3Q20 Earnings Call Presentation

Las Vegas Operations Adjusted Property EBITDA Loss of $40 Million in 3Q20 Adjusted Property EBITDA ■ Adjusted property EBITDA loss of $40 million ($ in US millions) Actual Hold-Normalized ☐ Hotel room revenue fell 71.5% to $41 million compared to 3Q19 $150 Occupancy decreased 50.9 pts to 43.7 year-over-year ADR decreased 26.6% to $174 year-over-year RevPAR decreased 66.1% to $76 year-over-year ☐ Slot win decreased 19.7% to $49 million compared to 3Q19 ☐ Table games drop decreased 10.1% to $425 million, while win percentage decreased 8.9 pts to 8.0% compared to 3Q19 $100 $93 $50 $0 -$40 -$50 3Q19 3Q20 $106 -$3 3Q19 3Q20 Composition of Table Games Drop ($ in US millions) $600 $500 $473 $425 $400 $252 $144 $300 $200 $281 $100 $221 50 $0 3Q19 3Q20 Non-Baccarat Baccarat Sands 11

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