Investor Presentaiton

Equity Investment - Miami Valley Gaming (50% Ownership) Property ■ Located on 120 acres in Lebanon, OH (North of Cincinnati, south of Dayton) ~2,250 video lottery terminals' and four dining facilities Joint venture (50/50) with Delaware North Completed two growth projects in 2022 ■ Expanded the outdoor gaming patio in June 2022 to allow for 196 more machines and to add an outdoor bar ■ Converted existing buffet space into two new food venues and added incremental gaming space in July 2022 Gaming Properties Miami Valley GAMING Units as of 7/31/22 56 56 CHURCHILL DOWNS INCORPORATED

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