Investor Presentaiton

Development Agreement Terms Casino & Hotel Operation - Hiring/Wages/Vendor • PORTSMOUTHVA economic development Taxes and other revenues received by the City from the casino estimated to be approximately $15 million annually. In addition, RSG to provide City with annual payment equal to 1.5% of net gaming revenue generated the previous year between $150 million and $200 million and 2% of net gaming revenue generated the previous year over $200 million. Net gaming revenue includes revenues from the casino itself plus 20% of online sports betting revenues from RSG's Virginia sports betting license.

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