Investor Presentaiton

Ellis Park Racing & Gaming and Future HRM Facility Opened ELLIS PARK OWENSBORO RACING & GAMING RACING & GAMING IQ'25 $100-$110 ~6 miles to Owensboro, KY 1922 Total investment $154' ($ millions) Proximity to major market ~5 mi. to Evansville, IN Retail sports Sept. 2023 betting $221³ 300 ~6004 Win/Unit/Day² HRMS Historical Racing Machines Ellis Park located off of Interstate 69 on the KY IN border ■ ~5 miles from Evansville, Indiana (MSA pop. ~315,000) ■ ~30 miles from Owensboro, Kentucky (MSA pop. ~125,000) ■ Owensboro, Kentucky is the 4th largest city in Kentucky ■ Retail sports betting began September 7, 2023 Owensboro Racing & Gaming will include: ■ ~600 HRMS ■ A simulcast wagering area ■ Multiple food and beverage offerings ■ Will support purse funding for Ellis Park race meets Ellis Park 8 7 6 5 4 3 21 2 HRM capacity approval to date 2,500 'Reflects total anticipated investment for Ellis Park and future annex projects and inclusive of $79 million purchase price Based on the pari-mutuel wagering data from the Kentucky Horse Racing Commission 3 Based on average of 299 operational HRMS for twelve months ended December 31, 2023 4 Expected number of HRMS at opening 35 CHURCHILL DOWNS INCORPORATED

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