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MGM Resorts International’s Borgata Hotel Casino & Spa Wins ‘Property Of The Year’ Honors At 2018 Global Gaming Expo

George Miller

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Borgata Hotel Casino & Spa Wins 'Property Of The Year' Honors At 2018 Global Gaming Expo
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Borgata made history in June, becoming the first Atlantic City casino to accept retail sports wagers

 

MGM Resorts International’s Borgata Hotel Casino & Spa was named the 2018 “Property of the Year” during the Global Gaming Awards at the Global Gaming Expo.

This honor caps an already historic year for Borgata. Celebrating its 15th year of operations, the unparalleled East Coast resort continues to raise the bar in Atlantic City years after its momentous debut, offering guests an electrifying summer season of the biggest names in entertainment, exclusive culinary experiences, and unique casino promotions and special events.

In June, Borgata made history, becoming the first Atlantic City casino to accept legal sports wagers under New Jersey’s new sports betting law, which followed a U.S. Supreme Court ruling in May that struck down a federal ban on sports wagering.

“Congratulations to the team at Borgata for this remarkable achievement. This award is a testament to Borgata’s world-class offerings and showcases MGM Resorts’ leadership in markets throughout the United States and around the world,” said Jim Murren, Chairman and CEO of MGM Resorts International. “We are committed to being the industry leader in every market in which we operate, and we look forward to creating new, innovative and groundbreaking opportunities in New Jersey and nationwide.”

Fifteen years after blazing a trail as a leading entertainment destination, Borgata continued the tradition this summer with a line-up of world-class artists and events, including performances by Britney Spears, Cher, Barry Manilow, Jerry Seinfeld, Dave Chappelle, Camila Cabello, and Ringo Starr, as well as a full calendar of Savor Borgata Culinary Series events featuring exclusive celebrity-chef hosted dinners and tasting events and an outdoor food festival.

Marcus Glover, President and Chief Operating Officer for Borgata Hotel Casino & Spa said, “This award is welcome validation of the hard work contributed by every member of our Borgata team as we celebrate 15 years of leadership and innovation in Atlantic City. Since entering the market in 2003, Borgata has made it our mission to grow and invest in not only our property and product, but in our team members and guests; offering an unrivaled experience to anyone who walks through our doors.”

The Global Gaming Awards are powered by Gambling Insider and presented to the industry in association with the Global Gaming Expo (G2E). The global contest recognizes land-based and digital businesses for their achievements in the gaming industry over the previous year.

“Borgata is a stalwart of the Atlantic City Market. To have Borgata and MGM here with us is an absolute honor and a sign of the stature of these awards,” said David Cook, Editor of Gambling Insider. “It’s great to see Borgata and MGM victorious here today.”

Winners of the award categories were selected by a committee of 60 judges spanning the spectrum of the global gaming industry. Each category contained a list of 10 finalists with tabulations conducted by KPMG Gibraltar to ensure accuracy and transparency.

 

About Borgata Hotel Casino & Spa:

Located in Atlantic City’s Marina District, Borgata Hotel Casino & Spa features 2,000 guest rooms and suites; 161,000 square feet of gaming; 184 table games; 3,026 slot machines; a 75+ table poker room; 11 retail boutiques; 5 acclaimed fine dining restaurants by renowned chefs; 10 casual dining options; a 54,000 square foot spa; 88,000 square feet of event space; 20,000 square foot indoor/outdoor pool and garden; 32,000 square foot outdoor pool; 4 signature nightlife experiences; and parking for 7,100 cars. The market-leading resort also features Atlantic City’s first cosmopolitan hotel experience, The Water Club at Borgata, with 800 guest rooms and suites; a 36,000 square foot spa; 18,000 square feet of meeting space; 6 designer retail boutiques; and 5 heated indoor and outdoor pools. Borgata offers online gaming within the state of New Jersey through its real-money gaming sites, BorgataCasino.com and BorgataPoker.com as well as free-to-play simulated gaming with BorgataFreeCasino.com. Borgata is an indirect wholly owned subsidiary of MGM Resorts International (NYSE: MGM). For more information about Borgata, please visit theborgata.com or follow Borgata on Facebook and Twitter.

About MGM Resorts International:

MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 28 unique hotel offerings including some of the most recognizable resort brands in the industry. Expanding throughout the U.S. and around the world, the company in 2018 opened MGM Springfield in Massachusetts, MGM COTAI in Macau, and the first Bellagio-branded hotel in Shanghai. The 81,000 global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine’s World’s Most Admired Companies®. For more information visit us at www.mgmresorts.com.

 

Source: MGM Resorts International

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

US domestic casinos record a revenue of $42.7 billion in 2018

Niji Ng

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US domestic casinos record a revenue of $42.7 billion in 2018
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Domestic commercial casinos in the USA posted a revenue of nearly $42.7 billion in 2018, marking an increase of 4 per cent year on year. This is also the highest ever total for the country’s gambling industry.

The Adams Revenue Revue, prepared by Reno-based gaming analyst and consultant Ken Adams for CDC Gaming Reports, indicates that 23 commercial casino markets reported gross gaming revenue (GGR) totalling $42.69 billion.

