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Investor Presentaiton

Stacking of individual markets creates a rapidly growing business... NGR Growth By State Vintage NGR ($M) +51% +17% +10% +74% +200% 2021A 2022A 2023E Before 2021¹ 20212 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. 18
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