0001590895 2024-01-01 2024-12-31 0001590895 2022-01-01 2022-12-31 0001590895 2021-01-01 2021-12-31 0001590895 2020-01-01 2020-12-31 0001590895 2023-01-01 2023-12-31 0001590895 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001590895 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001590895 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001590895 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001590895 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2024-01-01 2024-12-31 0001590895 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001590895 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember ecd:PeoMember 2024-01-01 2024-12-31 0001590895 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2024-01-01 2024-12-31 0001590895 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2024-01-01 2024-12-31 0001590895 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2024-01-01 2024-12-31 0001590895 1 2024-01-01 2024-12-31 0001590895 2 2024-01-01 2024-12-31 0001590895 3 2024-01-01 2024-12-31 iso4217:USD DEF 14A false 0001590895 CAESARS ENTERTAINMENT, INC. <div style="margin-top: 18pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><div style="font-weight:bold;display:inline;">EQUITY GRANT PRACTICES </div></div><div style="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">The Compensation Committee’s practice for timing of equity awards helps to provide assurance that grants are not timed to result in favorable pricing of such awards for executives. Generally, equity awards are granted by the Compensation Committee as a dollar value from which the number of shares awarded is determined based on the prior <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">20-day</div> average stock price. </div><div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">In the event we award stock options, all stock option awards are granted with an exercise price equal to or greater than the closing price of the underlying stock on the effective grant date or, in accordance with the terms of our approved equity plans, the closing price of the underlying stock on the last trading day prior to the effective grant date, if an award is granted on a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-trading</div> day. </div><div style="margin-top:8pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">Except for our standard annual award grant date in <div style="letter-spacing: 0px; top: 0px;display:inline;">January</div>, or in unusual and compelling circumstances, it is not the practice of the Compensation Committee to grant stock options or similar equity awards to employees or <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-employee</div> directors during periods in which there is material nonpublic information about our Company, including (1) outside a “trading window” established in connection with the public release of earnings information under our Insider Trading Policy or (2) at any time during the four business days prior to or the one business day following the filing of our periodic reports or the filing or furnishing of a Form <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">8-K</div> that discloses material nonpublic information. The Compensation Committee does not take material nonpublic information into account when determining the timing and terms of equity awards. Stock options may occasionally be awarded on an <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">off-cycle</div> basis, including to new hires. The Company has not timed the disclosure of material nonpublic information to affect the value of executive compensation. </div><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div> true false true <div id="toc791580_13" style="margin-top:0pt; margin-bottom:0pt; font-size:14pt; font-family:ARIAL"><div style="font-family: arial; letter-spacing: 0px; top: 0px;display:inline;"><div style="display:inline;"><div style="font-weight:bold;display:inline;">Pay Versus Performance</div></div></div><div style="font-family: ARIAL; letter-spacing: 0px; top: 0px;display:inline;"> </div></div><div style="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">As required by Section 953(a) of the Dodd-Frank Act, and Item 402(v) of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K,</div> we are providing the following information about the relationship between executive compensation actually paid to our Principal Executive Officer (“PEO”), the average of our other NEOs, other than the CEO <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">(“Non-PEO</div> NEOs”), and certain financial performance metrics of the Company. The Compensation Committee does not utilize this information when determining executive compensation. For further information concerning the Company’s <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;"><div style="white-space:nowrap;display:inline;">pay-for-performance</div></div> philosophy and how the Company seeks to align executive compensation with the Company’s performance, refer to the Compensation Discussion and Analysis section of this Proxy Statement. </div><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"> <tr> <td style="width:21%"></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:7pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="6" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">VALUE OF INITIAL FIXED $100<br/> INVESTMENT BASED ON:</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td colspan="2" style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:7pt"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.57em; font-size: 7pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">SUMMARY<br/>COMPENSATION<br/>TABLE TOTAL<br/>FOR PEO<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(1)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">COMPENSATION<br/>ACTUALLY PAID<br/>TO PEO<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(2)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">AVERAGE<br/>SUMMARY<br/>COMPENSATION<br/>TABLE TOTAL<br/>FOR <div style="white-space:nowrap;display:inline;">NON-PEO</div><br/>NEOS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(3)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">AVERAGE<br/>COMPENSATION<br/>ACTUALLY PAID<br/>TO <div