Adams termed 2018 as “a good year,” with increased earnings stemming from the opening of new casinos in Atlantic City, Massachusetts, and New York. The $42.7 billion win is a $1.5 billion premium on 2017’s total haul.

December revenue was fuelled by the introduction of new casinos, more (slot machine-like) VLTs, and, in the last half of the year, by sports betting, Adams wrote.

Despite the US gaming industry’s best casino revenue win in the nation’s history, associated stocks do not reflect the same prosperity. A downward second half for the US stock market pushed shares lower for major operators including MGM Resorts, Caesars Entertainment, Wynn Resorts, and Las Vegas Sands.

Nevada, the richest casino state in America, reported $11.9 billion in GGR last year, its third highest mark in history. Despite the Silver State losing its monopoly on sports betting following the Supreme Court’s repeal of the federal ban last May, Nevada sportsbooks recorded a record $5 billion handle, and record $301 million win.

Pennsylvania commercial casinos enjoyed their best year in history, with GGR totaling $3.24 billion.

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Gambling in the USA

Scientific Games to Reschedule Investor Conference Call on Thursday, February 21, 2019 to 8:30 a.m. Eastern Time

George Miller

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Scientific Games to Reschedule Investor Conference Call on Thursday, February 21, 2019 to 8:30 a.m. Eastern Time
Photo Source: OJO Images / Rex Features
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Scientific Games Corporation announced it is rescheduling the release of results for its fourth quarter ended December 31, 2018 on Thursday, February 21, 2019 to before the market opens. The Company will host an investor conference call and simultaneous webcast that day at 8:30 a.m. Eastern Time to discuss these results. The call was originally scheduled for Thursday, February 21 at 4:30 p.m. Eastern Time. Analysts and investors on the conference call will have an opportunity to ask questions.

We encourage participants to pre-register for the conference call by using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator.  Participants may pre-register at any time, including up to the call start time. To pre-register, click here: Scientific Games Investor Call.

Investor Conference Call

Thursday, February 21, 2019

8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time

Those without internet access or unable to pre-register may dial in by calling: 

All participants:  +1 (412) 317-5420

Conference ID: Scientific Games Corporation Investor Call

Webcast:

To access the live webcast of the call, please visit the Company’s website at www.scientificgames.com and click on the webcast link under the investor information section. A replay of the webcast will be available approximately one hour after the webcast and will be archived on the Company’s website.

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Gambling in the USA

Hard Rock Hotel & Casino Sacramento at Fire Mountain Holds Historic Topping Off Ceremony

George Miller

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Hard Rock Hotel & Casino Sacramento at Fire Mountain Holds Historic Topping Off Ceremony
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Commemorates partnership between The Seminole Tribe of Florida and Enterprise Rancheria

 

Hard Rock Hotel & Casino Sacramento at Fire Mountain held a topping off ceremony on Feb. 13, 2019, to celebrate reaching this major construction milestone in the project. The highly-anticipated property is slated to be the premier entertainment destination in Northern California once it opens in fall of 2019.

“I want to thank everyone involved in this momentous development,” said Mark Birtha, president of Hard Rock Hotel & Casino Sacramento at Fire Mountain. “It is such an incredible feeling of pride and excitement seeing it coming to life. I know this property is going to be a landmark in the region and a shining representation of all the Hard Rock brand has to offer.”

During the event, the final beam, signed by tribal members, was grandly lifted up by a crane to the top of the structure. As part of the ceremony, Hard Rock executives and tribal council recognized the construction workers’ incredible efforts and commitment to the project. The topping off event also commemorated the historic partnership between two Native American Tribes — The Seminole Tribe of Florida, owners of Hard Rock International and Enterprise Rancheria.

“This is truly a great day for our Tribe and community and for the workers, customers and business partners of our region,” said Enterprise Rancheria Tribal Chairperson Glenda Nelson. “Partnering with Hard Rock and the Seminole Tribe is a real game changer with their world-recognized brand, commitment to premium quality experiences across a full spectrum of hospitality and entertainment options, and unique corporate values make them a dream partner for us.”

Situated in the North Sacramento Valley, the property will offer the latest in live music and entertainment, hospitality, world-class gaming and exceptional cuisine. It will feature a hotel with multiple suite offerings, a large gaming facility with over 1,800 slot machine and table game positions, along with an outdoor pool and deck area, large meeting space and a great selection of bars and restaurants. The property also includes signature brand amenities like the Rock Shop® and Body Rock® fitness center.

Hard Rock Hotel & Casino Sacramento at Fire Mountain is expected to create more than 2,000 construction jobs upon its completion, with nearly 750 working at peak times on the project any given day. The development includes approximately 1,500 tons of steel (1/10th the weight of the Brooklyn Bridge steel), 15,000 cubic yards of concrete (if paved, would stretch to downtown Sacramento), 550 tons of rebar steel (laid from end to end, would stretch to San Francisco), 120 miles of electrical conduit, as well as 380 miles of wire and cabling (would stretch from Sacramento to Los Angeles) being used for the project. Upon opening later this year, the hotel-casino will employ over 1,000 full-time and part-time team members.

 

Source: Hard Rock International

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