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Borgata

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ENTERTAINMENT
August 22, 2008 | By Jacqueline L. Urgo INQUIRER STAFF WRITER
You're sitting on the edge of a swimming pool so blue, you imagine you're in the Caribbean. The vivid flowers and aquatic plantings surrounding this pool are so spectacular, they rival those found near Australia's Great Barrier Reef. Now, you close your eyes and savor a meal so satisfying you'd swear you were in Paris. All this after a pedicure so perfect, a facial so cleansing and a massage so soothing, you think maybe you've just died and gone to . . . Atlantic City?
ENTERTAINMENT
July 3, 2013
July 1, 1995: Las Vegas gambling tycoon Steve Wynn comes to Atlantic City to announce Le Jardin, a billion-dollar casino-hotel to be built on a city-owned dump-a/k/a the H-Tract - in the Marina District. Key to the project, he says, will be a new highway connecting the area to the Atlantic City Expressway, its $330 million cost to be paid mostly with public funds. 1998: Las Vegas gaming companies Boyd Gaming and MGM announce joint plans for an unnamed luxury gaming resort on the H-Tract.
BUSINESS
August 2, 2014 | By Harold Brubaker, Inquirer Staff Writer
Borgata's online gambling operations recorded an operating loss of $1.8 million in the quarter ended June 30, but reached a "key milestone" by breaking even in July, said Keith Smith, chief executive of Borgata's managing owner, Boyd Gaming Inc. Smith said during a conference call on the Las Vegas company's second quarter earnings that he expected the recent downturn in online gambling revenue in New Jersey to end when cooler weather returns....
NEWS
November 8, 2002 | By Suzette Parmley INQUIRER STAFF WRITER
The Borgata wants you, particularly if you live in Camden or the Lindenwold area. Atlantic City's 13th casino - facing a severe labor squeeze - is reaching out to fill thousands of jobs. Sixteen billboards in South Jersey, including one on the Walt Whitman Bridge, advertise the Borgata's need for about 4,800 workers when it opens next year. A job fair, described as "grassroots outreach" by the Borgata, is scheduled for Nov. 19 in Camden. Another one will be held early next year in Lindenwold.
NEWS
August 8, 2011 | ASSOCIATED PRESS
MGM Resorts International has been granted another year and a half to sell its 50 percent stake in Atlantic City's Borgata Hotel Casino & Spa. New Jersey's Casino Control Commission granted approval Monday with the support of the state's Division of Gaming Enforcement. The Division of Gaming Enforcement granted its approval July 22. The planned sale came about because New Jersey regulators found that MGM's business partner in a casino in the Chinese enclave of Macau is "unsuitable" because of her father's reputed connection to Asian organized crime.
BUSINESS
February 13, 2013 | By Wayne Parry, Associated Press
ATLANTIC CITY, N.J. - Guests at one New Jersey casino won't even have to get out of bed in order to place a bet. The Borgata Hotel Casino & Spa in Atlantic City said it will become the first casino in the United States to let guests gamble over hotel room TV sets, starting Feb. 18. Its e-Casino program will let guests with player's cards set up electronic accounts and risk up to $2,500 a day. Slots and four kinds of video poker will be the...
BUSINESS
July 31, 2003 | By Amy S. Rosenberg INQUIRER STAFF WRITER
Borgata officials released revenue results from their first month yesterday that they said already put their $1.1 billion casino hotel near the top of the Atlantic City market. Despite vigorous marketing of the property to a younger crowd, the majority of Borgata's customers have so far come from a familiar Atlantic City demographic: the over-50 crowd that lives within 100 miles, company officials said. Ellis Landau, chief financial officer of Boyd Gaming Co., said Borgata slot machines had averaged a win of $306 per slot machine per day in the first 26 days, compared with a citywide average of $262 per slot machine per day in July 2002.
NEWS
October 11, 2013 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY With online gaming set to launch in Atlantic City on Nov. 26, the Borgata on Wednesday became the first of the resort town's dozen casinos to receive an online gaming permit from the state Division of Gaming Enforcement. "We are honored to receive New Jersey's first Internet gaming permit," Tom Ballance, president and chief operating officer of Borgata, said in a statement. "Borgata and bwin.party are aggressively pursuing our objective of being among the first to launch online gaming in the state," he said, referring to the casino's online partner.
ENTERTAINMENT
July 11, 2003 | By Howard Shapiro INQUIRER STAFF WRITER
Everything about the Borgata is wired, and when you walk through the place, you are, too. I checked in and stayed overnight twice this past week, and both times it hit me squarely: Not only is the Borgata beautiful, in earth tones and marble and endless inlays of wood upon wood, with a perfectionist's attention to furniture and art, flowers and lighting. It's also the first big-deal casino born into a fully digital world. No other gambling joint pulses in a plasma-screen glow like the Borgata, Atlantic City's first new casino in 13 years, which opened nine days ago. Fifty-six screens, all with the same constantly changing images, sweep along the side of Mixx, a techno-rap-and-writhe club with great professional dancers and a $20 cover.
ENTERTAINMENT
February 3, 2015 | By A.D. Amorosi, For The Inquirer
Comedian Hannibal Buress deserved to sell out the Music Box at Atlantic City's Borgata on Saturday - just on the merits of his sharply incisive talents. Anyone making topics such as toilet paper, racist babies, and sports heroes on steroids ("Thank you for ruining your long-term health for our short-term entertainment") funny should be celebrated. But face it: Buress owes much to Bill Cosby. Before Oct. 16, Buress was a silly, observational stand-up known mostly for acting bits on 30 Rock and Comedy Central fare like Broad City . At September's end, I caught Buress opening for Aziz Ansari at the Wells Fargo Center with Seinfeld-ian parking shtick: Cranky stuff, but nothing innovative or memorable.
