Torguson Gaming Group, Inc. History

Marlin F. Torguson is the Chairman and CEO of Torguson Gaming Group, Inc., with headquarters in Bay St. Louis, Mississippi. Mr. Torguson is perhaps one of the gaming industry’s pre-eminent visionaries and is considered one of the founding fathers of gaming in Mississippi. He founded Casino Magic Corp., and opened the first barge-concept casino in the world at Bay St. Louis on September 30, 1992. The Company’s 1992 IPO was widely recognized as the most successful IPO of that year. The company quickly expanded and unveiled its Biloxi property on June 5, 1993. Serving as president and CEO, and later as chairman of the board of directors, Torguson further oversaw the opening of Casino Magic properties in Greece, Argentina and Bossier City, Louisiana.

Following Casino Magic Corp.’s acquisition by Pinnacle Entertainment, Inc. in 1998, Torguson became a member of Pinnacle Entertainment’s board of directors, with his term ending May 4, 2004. Pinnacle Entertainment is the holding company for Casino Magic properties in San Martin de los Andes and Neuquen, Argentina, Boomtown Casino Bossier City, Louisiana, Boomtown Casino New Orleans & Boomtown Casino Reno, Belterra Casino, Indiana, L’Auberge du Lac Hotel and Casino in Lake Charles, Louisiana, and Lumière Place in St. Louis, Missouri.

Prior to founding Casino Magic Corp., Torguson successfully spearheaded the advent of American Indian gaming, as he expanded Jackpot Junction Casino in Morton, Minnesota, from a bingo hall to what was the largest gaming facility between Las Vegas and Atlantic City in 1990. In 1991, Torguson converted a landmark building in Deadwood, South Dakota, into Goldiggers Hotel & Casino, which was operated by Casino Magic Corp. until it was sold in 1996.

Prior to entering the gaming industry, Torguson owned and operated several restaurants in Minnesota. He gained his experience in the food and beverage industry working at his family’s business, Torgy’s on the Lake, in Glennwood, Minnesota. Torgy’s on the Lake was founded in 1948 by Torguson’s father. Torguson went to work there in 1966, and today is its sole owner. Marlin F. Torguson has contributed considerably to the advancement of the U.S. gaming industry, and stands poised to continue in this role.