Borgata Hotel Casino & Spa | June 21, 2022
ATLANTIC CITY, NJ – June 21, 2022 – Borgata Hotel Casino & Spa has announced the promotion of Chris Rynkiewicz to Vice President and Chief Financial Officer. In his new role, Rynkiewicz will oversee all functions and departments of the property’s Finance Division while developing and implementing Borgata’s strategic plan with its executive team to produce both short-term and long-term profitability. “Chris has over two decades of experience at Borgata, and his institutional knowledge and expertise are invaluable as we work to elevate Borgata to new levels,” said Travis Lunn, President & COO of Borgata. “Chris values th...
January 6, 2022
ATLANTIC CITY, NJ., (January 5, 2022) – MGM Resorts International has announced the appointment of Travis Lunn as President & Chief Operating Officer (COO) of Borgata Hotel Casino & Spa. He will oversee the resort’s daily operations and provide strategic leadership and direction. Lunn will assume the role previously held by Melonie Johnson, who is returning to the company’s MGM National Harbor property as President & COO. Most recently, Lunn served as the MGM Resorts Southeast Group President & COO, where he led Beau Rivage Resort & Casino in Biloxi, Mississippi and Gold Strike Casino Resort in Tunica, Mississi...
MGM Growth Properties LLC and MGM Resorts International Complete Transactions for Acquisition of Borgata Hotel Casino & Spa
MGM Growth Properties LLC | August 2, 2016
LAS VEGAS, Aug. 2, 2016 -- MGM Growth Properties LLC (NYSE: MGP) and MGM Resorts International ("MGM Resorts") (NYSE:MGM) completed the transactions for the acquisition of Borgata Hotel Casino & Spa ("Borgata") following MGM Resorts' purchase of Boyd Gaming's stake in Borgata. MGP acquired Borgata's real property from MGM Resorts and leased back the real property to a subsidiary of MGM Resorts that will operate that property. MGP funded the acquisition of the Borgata real property and refinanced its assumption of $545 million of debt from a subsidiary of MGM Resorts with $260 million of cash on hand, ...
MGM Resorts and MGM Growth Properties to Acquire 50% Stake in Borgata Hotel Casino & Spa for $900 Million
MGM Resorts International | June 1, 2016
LAS VEGAS, June 1, 2016 -- MGM Resorts International (NYSE: MGM) and MGM Growth Properties LLC (NYSE: MGP) today announced that MGM Resorts has entered into a definitive agreement to acquire Boyd Gaming Corporation's ("Boyd Gaming") (NYSE:BYD) 50 percent interest in Borgata Hotel Casino & Spa ("Borgata") in Atlantic City, New Jersey for consideration of $900 million. Further, MGM Resorts and MGP have entered into a definitive agreement whereby, following the completion of the acquisition of Boyd Gaming's interest, MGP will acquire Borgata's real property from MGM Resorts and lease back the real proper...
Borgata Hotel Casino & Spa | January 27, 2016
ATLANTIC CITY, N.J., Jan. 27, 2016 -- Atlantic City's market-leading resort destination, Borgata Hotel Casino & Spa announced today plans to invest over $50 million into the improvement of its property throughout 2016. Borgata will commit significant capital investment across a broad range of projects – including the launch of its new nightlife experience, Premier Nightclub; a new fine dining concept with Chef/Partner Michael Symon; 25,000 square feet of meeting and convention space; and a spectacular brand new outdoor pool. Furthermore, Borgata will partner with Siganos Management, Inc. on a transformation of The Cafeteri...
Borgata Hotel Casino & Spa | September 24, 2013
NEW YORK - Sep 23, 2013- Infor, a leading provider of business application software serving more than 70,000 customers, today announced that Borgata Hotel Casino & Spa, in in Atlantic City, has selected Infor Hospitality to help create a more efficient time and attendance management system. Infor Time and Attendance for Casinos and Infor Workforce Performance will help the organization to reduce payroll costs, automate pay rules, and provide clear visibility into every aspect of labor. News Points: "From full-service hotels, to gaming, to alternative lodging, specialized applications from Infor Hospitality give our customers the dep...
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