Boyd Corp. moves forward with Atlantic City resort plans

ATLANTIC CITY, N.J. -- Boyd Gaming Corp. filed a site plan application with the Division of Planning here, moving forward with the development of its $750 million casino resort -- the Borgata -- in the city's Marina district.

The procedure is important because it enables Boyd to establish a construction time line, according to William Boyd, chairman and chief executive officer of Boyd Gaming.

"We intend to break ground in the second quarter of 2000 and expect to open in 2002," he said.

Boyd added that the Borgata would be the first entirely new casino hotel to open in Atlantic City since 1990. Plans for the resort call for about 1,200 hotel rooms and suites; a casino with 108 gaming tables and 3,000 slot machines.

Also planned for the resort are eight destination restaurants, 12 retail shops, 4,100 parking spaces, a European-style spa, a special event center and meeting and banquet facilities.

The new resort is expected to be modeled after the elaborate style of the latest properties in Las Vegas such as the Paris and the Venetian casino resorts.

Based in Las Vegas, Boyd Gaming Corp. is the owner and/or developer of 11 casino properties in Nevada, Mississippi, Illinois and Louisiana.

Boyd Gaming Corp.
Phone: (800) 758-5804

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