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ARTICLES BY DATE
ENTERTAINMENT
June 16, 2015 | By A.D. Amorosi, For The Inquirer
While Atlantic City's casino-hotel scene is at a troubled moment, two events - growth spurts, really - point toward better days. At the very least, July 4's opening of developer Bart Blatstein's Playground at Caesars, with music venues booked by Bonfire Entertainment, and Saturday's unveiling of Borgata Festival Park, booked by Live Nation, prove AC won't play dead. And what better hopeful celebration than the locally based troika of the Hooters, G. Love & Special Sauce, and Southside Johnny & the Asbury Jukes?
BUSINESS
May 21, 2015 | By Harold Brubaker, Inquirer Staff Writer
Atlantic City is attempting today to sell $40.56 million in bonds to repay a state loan issued in December when the financially beleaguered city was shut out of the bond market over concerns that the city would default. This time Atlantic City is using a New Jersey program established by the Municipal Qualfied Bond Act that diverts state aid into a fund to repay bonds. Moody's Investors Service said in a note that the state backing "should improve the city's market access," but warned the city still faces numerous financial challenges, including a $101 million deficit this year and thousands of property-tax appeals.
SPORTS
May 16, 2015 | By Molly Eichel, Inquirer Staff Writer
Atlantic City is the new home of the BeachGlow Festival. On June 27, the fourth annual EDM fest will debut in A.C. after previously taking place in Wildwood. "Atlantic City welcomed us with open arms," co-organizer Gerard Kunkel said about the switch. BeachGlow is a nonprofit and all-volunteer. Last year, the fest donated $40,000 to the Red Cross. This year's charity is Little Kids Rock, an organization that raises money for music programs in public schools. An extra $10 donation, in addition to the ticket, is suggested.
BUSINESS
May 2, 2015 | Harold Brubaker, Inquirer Staff Writer
The parent company of Borgata Hotel Casino & Spa boosted its 2015 earnings target for the Atlantic City property to $165 million from $160 million after a strong first quarter. Boyd Gaming Corp., of Las Vegas, on Thursday reported first-quarter net revenue for Borgata of $182.6 million, up 9 percent from $167.3 million in the same period a year ago. The market-leading casino's operating profit nearly doubled to $37.8 million from $20.5 million, thanks in part to a property tax benefit.
NEWS
April 18, 2015 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - A stagehand died this week after falling while working on a concert venue at the Borgata Hotel Casino & Spa. Tony Haines, 61, of Atlantic City, died Sunday after falling off the top-level bleacher section of the Event Center at Borgata. Sources say he was tearing up a set with elevated seating for the headliner act the night before, the comedian Jerry Seinfeld, when he fell about 12 feet to the ground. The show was sold out, so bleacher seating was needed. It remained unclear why Haines lost his balance.
NEWS
April 2, 2015 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - With legislation to end casino tax appeals and stabilize this city's finances languishing in Trenton, Borgata and others confirmed that they have filed, or will file, petitions to appeal their 2015 property-tax assessments to meet Wednesday's 5 p.m. deadline. Successful tax appeals by the casinos have cost the city nearly $400 million in refunds since 2007, which has depleted municipal coffers and put the city in dire financial straits. Most of the refunds are being repaid with borrowed money.
NEWS
March 23, 2015 | By Harold Brubaker, Inquirer Staff Writer
ATLANTIC CITY - Al Callejas had a quick explanation for how he was able to top a field of 750 competitors in Borgata's free-throw contest Saturday. "I'm a coach's son. I've had a ball in my hands since I was 3 years old," Callejas, 37, of Archbald, Pa., said after winning the grand prize of $10,220 with his score of 16 in the final round - the first-grade teacher's own bit of March Madness. Answering the question of whether the tournament was a winner for Borgata would take longer, because it depended on how many of the participants and their friends spent money gambling, eating out, or staying at the hotel.
BUSINESS
March 22, 2015 | By Harold Brubaker, Inquirer Staff Writer
Borgata Hotel Casino & Spa sued Friday to block Atlantic City from borrowing $43 million in the bond market to repay a state loan due March 31. The lawsuit, filed in Superior Court in Atlantic County, claims that the borrowing plan, endorsed by Atlantic City Council on March 4, violates a September ordinance allowing the city to borrow up to $140 million to pay property-tax refunds, such as $88.25 million owed to Borgata. The Borgata lawsuit came just days before the city's emergency manager, appointed Jan. 22 by Gov. Christie, is expected to issue recommendations on stabilizing Atlantic City's finances, and it sets up a three-way fight among the state, the city, and Borgata, Atlantic City's most successful casino.
NEWS
February 20, 2015 | By Harold Brubaker, Inquirer Staff Writer
ATLANTIC CITY - Financial pressure on Atlantic City will intensify this year as taxable real estate values are expected to plummet to $7.35 billion from more than $11 billion last year. But instead of sharply raising the tax rate as the city has done in each of the last two years to keep revenues stable, the city is taking a sharper scalpel than ever to its operations, Mayor Don Guardian said Wednesday evening in his State of the City address before the City Council. "This year we have no intention of doing that," Guardian said, referring to boosting the property-tax rate.
BUSINESS
February 14, 2015 | By Harold Brubaker, Inquirer Staff Writer
Borgata Hotel Casino & Spa, Atlantic City's highest-grossing and most profitable casino, logged excellent fourth-quarter financial results, Boyd Gaming Corp., its managing partner, reported Thursday. "We set all-time quarterly records for market share in every single metric, including table win, slot win, poker, and gross gaming revenue," Keith Smith, Boyd's president and chief executive, said on a conference call with analysts. "We're seeing growth in our non-gaming business as well.
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