style="white-space:nowrap;display:inline;">NON-PEO</div><br/>NEOS<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(4)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">TOTAL<br/>SHAREHOLDER<br/>RETURN<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(5)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">PEER GROUP<br/>TOTAL<br/>SHAREHOLDER<br/>RETURN<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(6)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">NET INCOME<br/>(LOSS)<br/>(MILLIONS)<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(7)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">ADJUSTED <br/>EBITDA <br/>(MILLIONS)<div style="font-size:75%; vertical-align:top;display:inline;font-size:5.8px">(8)</div> </div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">18,371,934</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">8,133,642</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">7,329,425</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">4,044,557</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">56.04</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">98.50</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(211</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">3,739 </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2023</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">18,610,359</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">15,389,438</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">5,776,307</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">5,458,300</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">78.60</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">97.99</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">828</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">3,938 </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2022</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">31,349,920</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(15,761,300</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">5,086,053</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(4,320,027</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">69.75</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">76.58</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(910</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">3,243 </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2021</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">22,597,251</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">35,457,581</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">7,207,522</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">10,643,119</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">156.82</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">104.31</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(1,016</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">2,990 </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2020</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">13,692,480</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">23,627,242</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">4,944,156</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom">  $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">7,883,678</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">124.53</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">108.20</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">(1,758</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom;text-align:right">794 </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #000000;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left">(1)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">The dollar amounts shown in this column are the amounts of total compensation reported for Mr. Reeg (our PEO) for each corresponding year in the “Total” column of the Summary Compensation Table. </div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left">(2)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">The dollar amounts reported in this column represent the amount of “compensation actually paid” to Mr. Reeg, as computed in accordance with Item 402(v) of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K.</div> The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Reeg during the applicable year. In accordance with the requirements of Item 402(v) of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K,</div> the following adjustments were made to Mr. Reeg’s total compensation for 2024 to determine the compensation actually paid: </div></td></tr></table><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"> <tr> <td style="width:64%"></td> <td style="vertical-align:bottom;width:7%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:7%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td colspan="14" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">PEO</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">REPORTED SUMMARY<br/> COMPENSATION<br/> TABLE TOTAL</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">REPORTED VALUE OF<br/> EQUITY AWARDS<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">(a)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">EQUITY AWARD<br/> ADJUSTMENTS<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">(b)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">COMPENSATION<br/> ACTUALLY PAID</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">18,371,934</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(13,535,975</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">3,297,683</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">8,133,642</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:3%;vertical-align:top;text-align:left">(a)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for 2024. </div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:3%;vertical-align:top;text-align:left">(b)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">The equity award adjustments include the addition (or subtraction, as applicable) of the following: (i) the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">year-end</div> fair value of any equity awards granted in 2024 that are outstanding and unvested as of the end of the year; (ii) the amount of change, as of the end of 2024 as compared