Borgata Appoints Two Vice Presidents

Dave Coskey and Drew Schlesinger

. October 14, 2008

ATLANTIC CITY, NJ, March 8, 2007. Borgata Hotel Casino & Spa, a joint venture of Boyd Gaming Corporation (NYSE: BYD) and MGM MIRAGE (NYSE: MGM), today announced the appointment of two executives to its senior management team. Dave Coskey has been named Vice President of Marketing for Borgata and Drew Schlesinger has been appointed as Vice President and General Manager of The Water Club at Borgata, an 800-room upscale, boutique hotel on schedule to open in early 2008.

The debut of The Water Club at Borgata will mark the completion of Borgata's $600 million master plan development and will be an exclusive extension to the sophisticated, international style that already defines Borgata. The Water Club boasts 800 upgraded rooms and suites, four unique pool environments, three residences inspired by chic city lofts, a two-story 36,000-square-foot spa, 18,000 square feet of meeting space, six retail shops, and will offer direct access to and from Borgata's amenities.

Commenting on the recent appointments, Larry Mullin, President and Chief Operating Officer, said: "I am pleased to announce Dave Coskey and Drew Schlesinger as part of our executive management team. Both gentlemen are outstanding individuals, established leaders, and bring to us a wealth of experience in their respective fields. I am confident that with their added expertise, Borgata is further positioned for continued growth and success."

Dave Coskey, Vice President of Marketing for Borgata

As Vice President of Marketing, Coskey will be responsible for all aspects of marketing including casino marketing, database and direct marketing, loyalty card center, public relations, advertising and special events.

Coskey brings over twenty years of senior management experience in the fields of marketing, advertising, and public relations in both the Philadelphia and Atlantic City markets. Most recently, he served as President of Dave Coskey Associates, an independent marketing and consulting firm with clients throughout the Northeast, and prior to that, President of Comcast Spectacor, LLC, where he was responsible for the marketing, communications and community relations efforts for sports teams Philadelphia 76ers and Philadelphia Flyers, while serving on The National Basketball Association Board of Governors. Throughout his career, Coskey has held a myriad of executive positions with organizations such as the Philadelphia 76ers, Trump Plaza in Atlantic City, and was a founding partner in Media Works Communications in Linwood, NJ.

Coskey is a graduate of Villanova University and holds a B.A. degree in Communications. He resides in Avalon, NJ, with his wife and three sons.

Drew Schlesinger, Vice President/General Manager for The Water Club at Borgata

As Vice President and General Manager of The Water Club, Schlesinger will oversee all aspects of the hotel including development, administration, recruitment, as well as the property's day-to-day operations.

Bringing a wealth of experience in the hospitality industry, Schlesinger most recently served as the Director of Operations and General Manager of Kimpton Hotels & Restaurants in New York City and Miami, responsible for the launch of Kimpton's first hotel in New York City, a four-star, 205-room luxury hotel. Prior to joining Kimpton Hotels and Restaurants, he held the General Manager position at hotels such as The Mondrian in Los Angeles, CA, Paramount Hotel in New York, NY and the Inter-continental Central Park South and Crowne Plaza Manhattan (Intercontinental Hotels Group) in New York City.

Drew holds a B.S. degree in Business Administration from Boston University.