Wednesday, Dec. 2, 2009 | 2:32 p.m.
CARSON CITY – Top staff at the M Resort told gaming regulators today that business at the 9-month-old resort is looking up.
Matt Woodhead, the M’s chief legal officer, told the state Gaming Control Board there has been improvement in business in the last couple of months.
There are good advance bookings in the first and second quarter of next year, said Woodhead, who added, “We have seen an uptick” at the 400-room resort.
The control board approved an application for key employee licenses for John M. Lipkowitz as executive vice president and general manager; Joseph A. Magliarditi as executive vice president and chief operating officer and Gregory K. Wells as chief investment officer.
Lipkowitz and Magliarditi each will receive 20 units and Wells will get 30 units. Jason A. Goudie, chief financial officer who was licensed previously as a key employee, will receive five units. All are non-voting shares in M Resort LLC.
Andy Moore, the attorney representing the resort, said these shares are “incentives for key employees.” They will share in the allocations of any profits or dividends, he said. But Moore added he did not anticipate any dividends immediately.
The application comes up for final approval Dec. 17 before the state Gaming Commission.
At M Resort, locals reign supreme. Anthony Marnell III opened this casino with value in mind. With affordable drinks and meals and lots of incentives to play, it's no wonder why M has been a hit since it opened its doors in March 2009.
The property is decorated with dark wood, rich colors and amber-like light fixtures. Gaming offerings include more than 1,800 slot machines and 60 table games, as well as a poker room and race and sports book.
The resort houses 390 guest rooms, including 39 luxury suites. Designed with a modern and contemporary feel, M’s rooms feature dark wood, chrome fixtures and white linens, and are accented by blue or burgundy throws and pillows. Rooms boast floor-to-ceiling windows with views of the mountains or the Strip.
M dining options include Studio B, a show kitchen buffet; "twisted farm food" at Hash House a Go Go; Baby Cakes bakery; Anthony’s Burgers & Brews, serving gourmet burgers and fries; Vig Deli; Anthony’s Prime Steak & Seafood; Marinelli’s Authentic Italian Dishes; and the Hostile Grape Wine Cellar, where guests can taste more than 160 types of wine. Plus, 32° Draft has one of the largest beer selections in the valley, with 96 different beers on tap.
The four-star awarded, 23,000-square-foot Spa Mio offers a variety of treatments and services with saunas, Jacuzzis, 16 massage and facial rooms and a full-service salon and barbershop complete with built-in ESPN in the mirrors. Locals also receive 25 percent off all regular price services.
DayDream Pool Club heads up M's adult pool party scene offering the only locals pool party in the Valley.