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Borgata Opening Date Still a Mystery

12 June 2003

ATLANTIC CITY, New Jersey – As reported by the Associated Press: “New Jersey casino regulators granted a license to the Borgata Hotel Casino & Spa on Wednesday, dealing a new player into the game for the first time in 13 years.

“Exactly when the dice will begin rolling at the $1 billion casino resort, however, remains one of Atlantic City's best-kept secrets.

“`Today is a day long anticipated in Atlantic City, New Jersey and throughout the entire gaming industry,’ Borgata attorney Lloyd Levenson told members of the state Casino Control Commission. `Even though they say time flies, 13 years is a long time between casino openings.’

“...Borgata, a joint venture of Las Vegas casino companies MGM MIRAGE and Boyd Gaming Corp., is a 2,002-room behemoth whose 480-foot hotel tower and 40-acre footprint have already shaken up the Atlantic City casino market, triggering multimillion-dollar improvement projects by jittery competitors.

“…No opening date has been set, although [Borgata CEO Robert Boughner] said it would be between July 1 and July 11.

“Independence Day -- a three-day weekend this year -- has traditionally been one of the casinos' most lucrative weekends, but Boughner refused to commit to it Wednesday…”

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