William S. Boyd, Chairman and Chief Executive Officer of Boyd Gaming, commented on the opening, "Borgata has been a defining project for our Company. I am so proud of what we have accomplished since first announcing this development in 1996. I can't think of a better way to celebrate Atlantic City's 25 year anniversary than with the opening of Borgata."
Terry Lanni, Chairman and Chief Executive Officer of MGM MIRAGE said, "We couldn't be more proud of our association with our friends and colleagues at Boyd Gaming Corporation. If Borgata stands for anything, it is the promise that Atlantic City will become an engaging center of travel, leisure and entertainment...a place where visitors can come to escape, indulge and play."
A joint venture between Boyd Gaming and MGM MIRAGE, Borgata features 2,002 guest rooms and suites, 125,000 square feet of gaming, 145 gaming tables, 3,650 slot machines, 11 destination restaurants, 11 retail boutiques, a 50,000 square foot spa, 70,000 square feet of event space and parking for 7,100 cars.
Headquartered in Las Vegas, Boyd Gaming Corporation (NYSE: BYD) is a leading diversified owner and operator of 13 gaming entertainment properties located in Nevada, Mississippi, Illinois, Indiana, Louisiana and New Jersey. Boyd Gaming recently opened "Borgata" (AOL keyword: borgata or www.theborgata.com ), a destination hotel in Atlantic City, through a joint venture with MGM MIRAGE. Boyd Gaming press releases are available at www.prnewswire.com. Additional news and information on Boyd Gaming can be found at www.boydgaming.com.
MGM MIRAGE (NYSE: MGG), one of the world's leading and most respected hotel and gaming companies, owns and operates 14 casino resorts located in Nevada, Mississippi, Michigan and Australia, and has investments in two other casino resorts in Nevada and New Jersey. The company is headquartered in Las Vegas, Nevada, and offers an unmatched collection of casino resorts with a limitless range of choices for guests. Guest satisfaction is paramount, and the company has approximately 43,000 employees committed to that result. For more information about MGM MIRAGE, please visit the company's website at http://www.mgmmirage.com .
Statements in this release which are not historical facts are "forward looking statements and "safe harbor statements" under the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including risks and/or uncertainties as described in the Company's public filings with the Securities and Exchange Commission. Additional factors that could cause actual results to differ are discussed under the heading "Investment Considerations" and in other sections of the Company's Form 10-K for the fiscal year ended December 31, 2002 on file with the Securities and Exchange Commission, and in its other periodic reports filed from time to time with the Commission. All forward-looking statements in this document are made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement.