Investor Presentaiton
Gaming Segment
Regional Gaming Properties
Diverse portfolio of gaming properties
Strategic Advantages
Local approach
Unique brands and marketing strategies
■ Menus and offerings reflect local tastes
■ Promotions catered to local customer base
Loyal player base
Business intelligence analytics
■ Utilize analytics on customer behavior to optimize
customer trips and casino / food and beverage offerings
Key Metrics
$ in millions
2022
3Q'23
Revenue'
$762
$245
VPY I VPQ
+9%
+32%
Leverage corporate gaming expertise
◉
Adjusted
Return on invested capital focused
$422
$122
Gaming floor layout and game mix optimization focus
EBITDA²
■ Centralized slot purchasing to leverage size
■ Centralized marketing resources facilitate shared best
practices
Regional property gaming leaders
Significant overall gaming experience
■ Stable executive leadership maintains local market focus
Revenue does not include revenue from our equity investments
2 Adjusted EBITDA includes our portion of EBITDA from our equity investments
VPYI VPQ
+2%
+10%
45
CHURCHILL DOWNS
INCORPORATEDView entire presentation