With the move, Park Place has created the largest casino/hotelproperty in this gaming mecca--more than 1,750 rooms, some 180,000sf of casino space and 4,000 parking spaces. Physically tying thetwo properties together is a new walkway, built at a cost of anestimated $25 million.

The move further entrenches Park Place's boardwalk propertiesagainst new competition coming from the city's Marina District,including the massive $1 billion Borgata, slated to open in themiddle of next year. Park Place's boardwalk empire now stretchesfrom the combined Bally's and Claridge properties, to Caesar's, andon to the Million Dollar Pier. Most recently known as the Ocean OneMall, the latter will shortly undergo a major renovation.

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