to the end of 2023, in fair value of any awards granted in prior years that are outstanding and unvested as of the end of 2024; and (iii) for awards granted in prior years that vest in 2024, the amount equal to the change as of the vesting date (from the end of 2023) in fair value. The amounts deducted or added, as applicable, in calculating the equity award adjustments are as follows: </div></td></tr></table><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:94%;border-spacing:0;margin-left:auto"> <tr> <td style="width:66%"></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td colspan="14" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">PEO</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR END FAIR</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">VALUE OF EQUITY</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">AWARDS GRANTED<br/> AND UNVESTED IN<br/> THE YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR OVER YEAR</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">CHANGE IN FAIR</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">VALUE OF OUTSTANDING<br/> AND UNVESTED<br/> EQUITY AWARDS</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">CHANGE IN FAIR<br/> VALUE OF EQUITY<br/> AWARDS GRANTED<br/> IN PRIOR YEARS<br/> THAT VESTED IN<br/> THE YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">TOTAL EQUITY</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">AWARD<br/> ADJUSTMENTS*</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">8,345,775</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">        $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(4,838,169</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(209,923</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">3,297,683</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:6%"> </td> <td style="width:3%;vertical-align:top;text-align:left">*</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Key assumptions used in the Monte Carlo simulation for determining the equity adjustments as of December 31, 2024 for the 2024 and 2023 relative TSR PSU grants included: (i) the remaining expected terms of 2 years and 1 year, respectively; (ii) a risk-free rate commensurate with the remaining expected term of 4.21% and 4.12%, respectively; (iii) a dividend yield of 0%; and (iv) an expected volatility of 43.85% and 42.18%, respectively. </div></td></tr></table><div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left">(3)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">The dollar amounts reported in this column represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (other than Mr. Reeg) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Reeg) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2024, 2023 and 2022, Bret Yunker, Anthony L. Carano, Edmund L. Quatmann, Jr. and Stephanie Lepori (ii) for 2021, Gary L. Carano, Bret Yunker, Anthony L. Carano and Edmund L. Quatmann, Jr. and (iii) for 2020, Gary L. Carano, Bret Yunker, Anthony L. Carano and Stephanie Lepori. For 2023, we adjusted the amount reported for the “Average Summary Compensation Table Total for <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</div> NEOs” for costs related to Mr. Yunker’s personal security costs, as discussed in the Summary Compensation Table. </div></td></tr></table><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left">(4)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">The dollar amounts reported in this column represent the average amount of “compensation actually paid” to the NEOs as a group (identified in Footnote 3), as computed in accordance with Item 402(v) of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K.</div> The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K,</div> the following adjustments were made to average total compensation for these NEOs as a group for 2024 to determine the compensation actually paid: </div></td></tr></table><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:97%;border-spacing:0;margin-left:auto"> <tr> <td style="width:72%"></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td colspan="14" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">NON-PEO</div> NEOS</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">REPORTED SUMMARY<br/> COMPENSATION TABLE</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">REPORTED</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">VALUE OF EQUITY<br/> AWARDS<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">(c)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">EQUITY AWARD<br/> ADJUSTMENTS<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">(d)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">COMPENSATION<br/> ACTUALLY PAID</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">        $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">7,329,425</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(5,509,220</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">2,224,352</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">4,044,557</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:3%;vertical-align:top;text-align:left">(c)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Consistent with Note 2(a) above, the grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for 2024. </div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:3%;vertical-align:top;text-align:left">(d)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Consistent with Note 2(b) above, the equity award adjustments include the addition (or subtraction, as applicable) of the following: (i) the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">year-end</div> fair value of any equity awards granted in 2024 that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of 2024, as compared to the end of 2023, in fair value of any awards granted in prior years that are outstanding and unvested as of the end of 2024; and (iii) for awards granted in prior years that vest in 2024, the amount equal to the change as of the vesting date (from the end of 2023) in fair value. The amounts deducted or added, as applicable, in calculating the equity award adjustments are as follows: </div></td></tr></table><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:94%;border-spacing:0;margin-left:auto"> <tr> <td