Investor Presentaiton
Pending Acquisitions
Purchase Consideration
Strategic Rationale
isle.
capri
KANSAS CITY
Lady Luck
CASINO
VICKSBURG
$230 million
purchase price
8.4x EBITDA(¹)
ELDORADO
RESORT-CASINO-SHREVEPORT
$155 million
purchase price
4.1x EBITDA(1)
MONTBLEU
RESORT CASINO & SPA
LAKE TAHOE
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Premier location
Increase table games market share
Opportunity through contemplated $40 million development in a market
that lacks quality gaming offerings
Optimize marketing / Accretive to earnings
Cross-marketing opportunity with the existing Hard Rock Biloxi
Property just south of Vicksburg
Increase regional presence with Hard Rock Biloxi
Accretive to earnings
Ability to optimize marketing strategy to grow revenue while
maintaining current cost structure
Optimize hotel utilization and yield
Establish "destination" property for top customers across the brand in a
new market
Optimize utilization of the hotel and entertainment amenities
Recently approved convention center will be constructed immediately
adjacent to the property
$25 million
BALLY'S purchase price
ATLANTIC CITY 2.1x EBITDA(¹)
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Prominent positioning in the center of the Atlantic City Boardwalk
Opportunity for increased cash flow with the addition of the sports book,
online sports betting, and iGaming
Cross marketing opportunity with TRWH's Rhode Island and Delaware
assets
TRWH
1.
Calculated as trailing twelve months EBITDA at signing.
HOMBLEU
BA
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