Business

Atlantic City’s Borgata Cuts Work Force

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The Borgata Hotel, Casino, and Spa - Atlantic City, NJ - May 24, 2007 - Photo: SAUL LOEB/AFP/Getty Images

FILE – The Borgata Hotel, Casino, and Spa in Atlantic City, NJ (credit: SAUL LOEB/AFP/Getty Images)

ATLANTIC CITY, N.J. (AP) – Atlantic City’s dominant casino is cutting its work force by 3 percent. Borgata Hotel Casino & Spa blames declining business.

The company did not say what jobs would be eliminated.

The Press of Atlantic City reports the most recent employment figures compiled by the New Jersey Casino Control Commission show that Borgata had 6,685 workers in September. A 3 percent cut would equal about 200 jobs.

The Borgata’s parent company, Boyd Gaming Corp., reported Monday that Borgata’s net revenue shrank to $207.7 million in the third quarter. That’s a nearly 7 percent decline from a year ago.

(Copyright 2010 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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