style="width:70%"></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td colspan="14" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">NON-PEO</div> NEOS</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">AVG. YEAR END<br/> FAIR VALUE OF</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">EQUITY AWARDS<br/> GRANTED AND<br/> UNVESTED IN THE YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">AVG. YEAR OVER<br/> YEAR CHANGE IN<br/> FAIR VALUE OF<br/> OUTSTANDING<br/> AND UNVESTED<br/> EQUITY AWARDS</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">AVG. CHANGE IN<br/> FAIR VALUE OF<br/> EQUITY<br/> AWARDS<br/> GRANTED IN<br/> PRIOR YEARS<br/> THAT VESTED IN<br/> THE YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">TOTAL EQUITY<br/> AWARD<br/> ADJUSTMENTS*</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">        $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">3,572,574</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(1,295,843</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(52,379</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">2,224,352</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:6%"> </td> <td style="width:3%;vertical-align:top;text-align:left">*</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Key assumptions used in the Monte Carlo simulation for determining the equity adjustments as of December 31, 2024 for the 2024 and 2023 relative TSR PSU grants included: (i) the remaining expected terms of 2 years and 1 year, respectively; (ii) a risk-free rate commensurate with the remaining expected term of 4.21% and 4.12%, respectively; (iii) a dividend yield of 0%; and (iv) an expected volatility of 43.85% and 42.18%, respectively. </div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left">(5)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Cumulative TSR is calculated by dividing the sum of the cumulative amount <div style="letter-spacing: 0px; top: 0px;display:inline;">of </div>dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period. </div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left">(6)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: The Dow Jones U.S. Gambling Total Stock Market Index. </div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left">(7)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">The dollar amounts reported represent the amount of net income (loss) reflected in the Company’s audited financial statements for the applicable year. </div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%;vertical-align:top;text-align:left">(8)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">While the Company uses numerous financial and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-financial</div> performance measures for the purpose of evaluating performance for the Company’s compensation programs, the Company has determined that Adjusted EBITDA is the financial performance measure that, in the Company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link company performance to compensation actually paid to the company’s NEOs, for the most recently completed fiscal year. </div></td></tr></table><div style="margin-top:12pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">See Appendix A for a reconciliation of Net Income (Loss) to Adju<div style="letter-spacing: 0px; top: 0px;display:inline;">ste</div>d EBITDA, which is a <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-GAAP</div> measure. </div> 18371934 8133642 7329425 4044557 56.04 98.5 -211000000 3739000000 18610359 15389438 5776307 5458300 78.6 97.99 828000000 3938000000 31349920 -15761300 5086053 -4320027 69.75 76.58 -910000000 3243000000 22597251 35457581 7207522 10643119 156.82 104.31 -1016000000 2990000000 13692480 23627242 4944156 7883678 124.53 108.2 -1758000000 794000000 Mr. Reeg The dollar amounts reported in this column represent the amount of “compensation actually paid” to Mr. Reeg, as computed in accordance with Item 402(v) of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K.</div> The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Reeg during the applicable year. In accordance with the requirements of Item 402(v) of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K,</div> the following adjustments were made to Mr. Reeg’s total compensation for 2024 to determine the compensation actually paid:<div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:100%;border-spacing:0;margin:0 auto"> <tr> <td style="width:64%"></td> <td style="vertical-align:bottom;width:7%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:7%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td colspan="14" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">PEO</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">REPORTED SUMMARY<br/> COMPENSATION<br/> TABLE TOTAL</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">REPORTED VALUE OF<br/> EQUITY AWARDS<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">(a)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">EQUITY AWARD<br/> ADJUSTMENTS<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">(b)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">COMPENSATION<br/> ACTUALLY PAID</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">18,371,934</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(13,535,975</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">3,297,683</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">8,133,642</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr></table><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:3%;vertical-align:top;text-align:left">(a)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for 2024. </div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:3%;vertical-align:top;text-align:left">(b)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">The equity award adjustments include the addition (or subtraction, as applicable) of the following: (i) the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">year-end</div> fair value of any equity awards granted in 2024 that are outstanding and unvested as of the end of the year; (ii) the amount of change, as of the end of 2024 as compared to the end of 2023, in fair value of any awards granted in prior years that are outstanding and unvested as of the end of 2024; and (iii) for awards granted in prior