PRESENTING FOR RUSH STREET GAMING AND SUGARHOUSE CASINO Laura McAllister Cox VP of Regulatory Compliance and Legal Counsel Rush Street Gaming Joe Scibetta VP of Development & Operations Rush Street Gaming Rob Long General Manager SugarHouse Casino Philadelphia • • • • Former regulator Reno, Nevada Led ground-up development of Rush Street’s first U.S. casino in Vicksburg, MS Former GM of Rivers Casino & Resort Schenectady Recently transferred to Philadelphia, leading several initiatives: permanent sportsbook development, mobile/online sportsbook launch, iGaming debut and more 2 SUGARHOUSE CASINO: HISTORY AT-A-GLANCE • In 2005, Rush Street co-founders purchased former Jack Frost sugar refinery parcel on Delaware Avenue • “SugarHouse” was a creative nod to Philly’s past, at a time when gaming in PA was still very new • SugarHouse Casino opened in 2010; downsized to “interim” facility in response to 2008 collapse of financial markets • Expanded in 2016, adding The Event Center, Marketplace, poker room, parking garage and other amenities—$164 million reinvestment • November 2016, the SugarHouse brand expanded into New Jersey with the launch of PlaySugarHouse.com • December 2018, launched Philadelphia’s first in-casino sportsbook • May 2019, launched PA’s first online and mobile sportsbook, PlaySugarHouse.com; intend to launch online casino later this year • Since opening, earned 14 Top/Best Workplace awards, voted by Team Members; workforce of approximately 1,600 3 SUGARHOUSE & RIVERS CASINOS • Meanwhile, Rush Street has continued to grow its portfolio of U.S. casinos • In addition to SugarHouse, Rush Street operates three full-service properties: Pittsburgh, PA; Des Plaines, IL (Chicago-area); and Schenectady, NY • All other Rush Street casinos operate under the Rivers Casino brand and lead their markets • In developing Rivers’ value proposition, Rush Street has prioritized and standardized superior guest experiences, high-end property design, diverse gaming & compelling amenities (white-linen dining, Event Centers, Sportsbooks, etc.) • The 2016 expansion of SugarHouse added those high-end assets consistent with the Rivers Casino value proposition • With the advent of mobile sports betting and iGaming, both SugarHouse and Rivers Casino have partnered with Rush Street Interactive to add consistent online capabilities 4 WE ARE REBRANDING TO RIVERS CASINO PHILADELPHIA • Continuously improving customer experiences is a shared goal of the PGCB and Rush Street • As gaming becomes a 360-degree experience—land-based, mobile, online—a unified brand for Rush Street’s PA properties will best serve the Commonwealth, host communities, guests and team members • Our long-term plan is to establish continuity across Rush Street’s PA properties, sportsbooks, iGaming and guest rewards programs • This rebranding represents a $15 million reinvestment in the property, and all changes to the facility will be completed by local companies and contractors 5 BRAND EVOLUTION: HOW IT BEGINS • Proactive communications to our team, our guests and our communities • The physical transformation of our Delaware Avenue property, signage, logos, etc. • Redesign of gaming pieces, pending PGCB review and approval • Additional consideration of select modification of Rivers Casino “Pittsburgh” brand to include city designation • Updated internal controls, pending PGCB review and approval 6 TENTATIVE TIMELINE • Now: Announcement of intention to rebrand • Early Summer: Begin property transformation, including internal controls (signage, gaming items, etc.) • Mid Summer: Launch iGaming • End Summer: Launch of expanded, permanent sportsbook • Fall 2019: Ceremonial Rivers Casino Philadelphia launch 7 n}m_IU n}m_IU n}m_ZU u:_rlumru1_r 0mm ur}_zmm 80% 3 0 HOUSE SUGAR