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Investor Presentaiton

Various Countries Offer Good Templates for Gaming Businesses that Can be Models for Brazil As Brazil Modernizes its Lottery, Implements Sports Betting and Legalizes Casino Gaming it can model off best practices from other markets throughout the world ◉ The US gaming industry can offer good examples on gaming regulatory regimes • . The US offers many of the same forms of casino gaming that are written in Brazil's proposed legislation including integrated resorts, regional land based casinos, slot/bingo parlors, and routes (BR-1 machines) The US has the world's most productive regional casino model generating over $8B in tax revenue and more than 300K jobs; most gaming companies are capitalized by institutional investors with publicly held securities Unlike Brazil's planned federal regulatory model for gaming, US states oversee most gaming regulation - this system has developed over 85 years with vastly differing gaming models by jurisdiction The US has few places that allow internet gaming and sports betting and therefore may not be a good model for Brazil Other markets around the globe can provide models for other gaming sectors Singapore's integrated resort model with only two mega-casinos has been hugely successful with $5B of gaming revenue in 2015 and a 50% increase in tourism since the developments opened in 2010 The United Kingdom has created a $15 Billion online gaming industry over the last 15 years and also has the largest sports betting business in Europe SPECTRUM GAMING SGC CAPITAL- 7
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