas. Besides the decline of BJ, which is paramount to me, as I have stated before it was just a general decline from buffet, to staff friendliness, to just a general feel. It was my favorite property and was just heart-breaking to watch.
Well, somebody got it back on track comfort-wise. The steakhouse was great, but I suspect that the Buffet is one area ripe for cost-cutting in any place, if the case here. It felt at least as comfortable as Red Rock or Green Valley Ranch, which are high-standard local places.
Quote: kewljAdmittedly, I haven't been there in a while. As our play declined, we dropped off the radar as far as their once strong mailers. Sometimes, pulling into South Point, I gander down that way and think about making the 3 mile drive again. Maybe after your review, Dan...I will. :)
We've been getting mailers, where there's $15 table play coupons, as well as an unrestricted $15 off any food service outlet there, not limited to the Buffet, and some sort of generous slot off sign-up ($10-$1,000 or so randomly assigned free play, which the player picks an initial "lucky square" out of five, kind of like a slot machine bonus round), which my wife used.
As for BJ, keep in mind that:
1. With Lucky ladies a prominent side bet, there is absolutely a double-incentive to block the games against AP play, so this may be a drawback.
2. The place is quiet and focused in the table games pit, so it would be harder to slip under the radar than at a boisterous, busier, and more distracted place.
3. I make my casino selections based on amenities, and on their dice, Pai Gow poker, and poker game offerings; I would not be the candidate to make a recommendation based on its potential for the AP.
I heard the buffet declined a bit but that is very subjective and often more due to delays such as long lines.
I do know of somewhat distant NV dwellers who've been granted 'staycations' at the M. Few and far between but not totally unheard of.
Everyone says 'takeover' ... but they took over the debt.. did they ever formally take title to the place?
Quote: FleaStiffEveryone says 'takeover' ... but they took over the debt.. did they ever formally take title to the place?
The NGC document for nonrestricted, full licenses, updated 4/3/14, has the following info:
(I had a little difficulty getting the formatting to transfer, but the basic info is below.
Quote:Name LVGV, LLC
DB as M RESORT SPA AND CASINO, THE
N -Non Restricted Active
12300 S LAS VEGAS
HENDERSON NV 89044
---------------------- Owners only ----------------------
06/01/11 PENN NATIONAL GAMING, INC. (PTC)
- (SOLE MEMBER AND MANAGER OF LV GAMING VENTURES, LLC)
- (SOLE MANAGER OF LV GAMING VENTURES, LLC)
- (90.91% OF LV GAMING VENTURES, LLC)
- (1,000,000 CLASS A MEMBERSHIP UNITS)
- (100% OF LV GAMING VENTURES, LLC)
: (SOLE MEMBER AND MANAGER OF PENN TENANT, LLC)
PETER MICHAEL CARLINO/CHIEF EXECUTIVE OFFICER-
CHAIRMAN
ROBERT STEPHEN IPPOLITO/VICE PRESIDENT-SECRETARY-
TREASURER
TIMOTHY JOSEPH WILMOTT/PRESIDENT-
CHIEF EXECUTIVE OFFICER
WILLIAM JOSEPH CLIFFORD/
SENIOR VICE PRESIDENT FINANCE-
CHIEF FINANCIAL OFFICER
- (9.09% OF LV GAMING VENTURES, LLC)
- (100,000 CLASS C MEMBERSHIP UNITS)
: -----
11/01/13 PENN TENNANT, LLC
: (SOLE MEMBER AND MANAGER OF LVGV, LLC)
- -----
I'm always a bit confused when I try to read those documents, but I think this means that Penn really did take ownership.
A few years ago they closed the poker room. So I'd stop for breakfast and some table games. Now when I was just there they stopped offering the breakfast buffet. Prbabably the last time I see that place. Too bad. About 5 years ago everything about it was top notch.
ZCore13
Quote: DnalorailedVery surprised to go there on a Saturday night last April and the place was nearly empty. Many of the table games closed. Granted, it was late, maybe 1-2 am. But Saturday night should be a casino's busiest.
I realize this wouldn't have much effect on a Saturday night, but would expanding the bus service down to M, even once/hour (it doesn't hurt Railroad Pass, Silverton, or Aliante any), bring up the numbers? Even from South Point, you can barely make it out in the distance.
Quote: ThatDonGuywould expanding the bus service down to M, even once/hour (it doesn't hurt Railroad Pass, Silverton, or Aliante any), bring up the numbers?
I am very positive that a bus route will help a lot, both for locals and for some of the visitors. The question is who is going to pay for the bus service? (not the bus tickets which are not enough to cover half of the gasoline)
