July 27, 2016 2:49 AM 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 6 fine-dining restaurants, 6 casual dining restaurants, 8 quick dining options, 16 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

5,709 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: 54
Director, Chief Executive Officer of Boyd Gaming Corporation, President of Boyd Gaming Corporation, President of Marina District Finance Company, Inc and Director of Boyd Gaming Corporation
Age: 55
Chief Administrative Officer and Senior Vice President of Operations
Vice President and General Counsel
Compensation as of Fiscal Year 2016.

Marina District Development Company LLC Key Developments

Borgata Hotel Casino & Spa Announces Opening of Borgata Beer Garden & Outdoor Pool and the Marketplace Eatery

Borgata Hotel Casino & Spa announced details regarding the opening of its Borgata Beer Garden & Outdoor Pool, as well as The Marketplace Eatery. Set to debut on July 1st, Borgata Beer Garden will introduce guests to a distinctively refreshing concept unique to the Marina District. Open daily to the public, Borgata Beer Garden will feature a full-service canopied bar serving more than 15 craft and domestic beers.

Marina District Development Company LLC Opens $14 Million Premier Nightclub

Marina District Development Company LLC announced that on April 8, 2016 it is opening $14 million Premier Nightclub. Designed by Josh Held, the 18-000-square-foot venue will combine previous entertainment space with newly excavated volume. Premier's main room will be flanked by two 35-foot-long bars with carved-stone faces and pierced-metal and mirrored back bars, as well as tiered booths focused on the deejay booth, stage, and digital proscenium. An internal monumental staircase with hand-welded bronze filigree will take guests upstairs to the horseshoe- shaped mezzanine. A custom 6-foot-diameter disco ball will shine as the grand showpiece in the heart of Premier, surrounded by a first-of-its-kind 25-foot-diameter chandelier made from programmable light.

Borgata Hotel Casino & Spa Announces over $50 Million in Property Development for 2016

Borgata Hotel Casino & Spa announced 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 Cafeteria Food Court into a new casual dining eatery.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 31, 2016
Real Estate Assets Related to Borgata Hotel Casino & Spa
 

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