Mullin new Borgata COO

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Larry Mullin, a veteran Atlantic City gaming
executive, has been promoted to executive vice president, chief operating
officer of the Borgata Hotel Casino & Spa. The appointment was announced by
Bob Boughner, Borgata’s CEO.

The Borgata, Atlantic City’s only destination resort, is a
joint venture between Boyd Gaming Corporation (BYD), the managing partner, and
MGM MIRAGE Inc. (MGG).

Mullin, former president and chief operating officer of the
Trump Marina Hotel/Casino, originally joined the Borgata management team as
director of marketing and the Borgata Rewards Program.

Hall of Fame jockey Chris McCarron has resigned from
his post as general manager of Santa Anita Park but will join the track’s
parent company, Magna Entertainment Corp. (MECA), as its vice president of
industry relations.

Replacing McCarron, who took the job about 18 months ago,
will be long-time Santa Anita employee George Haines whose most recent
position has been as assistant general manager.

For a number of years, Haines was a second-generation mutuels
manager at Santa Anita.

Also stepping down from his chief executive post at the New
York Racing Association is Barry Schwartz. He said he will be leaving on
Dec. 31.

NYRA has the franchise to operate New York State’s three
major thoroughbred tracks, Belmont Park, Aqueduct and Saratoga.

No announcement was made relative to Schwartz’ successor
although some who are close to the situation have suggested that a formidable
candidate is Steve Duncker, a former Goldman Sachs partner who has served as
co-chief operating officer in a move to restore the company’s credibility in
light of recent allegations of mismanagement.

Tim Smith, who was responsible for the formation and
development of the National Thoroughbred Racing Association, was expected to
succeed Schwartz but a month ago he withdrew his name from consideration.

Peter M. Carlino, the second generation chairman and
CEO of Penn National Gaming Inc. (PENN), has been named “Best Performing
CEO for 2004” by HVS Executive Search, a human resources consulting firm.

Carlino was responsible for transforming his company from
being a minor operator of racetracks into one of the country’s leading gaming
companies.

Mexican federal agents have arrested Gustavo Ponce, a
former Mexico City finance secretary, who disappeared after being shown on
videotape spending lavishly in Las Vegas casinos where he was known as a major
tipper.

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