Hill International to Support the Tule River Tribe Gaming Authority’s Relocation of the Eagle Mountain Casino to New Site

Rhea-AI Summary

Hill International (NYSE:HIL) has secured a $200 million contract from the Tule River Tribe Gaming Authority to support the relocation of the Eagle Mountain Casino. This project, located 17 miles from its current site, includes constructing a new 2,000-seat Event Center, restaurants, and gaming facilities for 1,750 slot machines and 20 table games. Hill will provide various services including construction management and quality control, aiming to enhance tourism as the industry recovers from the pandemic.

Positive

• Awarded a $200 million contract for the Eagle Mountain Casino relocation project.
• Experience with Native American gaming projects may lead to successful execution.

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• None.

PHILADELPHIA and PORTERVILLE, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), delivering the infrastructure of change, announced today it was awarded a contract by the Tule River Tribe Gaming Authority to provide owner’s representative services for Phase 1 of the relocation of the Authority’s Eagle Mountain Casino.

Valued at $200 million, the project will “relocate” casino operations to a new site approximately 17 miles from the current location. The first phase of the work includes building a new 2,000-seat Event Center, River Steak House, coffee house, 24-hour diner, sports bar and grill, and gaming spaces for 1,750 slot machines and 20 table games. Hill’s services will encompass construction management, scheduling, estimating and cost management, quality control, planning and coordination with third-party providers, and contract administration, among others.

“This project shows the strength of the Eagle Mountain Casino experience specifically and the return of tourism in general as we emerge from the pandemic,” says Hill Vice President, Native American Program Services Henry Corken. “Our team has a demonstrated history managing projects for Native American gaming clients across the U.S., and we’ll bring our best practices to Eagle Mountain to make certain the project is a success.”

Hill Chief Executive Office Raouf Ghali concurs. “Entertainment and tourism are gaining momentum around the world, from casinos and resorts to cruise ports and amusement parks,” says Ghali. “Hill specializes in work in these sectors around the world and are ready to assist clients like the Tule River Tribe Gaming Authority realize their destination projects as-planned to take full advantage of this recovery.”

About Hill International

Hill International, with more than 2,900 professionals in 72 offices worldwide, provides program management, project management, construction management, facilities management, and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as one of the largest construction management firms in the United States. For more information on Hill, please visit our website at www.hillintl.com.

Forward Looking Statements

Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any statements of belief or intent, any statements concerning our plans, strategies, and objectives for future operations are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates, and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue, and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.

Hill International, Inc.
Elizabeth J. Zipf, LEED AP BD+C
Senior Vice President
(215) 309-7707
elizabethzipf@hillintl.com

The Equity Group, Inc.
Devin Sullivan
Senior Vice President
(212) 836-9608
dsullivan@equityny.com

FAQ

What is the value of the contract Hill International received for the Eagle Mountain Casino?

The contract awarded to Hill International is valued at $200 million.

What services will Hill International provide for the Eagle Mountain Casino project?

Hill International will provide construction management, scheduling, estimating, cost management, quality control, and contract administration.

How many gaming spaces will the new Eagle Mountain Casino include?

The new Eagle Mountain Casino will include gaming spaces for 1,750 slot machines and 20 table games.

Where is the new Eagle Mountain Casino being relocated to?

The Eagle Mountain Casino is being relocated to a new site approximately 17 miles from its current location.

What is the significance of this project for tourism according to Hill International?

Hill International states that this project reflects the return of tourism as the industry recovers from the pandemic.