M Resort in Henderson to celebrate the opening of the new tower | Casinos & Games

Henderson’s M Resort will celebrate the opening of its new 375-room, $206 million East Tower with a drone show, a surprise musical guest and the showing of a holiday movie on Dec. 3.

According to a release from the resort, invited guests will gather for the ribbon cutting and opening remarks at 17.00. The public is then invited to an event at 6pm at M’s outdoor venue, Patio, for a 12-minute light show featuring 500 drones displaying holiday imagery. It will be followed by a performance by a secret musical guest and screening of “Elf” on the venue’s 800 square meter screen.

During festivities, guests can purchase s’mores and hot chocolate to cozy up and enjoy by the fire pit.

“This opening is a defining moment for M Resort and the community we are proud to serve,” said Hussain Mahrous, vice president and general manager of M. “Our expansion represents a commitment to create experiences that celebrate both innovation and the spirit of Henderson.”

The $206 million expansion nearly doubles the facility’s capacity to 765 rooms.

The investment by M’s parent company, Penn Entertainment Inc., also includes the 15,000-square-foot Montese Ballroom, which opened in October, increasing the property’s total indoor and outdoor conference and event space to more than 100,000 square feet.

The fresh table games area, inspired by a “Hidden Oasis” design, introduces new lighting, chairs and rugs. The High Limit Table Games Room has also been completely renovated with new carpet, wall hangings and lighting.

Koin is launched

A Las Vegas-based digital payments company has launched its app-based system at a Californian tribal casino.

Koin Pay announced on Monday that it has implemented its digital payment system at Casino Pauma in Pauma Valley, California.

The Koin Pay app, available on Apple and Android smartphones, can be funded via a bank, debit or credit card, Paypal, Venmo, Apple Pay or Google Play and provides a virtual wallet from which casino or retail transactions can be made.

“Casino guests get a better gaming experience and overall casino experience by using our technology,” Patrick Schmit, vice president of product integration and business development at Koin, said in a release. “The expansion at Casino Pauma demonstrates the return on investment that our innovative technology offers for gaming properties across the country.”

Founded in 2021 by Gary Ellis and Gary Larkin, Koin Pay is designed to make payments easier in highly regulated retail and online gaming markets.

Casino Pauma, which opened in May 2001 after signing an agreement with the state in 2000, has more than 800 slot machines and 12 table games and is a major casino operator in the San Diego area.

“We are excited to be the first in San Diego County to provide guests with this digital gaming technology,” Oscar Garcia, general manager of Casino Pauma, said in a release. “We strive to be the first to use innovation to streamline and improve our casino experience in this highly competitive market. The Koin rollout is definitely the next step in our evolution of guest experiences.”

In Southern Nevada, Koin is deployed on Emerald Island in downtown Henderson.

NJ online casinos set new monthly revenue record

Online casinos in New Jersey generated more than a quarter of a billion dollars in October, according to state regulators.

Mobile gaming operators in the Garden State reported record revenue of $260.3 million last month. The milestone represents a 21.8 percent year-over-year increase, largely driven by FanDuel Casino’s state-record $60.9 million in revenue.

The strong showing helped lift year-to-date iGaming revenue to nearly $2.39 billion, leaving operators less than $2.1 million short of the 2024 full-year total. Tax collections also hit new highs, with the state pulling in $51.5 million in October under the higher tax rate enacted in July.

Total gaming revenue from iGaming, sports betting and casinos in Atlantic City climbed to $611.1 million, up 22.3 percent from a year ago. Sports betting increased by almost 50 percent, while physical casino profits rose by 12.5 percent.