December 19, 2014 9:17 PM ET

Hotels, Restaurants and Leisure

Company Overview of Marina District Development Company LLC

Company Overview

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

United States

Founded in 1998

5,833 Employees

Phone:

609-317-1000

Key Executives for Marina District Development Company LLC

President and Chief Operating Officer
Principal Financial Officer and Principal Accounting Officer
Age: 52
Director
Age: 53
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

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

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

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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