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Park Place Says Borgata Hasn't Hurt Business in NJ17 July 2003LOS ANGELES -- As reported by Reuters: ``Park Place Entertainment Corp. (NYSE:PPE), the largest global casino operator, has not seen a downturn in business in Atlantic City despite the opening of the rival Borgata casino at the beginning of July, Chief Executive Wally Barr said on Tuesday ``The head of the company, which plans to change its name to Caesars Entertainment, after its flagship casino, said business in the New Jersey gambling center was ahead of last year and on budget for the first two weeks of the third quarter..." |