Atlantic City, NJ - February 21, 2006 - After igniting Atlantic City's revival with its 2003 opening as the first new resort in 13 years, Borgata Hotel Casino and Spa - a joint venture between Boyd Gaming and MGM MIRAGE - today announced details of the second phase of its two-part expansion project including the identity of a $325 million hotel tower to be named The Water Club at Borgata.  Scheduled to debut in fourth quarter 2007, The Water Club at Borgata, will mark the completion of the property's $525 million master plan development.

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