Investor Presentaiton

P2E Acquisition Virginia Development Rights Dumfries Project ■ CDI will acquire the rights to build a large gaming resort and hotel, the Dumfries Project, with up to 1,150 HRMs in Northern Virginia and potential for expansion up to 1,800 HRMS after initial build out - - $400 million investment Gaming facility planned to open 4Q'23 102-room hotel planned to open IQ'24 Rosie's Emporia ■ CDI will also acquire the rights to develop Rosie's Gaming Emporium in Emporia with 150 HRMS – 7 th historical racing entertainment venue under Colonial Downs license - - Expected to open in 3Q'23 Future Expansion ■ Colonial Downs currently races 26 days per year (I race day per 100 HRM machines) The number of race days will increase as the number of HRMs deployed in Virginia increases 14 Existing HRMs: Future HRMS: 2,687 Dumfries Project 1,650' Rosie's Emporia 150 Additional Licenses 513 Total HRMS: 5,000 ROSIE'S Represents incremental machines to the existing Dumfries location that will be replaced by the Dumfries Project; first phase of the Dumfries project will accommodate a total of 1,150 HRMs and we will evaluate a further expansion of this facility up to 1,800 HRMs CHURCHILL DOWNS INCORPORATED

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