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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.
NEWS
August 20, 2014
M ICHAEL PRIFTI, 60, of Wynnewood; Eric Rahe, 56, of Phoenixville; and Michael Ytterberg, 60, of East Falls, are principals in BLT Architects. The second-generation Center City firm works in mixed-use, multifamily, education and hospitality spaces. I spoke with Prifti, who's managing principal. Q: What sets BLT Architects apart from other firms? A: We don't bring preconceived notions to any opportunity. Our higher-education work has informed our hotel work. Similarly, the hotel work is showing up in residential where there's lots of interplay in the amenity space.
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 19, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - Revel's waning days stand in stark contrast to just over three years ago, when its chief executive at the time, Kevin DeSanctis, wowed everyone at the East Coast Gaming Congress with his vision. Four months before, in early February 2011, Revel had secured $1.15 billion in new financing to finish construction, which had been halted for more than a year by the recession and frozen lending. In April 2010, Morgan Stanley, Revel's original chief financial backer and operator, had decided to pull out of the project, taking a $932 million loss on it, rather than spending the $1 billion that finishing the casino would cost.
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.
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NEWS
August 20, 2014
M ICHAEL PRIFTI, 60, of Wynnewood; Eric Rahe, 56, of Phoenixville; and Michael Ytterberg, 60, of East Falls, are principals in BLT Architects. The second-generation Center City firm works in mixed-use, multifamily, education and hospitality spaces. I spoke with Prifti, who's managing principal. Q: What sets BLT Architects apart from other firms? A: We don't bring preconceived notions to any opportunity. Our higher-education work has informed our hotel work. Similarly, the hotel work is showing up in residential where there's lots of interplay in the amenity space.
NEWS
August 19, 2014 | By Suzette Parmley, Inquirer Staff Writer
ATLANTIC CITY - Revel's waning days stand in stark contrast to just over three years ago, when its chief executive at the time, Kevin DeSanctis, wowed everyone at the East Coast Gaming Congress with his vision. Four months before, in early February 2011, Revel had secured $1.15 billion in new financing to finish construction, which had been halted for more than a year by the recession and frozen lending. In April 2010, Morgan Stanley, Revel's original chief financial backer and operator, had decided to pull out of the project, taking a $932 million loss on it, rather than spending the $1 billion that finishing the casino would cost.
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
August 1, 2014 | BY CHUCK DARROW, Daily News Staff Writer darrowc@phillynews.com, 215-313-3134
LOOK! UP in the sky! It's a bird! It's a plane! It's a lot of planes. They'll be zooming along the shoreline Aug. 13 as the 12th annual Atlantic City Air Show soars back to town. More than just the latest edition of the aerial extravaganza, the exhibition - dubbed "Thunder Over the Boardwalk" - marks a return to the show's longtime August scheduling. In 2013, the daylong spectacle featuring vintage and state-of-the-art aircraft was staged in June rather than in August, as it had been since its 2003 inception.
ENTERTAINMENT
July 12, 2014 | By A.D. Amorosi, For The Inquirer
The divorce album is one of pop's strangest quasi-traditions, treating the rights, wrongs, and ruin of a personal relationship with the arts of the pop love song. Marvin Gaye did it with Here, My Dear , Bob Dylan with Blood on the Tracks , and husband-and-wife folkies Richard and Linda Thompson made one together in Shoot Out the Lights . This year, producer/songwriter/singer Kenny "Babyface" Edmonds and Toni Braxton, a singer he has produced two albums for, made one of the best duet records in this line, titled Love, Marriage & Divorce . (Babyface divorced Tracey Edmonds in 2005, and Braxton let go of Keri Lewis in 2013.)
NEWS
June 27, 2014
THE WAY Allen Valentine sees it, he is simply continuing an Atlantic City tradition with roots that go well back before the legal-casino era. "My grandparents came to Atlantic City on their honeymoon in the 1930s," offered Valentine, who today reigns as the town's most prolific supplier of extended-run production shows. "Many years ago, I asked them why they went to Atlantic City, and they said, 'Because they have shows.' " Valentine, who first came to Boardwalk prominence in the mid-1990s as an extremely talented and innovative magician, is doing his best to ensure that that legacy survives in the 21st century.
NEWS
June 21, 2014 | By Harold Brubaker and Amy S. Rosenberg, Inquirer Staff Writers
The Revel Casino Hotel in Atlantic City, a $2.4 billion property that has operated at a loss since opening in 2012, filed for its second bankruptcy Thursday. The new filing came about 13 months after the company wiped out $932 million in debt and cut yearly debt payments by 96 percent in bankruptcy last year. Despite the massive debt relief, the casino at the north end of the Boardwalk continued losing money on an operating basis before debt payments. The loss was $21.75 million in this year's first quarter.
NEWS
June 13, 2014 | By Suzette Parmley, Inquirer Staff Writer
On the same day that Atlantic City's government learned it would receive $6.8 million in state aid to help balance next year's budget, it also agreed to dole out many times that in a refund to its biggest taxpayer - the Borgata Hotel Casino & Spa. The resort's top-grossing casino will get back $88.25 million under a settlement it reached late Tuesday with the city on its property taxes - and the refund could grow even larger if the city loses a...
BUSINESS
May 24, 2014 | By Harold Brubaker, Inquirer Staff Writer
Six of 11 casinos in Atlantic City had gross operating losses in the first quarter, the New Jersey Division of Gaming Enforcement reported. Four of the five casinos with operating gains in the quarter ended March 31 reported declines from last year. In aggregate, gross operating profits for those four casinos - Borgata, Caesars, Harrah's, and Showboat - fell 35 percent, to $50.36 million from $77.83 million. Tropicana was the exception. Its gross operating profit soared to $32.09 million this year from $1.98 million thanks to the way it accounted for a property-tax settlement.
SPORTS
May 17, 2014 | By Dan DeLuca, Inquirer Music Critic
Blake Shelton and Lady Antebellum on the beach. Lady Gaga and Kiss at Boardwalk Hall. A jazz fest in Cape May - and a Beardfest in the woods. All this and more awaits the Jersey Shore music fan this summer. That's on top of a wide range of Atlantic City casino headliners, including superstar DJs (Paul Oakenfold, June 6 at Revel), young country stars (The Band Perry, May 31 at Caesars), Motown legends (Smokey Robinson May 24 at Harrah's, Diana Ross June 20 at Caesars) and classic rockers (John Fogerty July 19 at Borgata, Rod Stewart Aug. 23 at Taj Mahal)
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