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Nov 7, 2008 8:43 am US/Eastern
Borgata Lays Off 400 Workers
ATLANTIC CITY (AP) ―
The Borgata Hotel Casino and Spa, Atlantic City's newest and most successful casino, has laid off 400 workers due to the worsening economy.
The cuts, which were carried out on Wednesday, eliminated 5 percent of the Borgata's work force.
Rob Stillwell, a spokesman for Boyd Gaming, the co-owner of the Borgata, says the layoffs were the first in the casino's five-year history.
He says the company did everything it could to deal with the plunging revenue and fierce out-of-state competition that are plaguing all 11 Atlantic City casinos.
Several other Atlantic City gambling halls have also laid off workers this year. The number of citywide casino workers fell here by 951 in October alone, though not all those were due to layoffs.
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