Margaritaville Resort Casino Selects a Tutor Perini Corporation Subsidiary as General Contractor

February 22, 2012

SYLMAR, Calif.-- (BUSINESS WIRE) -- Feb. 22, 2012 -- Tutor Perini Corporation (NYSE: TPC) a leading civil and building construction company, today announced that its subsidiary, Roy Anderson Corp, was awarded a $97 million contract for the construction of the Margaritaville Resort Casino and Hotel Resort in Bossier City, Louisiana, which has a total development value of $197 million. Construction operations will begin immediately and will extend for approximately 16 months, with a targeted opening date in June 2013.

The resort will feature a 30,000 square foot, single-level gaming floor with more than 1,300 slot machines and 46 table games as well as the famous “It’s 5 O’Clock Somewhere” bar. The project will also feature a 396-room, 18 story hotel, a 900-seat state of the art entertainment venue, spa and fitness center, outdoor pool deck and dining area, dramatic landscaping and four food & beverage outlets, including the trademarkMargaritaville Restaurant.

The Margaritaville Resort Casino in Bossier City will be the third and largest Margaritaville-themed casino, with one location open in Las Vegas, Nevada and another expected to open within the next few months inBiloxi, Mississippi, also constructed by Roy Anderson Corp. The Margaritaville Resort Casino project will be located on the Red River, adjacent to the Louisiana Boardwalk—the largest outdoor shopping, dining and entertainment development in Louisiana.