Investor Presentaiton

...that is delivering increasing levels of contribution Contribution Growth By State Vintage Cont. ($M) +181% Before 2021 1 +127% 2021A Promotions (2023E vs. 2022A): 2022A -1,200 bps reduction (% GGR) 2023E 2 2021 20223 20234 1) "Before 2021" cohort includes - NJ, NV, WV, IN, CO, TN, PA. BETMGM 2) "2021" cohort includes - IA, MI, VA, DC, WY, AZ. 3) "2022" cohort includes - NY, LA, IL, ON, KS, MD. 4) "2023" cohort includes - OH, MA, PR, KY. 19

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