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Investor Presentaiton

| GAMING CENTRIC BUSINESS MODEL DRIVES MARGIN PERFORMANCE Red Rock Q3-21(1) Wynn Las Vegas Strip(1) Non-Gaming 30% Gaming Non-Gaming Gaming 70% Non- Gaming 76% Gaming 24% Non- Gaming 78% red rock resorts MGM Non- Gaming 76% Gaming 22% Red Rock generates more than 2/3rds of its revenue from high margin gaming (1) RRR Q3-21 Company filings and annual 2019 10K filings for respective Las Vegas Strip operators. INVESTOR PRESENTATION November 2021 LVS Gaming 24% 14
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