![]() Second of all, it presents an opportunity for MGM to expand an online gambling presence with Borgata Hotel Casino & Spa already possessing a license to conduct Internet gaming operations in New Jersey. First of all, it allows MGM Resorts International, the largest casino operator based on the Las Vegas strip, to entirely own and control Atlantic City's best performing casino. The deal is notable for MGM for many reasons. In April, Boyd Gaming announced the acquisition of Aliante Casino Hotel & Spa in North Las Vegas and followed it up with the purchase of the Las Vegas assets of Cannery Casino Resorts LLC at a price of $230 million. Borgata may come off the books for Boyd Gaming, but the company has been very active purchasing properties in 2016.
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