Marnell and his management team are partnered with Sher Gaming, LLC, led by Ed Sher, on this transaction. MGM MIRAGE acquired these properties in April 2005 as part of its acquisition of Mandalay Resort Group.Īnthony Marnell III is the Chairman and CEO of M Resorts. On a combined basis, these two properties contain some 2,500 guest rooms and over 100,000 square feet of casino space featuring approximately 2,200 slot machines and 70 gaming tables.
MGM MIRAGE (NYSE: MGM) announced today that it has completed its previously announced sale of the Colorado Belle and Edgewater hotel-casinos located in Laughlin, Nevada, to a group led by Anthony Marnell III for $200 million.