years that vest in 2024, the amount equal to the change as of the vesting date (from the end of 2023) in fair value. The amounts deducted or added, as applicable, in calculating the equity award adjustments are as follows: </div></td></tr></table><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:94%;border-spacing:0;margin-left:auto"> <tr> <td style="width:66%"></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:6%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td colspan="14" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">PEO</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR END FAIR</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">VALUE OF EQUITY</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">AWARDS GRANTED<br/> AND UNVESTED IN<br/> THE YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR OVER YEAR</div></div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">CHANGE IN FAIR</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">VALUE OF OUTSTANDING<br/> AND UNVESTED<br/> EQUITY AWARDS</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">CHANGE IN FAIR<br/> VALUE OF EQUITY<br/> AWARDS GRANTED<br/> IN PRIOR YEARS<br/> THAT VESTED IN<br/> THE YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">TOTAL EQUITY</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">AWARD<br/> ADJUSTMENTS*</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">8,345,775</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">        $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(4,838,169</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(209,923</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">    $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">3,297,683</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:6%"> </td> <td style="width:3%;vertical-align:top;text-align:left">*</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Key assumptions used in the Monte Carlo simulation for determining the equity adjustments as of December 31, 2024 for the 2024 and 2023 relative TSR PSU grants included: (i) the remaining expected terms of 2 years and 1 year, respectively; (ii) a risk-free rate commensurate with the remaining expected term of 4.21% and 4.12%, respectively; (iii) a dividend yield of 0%; and (iv) an expected volatility of 43.85% and 42.18%, respectively. </div></td></tr></table> 18371934 -13535975 3297683 8133642 8345775 -4838169 -209923 3297683 The dollar amounts reported in this column represent the average of the amounts reported for the Company’s named executive officers (NEOs) as a group (other than Mr. Reeg) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Reeg) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2024, 2023 and 2022, Bret Yunker, Anthony L. Carano, Edmund L. Quatmann, Jr. and Stephanie Lepori (ii) for 2021, Gary L. Carano, Bret Yunker, Anthony L. Carano and Edmund L. Quatmann, Jr. and (iii) for 2020, Gary L. Carano, Bret Yunker, Anthony L. Carano and Stephanie Lepori. For 2023, we adjusted the amount reported for the “Average Summary Compensation Table Total for <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</div> NEOs” for costs related to Mr. Yunker’s personal security costs, as discussed in the Summary Compensation Table. The dollar amounts reported in this column represent the average amount of “compensation actually paid” to the NEOs as a group (identified in Footnote 3), as computed in accordance with Item 402(v) of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K.</div> The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">S-K,</div> the following adjustments were made to average total compensation for these NEOs as a group for 2024 to determine the compensation actually paid:<div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:97%;border-spacing:0;margin-left:auto"> <tr> <td style="width:72%"></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:4%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:1%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td colspan="14" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">NON-PEO</div> NEOS</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">REPORTED SUMMARY<br/> COMPENSATION TABLE</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">REPORTED</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">VALUE OF EQUITY<br/> AWARDS<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">(c)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">EQUITY AWARD<br/> ADJUSTMENTS<div style="font-size:75%; vertical-align:top;display:inline;font-size:6.6px">(d)</div></div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">COMPENSATION<br/> ACTUALLY PAID</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">        $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">7,329,425</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(5,509,220</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">2,224,352</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">4,044,557</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:3%;vertical-align:top;text-align:left">(c)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Consistent with Note 2(a) above, the grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” column in the Summary Compensation Table for 2024. </div></td></tr></table><div style="font-size:4pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:3%"> </td> <td style="width:3%;vertical-align:top;text-align:left">(d)</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Consistent with Note 2(b) above, the equity award adjustments include the addition (or subtraction, as applicable) of the following: (i) the <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">year-end</div> fair value of any equity awards granted in 2024 that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of 2024, as compared to the end of 2023, in fair value of any awards granted in prior years that are outstanding and unvested as of the end of 2024; and (iii) for awards granted in prior years that vest in 2024, the amount equal to the change as of the vesting date (from the end of 2023) in fair value. The amounts deducted or added, as applicable, in calculating the equity award adjustments are as follows: </div></td></tr></table><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:8pt;width:94%;border-spacing:0;margin-left:auto"> <tr> <td