Borgata Hotel Casino & Spa today announced that Tom Ballance has been named
President and Chief Operating Officer, pending regulatory approval.
Ballance currently serves as Borgata's Senior Vice President of Administration.
He will report to Bob Boughner, Executive Vice President and Chief Business
Development Officer of Boyd Gaming Corporation, who has served as President of
Borgata for several years.
Ballance joined Borgata as Vice President of Development in 1998. Prior to
joining Borgata, he spent 17 years at Harrah's Atlantic City in a variety of
operations and development positions.
"Today's announcement allows Boyd Gaming to fully leverage the skills of two
talented executives," said Keith Smith, President and Chief Executive Officer of
Boyd Gaming. "Tom Ballance has helped position Borgata as the region's premier
gaming property, and his promotion reflects our ongoing commitment to Borgata
and Atlantic City. By assuming responsibility for Borgata's day-to-day
operations, Tom's promotion enables Bob Boughner to take on a larger role in the
management of Boyd Gaming, while still overseeing the operations of Borgata. Bob
is one of our industry's most experienced and effective executives, and we look
forward to having him play an expanded role at our Company as we prepare to
complete the acquisition of Peninsula Gaming."
"Tom Ballance is a seasoned executive, with more than three decades of operating
and development experience in the Atlantic City market," Boughner said. "I have
every confidence that Borgata will continue to maintain its position as the
region's leading entertainment destination under Tom's skilled leadership."
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