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Investor Presentaiton

| CONTINUED GROWING POPULATION AND DISCRETIONARY INCOME Las Vegas Population() $1,100 (in thousands) 2,600 Las Vegas is the 3rd fastest growing MSA in the United States Retirees, a key gaming demographic comprise nearly 20% of the total $1,050 population 2,400 2,200 2,000 1,800 1,600 1,400 2% CAGR $1,000 $950 $900 $850 $800 $750 1,200 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Population ex Retirees ■Retiree Population (1) United States Census Bureau. (2) Nevada Gaming Control Board. INVESTOR PRESENTATION November 2021 red rock resorts Average Weekly Earnings (1) Average Weekly Earnings growth driving increased discretionary income 6 5 9 9 9 9 8 9 9 9 9 8 8 8 8 9 9 ± 2 8 8 8 6
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