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Borgata and Flay s hospitality group, Bold Food, made the mutual decision to close the restaurant as part of the companies evolving business strategies, the Borgata said.
The day after the closure, a temporary new concept owned by the Borgata and MGM Resorts International will take over the space. Details about the restaurant were not immediately available.
The pending closure comes after a tumultuous year for the casino industry in Atlantic City. The coronavirus pandemic sank profits by about 80% in 2020. The Borgata posted an operating profit of $650,000, down 99.7% from 2019.
As many of Atlantic City s nine casinos reopened last summer, the Borgata waited an additional three weeks to ensure that its safety protocols were sufficient. The casinos are still limited to 50% capacity.