VEGAS INC coverage
Boyd Gaming said today that longtime executive Bob Boughner will expand his role with the company now that a new president has been named for the Borgata Resort in Atlantic City.
Boughner is executive vice president and chief business development officer for Boyd. He also has served for several years as president of Borgata, a Boyd/MGM Resorts International joint venture.
Tom Ballance, Borgata senior vice president of administration, today was named president and chief operating officer of Borgata. He will report to Boughner.
"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," Boyd CEO Keith Smith said in a statement. "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."
Boyd said in May it was buying Peninsula, which has casinos in the Midwest and South, for $1.45 billion.
One of Boughner's areas of influence at Boyd is Internet poker. He was one of the Boyd executives who outlined the company's plan to enter the industry during an Oct. 3 meeting of Nevada's State Gaming Control Board.