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Investor Presentaiton

| PALMS SALE: A CATALYST FOR GROWTH ■ ■ Allows for management to focus on and improve operations of our "best in class" assets within the Las Vegas Locals Market Accelerates development of high. return on capital Durango project Fortifies our balance sheet Reduces interest expense as well as closed property carry cost INVESTOR PRESENTATION November 2021 $650 million sale expected to close before year end red rock resorts PALMS PALMS CASINO/RESORTSPA 11

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