MGM Resorts International's Borgata Hotel Casino & Spa today became the first Atlantic City casino to accept a legal sports wager under New Jersey's new sports betting law, bringing MGM Resorts' decades of sports book experience and industry-leading operations to the Garden State.
"MGM Resorts has been an industry leader in sports wagering for decades and we are well-positioned for this exciting opportunity in New Jersey and additional new markets," said Jim Murren, MGM Resorts chairman and CEO. "We have long been committed to delivering the best sports entertainment experience in the industry, and we look forward to bringing our expertise to resorts throughout the country."
MGM Resorts brings more than 25 years of sports book experience to Borgata's new operation. The company's Nevada sports books write a combined 4 million wagers each year. The total dollar amount of those sports wagers exceeds $1 billion annually.
The historic honor of placing the first sports wager at an Atlantic City casino went to Hall of Fame basketball innovator Julius "Dr. J" Erving. A Philadelphia 76ers legend and a long-time Borgata guest, Dr. J was invited by the resort to place the historic bet.
"As Borgata celebrates 15 years as a leader and innovator in the Atlantic City market, we couldn't be more excited to bring this best-in-market sports book environment to New Jersey for our customers to enjoy," said Marcus Glover, Borgata Hotel Casino & Spa president and chief operating officer. "Having spent decades successfully operating sports books in Nevada and building trust with both customers and regulators, Borgata and MGM Resorts are poised to be a leader in sports wagering."
As the only Atlantic City casino with an existing race book, Borgata was uniquely prepared to quickly begin operations. The Borgata Race Book is now The Borgata Race & Sports Book and will remain in its existing location.