Release: Biggest bad beat hit at Borgara

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largest bad beat jackpot in ac history hits at borgata

Local Ocean City Man Wins $122,487.00 in Record-Setting Prize

Atlantic City, NJ (February 11, 2009) – Borgata Hotel Casino & Spa announced today an Ocean City, NJ man won $122,487.00 in the largest Bad Beat jackpot in Atlantic City history.

Winner Michael Richard may have lost the pot of around $800.00, as his quad 7’s were beaten by William Stewart’s quad 10’s. However, in a game where luck plays as much a part as skill, he walked away with $122,487.00 as the Borgata Bad Beat Jackpot winner, taking home his large share of the record-setting $306,225.00 jackpot.

On Tuesday evening around 9PM in the Borgata Poker Room nine players were dealt a hand in a $2-$5 No Limit Hold’em game. William Stewart of Brigantine, NJ, was dealt 10c 10d, while Michael Richard was dealt 7c 7s. The flop came out with 10s 7h 2s and both players went all-in. The turn showed a 10h. The river was a 7d.

In addition to winning the hand, William Stewart also took home an additional $61,245.00. The remaining seven players at the table each took home $17,499.00.

Stan Strickland, Director of Poker Operations at Borgata commented, “What’s unique about this situation is that the Bad Beat Jackpot hit on a $2-$5 No Limit game; that’s not common. Just goes to prove that anything is possible. We are looking forward to the next Bad Beat.”

About Bad Beat
The Bad Beat shall apply to the game of Texas Hold’Em only. “Bad Beat” means a high ranking poker hand that is beat by a higher ranking hand (e.g., Four Deuces losing to Four Nines). In order for a hand to be eligible to qualify for a Bad Beat, the pot must meet a minimum of $20. A minimum of four players must be seated and dealt in at the beginning of the hand in order to qualify for the Bad Beat. To qualify for the Bad Beat Jackpot, a player must have four Deuces or better beaten. If the winning or losing player has made a Four-of-a-Kind, that player must have a pocket pair to qualify (example: if a player has four Eights, he/she must have a pocket pair of Eights with two Eights on the board). Both the winning and losing hands must use both of their hole cards to create the highest possible hand.

About Borgata Hotel Casino & Spa
Borgata is a joint venture of Boyd Gaming Corporation (NYSE: BYD) and MGM MIRAGE (NYSE: MGM). Located at Renaissance Pointe in Atlantic City, it features 2,000 guest rooms and suites; 161,000 square feet of gaming; 182 gaming tables; 4,100 slot machines; an 85-table poker room; 11 retail boutiques; 6 acclaimed fine dining restaurants by renowned chefs; 6 casual dining options; a 54,000 square foot spa; 70,000 square feet of event space; 4 signature nightlife experiences; and parking for 7,100 cars. The resort also features Atlantic City’s first non-gaming, cosmopolitan hotel experience, The Water Club, A Signature Hotel by Borgata, with 800 guest rooms and suites; food and beverage by renowned chef Geoffrey Zakarian; a 36,000 square foot spa; 18,000 square feet of meeting space; 6 designer retail boutiques; and 5 heated indoor and outdoor pools.

For more information on Borgata or to obtain a copy of this press release, please visit www.theborgata.com or use AOL keyword: borgata. Additional news and information on Boyd Gaming can be found at www.boydgaming.com; additional information on MGM MIRAGE can be found at www.mgmmirage.com.