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Construction group Galiford Try is to build a casino complex at the National Exhibition Centre in Birmingham.
The £89m deal with Genting UK, the largest operator of casinos in the UK, includes construction of the casino, as well as a 176-bed hotel, and a spa.
The 'Resorts World' project will also house conference facilities, a factory outlet centre, a cinema complex, retail space and parking.
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Construction is set to begin this month and is expected to be completed in January 2015.
Chief Executive Greg Fitzgerald said the contract represented a significant success for the business in a difficult market for construction.
"We are delighted we have completed a successful negotiation with Genting UK and now look forward to starting on site on what will be one of the most prestigious projects in the Midlands of recent times."
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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