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Borgata

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NEWS
September 15, 2014 | By Amy S. Rosenberg, Inquirer Staff Writer
ATLANTIC CITY - Inside Boardwalk Hall, Miss Kentucky fiddled. Go ahead, make the joke. Was Ramsey Carpenter and her green fiddle the Boardwalk's version of Nero, fiddling while Atlantic City collapsed? Was the entire Miss America Organization using its collective blinders to soldier on last week, even as thousands of casino workers were losing their jobs and yet another casino went bankrupt before a contestant had even shown one shoe? Never mind. (Contestants who were supposed to stay at the defunct Revel were sent to Borgata.)
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.
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NEWS
September 15, 2014 | By Amy S. Rosenberg, Inquirer Staff Writer
ATLANTIC CITY - Inside Boardwalk Hall, Miss Kentucky fiddled. Go ahead, make the joke. Was Ramsey Carpenter and her green fiddle the Boardwalk's version of Nero, fiddling while Atlantic City collapsed? Was the entire Miss America Organization using its collective blinders to soldier on last week, even as thousands of casino workers were losing their jobs and yet another casino went bankrupt before a contestant had even shown one shoe? Never mind. (Contestants who were supposed to stay at the defunct Revel were sent to Borgata.)
ENTERTAINMENT
September 6, 2014 | By David Hiltbrand, Inquirer Staff Writer
Catch Joel McHale while you can. The hardest-working funnyman in show business is taking advantage of a rare lull in his schedule to bring his stand-up act to the Music Box at the Borgata for two shows (7 and 10 p.m.) on Sept. 13. Soon production will begin on the sixth season of Community , which is moving from NBC to Yahoo Screen this year. The Soup , the weekly show he has hosted for 10 years on E!, will be back in full swing. And he's increasingly active in movies like Blended and Deliver Us From Evil . "I'm one of those people who can't relax very well," says McHale, 42, on the phone from his home in Los Angeles.
NEWS
September 3, 2014 | By Harold Brubaker, Inquirer Staff Writer
ATLANTIC CITY - As the final guests checked out of the Revel Casino Hotel on Monday morning, some said they were convinced that the $2.4 billion bankrupt property would reopen under a new owner. "I don't think it's going to stay closed," said Paul Hergen, 42, who, with his wife and 3-year-old daughter, was enjoying Revel's two-acre landscaped patio and its wide views of the Atlantic Ocean. "I think it's the most amazing property there's ever been in Atlantic City," said Hergen, of Greenwich, Conn., who said he has been coming to Atlantic City since he was 18. Hergen and other hotel guests were scheduled to check out by 11 a.m. Monday.
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.
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