Ballance Named President/COO of Borgata
Monday October 15th, 2012 - 11:21AM
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ATLANTIC CITY, NJ—Tom Ballance is the new president and COO of the Borgata Hotel Casino & Spa, pending regulatory approval. Ballance joined the Borgata team as VP of development in 1998, and currently serves as SVP of administration. Prior to his time at the Borgata, he accrued 17 years of experience working at Harrah’s Atlantic City.
Ballance will report to Bob Boughner, EVP and chief business development officer of Boyd Gaming Corporation. Boughner has also served as Borgata’s president for several years. Keith Smith, president and CEO of Boyd Gaming, said in a statement: "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.”
Tags: Hospitality Brands
The most recent NYU Conference, earlier this month proved, once and for all, that the lodging industry has finally turned the corner and happy days are, indeed, here again. While the economists and pundits all provided plenty of anecdotal evidence to bear that out in terms of supply and demand ratios, RevPAR projections, asset values and all the other metrics, that’s not what has me convinced.