Hotels, Restaurants and Leisure
Company Overview of Marina District Development Company LLC
Marina District Development Company, LLC owns and operates the Borgata Hotel Casino and Spa; and The Water Club at Borgata in Atlantic City, New Jersey. The company’s facilities include 160,000 square feet of casino; and 2,767 guest rooms and suites comprising 1,970 guest rooms and suites at the Borgata hotel, and 797 guest rooms and suites at The Water Club. Its Borgata hotel features 5 fine-dining restaurants, 6 casual dining restaurants, 8 quick dining options, 14 retail boutiques, 2 European-style spas, 2 nightclubs, and approximately 8,200 parking spaces, as well as contains approximately 88,000 square feet of meeting and event space, and 2 entertainment venues. The company was incorpor...
One Borgata Way
Atlantic City, NJ 08401
Founded in 1998
Key Executives for Marina District Development Company LLC
President and Chief Operating Officer
Principal Financial Officer and Principal Accounting Officer
Chief Administrative Officer and Senior Vice President of Operations
Vice President and General Counsel
Compensation as of Fiscal Year 2014.
Marina District Development Company LLC Key Developments
Pala Interactive, LLC Announces Partnership with Borgata Hotel Casino & Spa
Nov 26 14
Pala Interactive, LLC and Borgata Hotel Casino & Spa have announced a partnership that will bring the Pala Interactive online gaming platform to the state of New Jersey. Pala Interactive has also been granted a Transactional Waiver by the New Jersey Division of Gaming Enforcement and will soon launch a real-money online gaming platform in New Jersey featuring both casino and poker.
Borgata Announces Earnings Results for the Third Quarter of 2014
Oct 30 14
Borgata announced earnings results for the third quarter of 2014. For the period, the company reported revenue increased by nearly 5%. The casino's revenues were $209.9 million in the quarter, including $6.1 million from its online gambling operation. Earnings before interest, taxes and other charges were $56.9 million in the third quarter, up more than 22% from a year ago.
Borgata Reports Earnings Results for the Second Quarter of 2014
Aug 22 14
Borgata reported earnings results for the second quarter of 2014. For the quarter, the company's operating profit at $43.2 million compared with $28.1 million in the second quarter last year.
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