style="width:70%"></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:5%"></td> <td></td> <td></td> <td></td> <td style="vertical-align:bottom;width:3%"></td> <td></td> <td></td> <td style="vertical-align:bottom;width:2%"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="vertical-align: bottom; padding-bottom: 0.5pt;"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td colspan="14" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom;white-space:nowrap;text-align:center"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;"><div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">NON-PEO</div> NEOS</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;white-space:nowrap"><div style="margin-top: 0pt; margin-bottom: 0pt; text-indent: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">AVG. YEAR END<br/> FAIR VALUE OF</div></div><div style="margin-top: 0pt; margin-bottom: 1pt; font-size: 8pt; font-family: arial; text-align: right; line-height: normal;"><div style="font-weight:bold;display:inline;">EQUITY AWARDS<br/> GRANTED AND<br/> UNVESTED IN THE YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom">  </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">AVG. YEAR OVER<br/> YEAR CHANGE IN<br/> FAIR VALUE OF<br/> OUTSTANDING<br/> AND UNVESTED<br/> EQUITY AWARDS</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">AVG. CHANGE IN<br/> FAIR VALUE OF<br/> EQUITY<br/> AWARDS<br/> GRANTED IN<br/> PRIOR YEARS<br/> THAT VESTED IN<br/> THE YEAR</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td> <td colspan="2" style="padding-bottom:6pt ;BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom;text-align:right"><div style="letter-spacing: 0px; top: 0px;display:inline;"><div style="font-weight:bold;display:inline;">TOTAL EQUITY<br/> AWARD<br/> ADJUSTMENTS*</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #000000;vertical-align:bottom"> </td></tr> <tr style="font-size:1pt"> <td style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td> <td colspan="4" style="height:3.75pt"></td></tr> <tr style="page-break-inside:avoid ; font-family:arial; font-size:8pt"> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:top"><div style="margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.5em; font-size: 8pt; font-family: arial; line-height: normal;"><div style="font-weight:bold;display:inline;">2024</div></div></td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">        $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">3,572,574</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom">  </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(1,295,843</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">       $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">(52,379</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">) </td> <td style=" BORDER-BOTTOM:1.00pt solid #e5c144;vertical-align:bottom"> </td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom">     $</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom;text-align:right">2,224,352</td> <td style="padding-bottom:4pt ;BORDER-BOTTOM:1.00pt solid #e5c144;white-space:nowrap;vertical-align:bottom"> </td></tr></table></div><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:ARIAL; font-size:7pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:6%"> </td> <td style="width:3%;vertical-align:top;text-align:left">*</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 7pt; font-family: ARIAL; text-align: justify; line-height: normal;">Key assumptions used in the Monte Carlo simulation for determining the equity adjustments as of December 31, 2024 for the 2024 and 2023 relative TSR PSU grants included: (i) the remaining expected terms of 2 years and 1 year, respectively; (ii) a risk-free rate commensurate with the remaining expected term of 4.21% and 4.12%, respectively; (iii) a dividend yield of 0%; and (iv) an expected volatility of 43.85% and 42.18%, respectively. </div></td></tr></table> 7329425 -5509220 2224352 4044557 3572574 -1295843 -52379 2224352 Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: The Dow Jones U.S. Gambling Total Stock Market Index. While the Company uses numerous financial and <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">non-financial</div> performance measures for the purpose of evaluating performance for the Company’s compensation programs, the Company has determined that Adjusted EBITDA is the financial performance measure that, in the Company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link company performance to compensation actually paid to the company’s NEOs, for the most recently completed fiscal year. Adjusted EBITDA <div style="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to the Company’s performance are as follows: </div><div style="font-size:6pt;margin-top:0pt;margin-bottom:0pt"> </div> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left">a.</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: arial; text-align: justify; line-height: normal;">Adjusted EBITDA </div></td></tr></table> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left">b.</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: arial; text-align: justify; line-height: normal;">Relative TSR </div></td></tr></table> <table cellpadding="0" cellspacing="0" style="text-align:start; BORDER-COLLAPSE:COLLAPSE; font-family:arial; font-size:9pt;border-spacing:0;width:100%"> <tr style="page-break-inside:avoid"> <td style="width:4%"> </td> <td style="width:4%;vertical-align:top;text-align:left">c.</td> <td style="vertical-align:top;text-align:left"><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 9pt; font-family: arial; text-align: justify; line-height: normal;">Absolute TSR </div></td></tr></table> Adjusted EBITDA Relative TSR Absolute TSR <div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><div style="font-weight:bold;display:inline;">Description of Relationship Between PEO and Average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</div> NEO Compensation Actually Paid and Company Total Shareholder Return </div></div><div style="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</div> NEOs, and the Company’s cumulative TSR over the five most recently completed fiscal years. </div><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div> <img alt="LOGO" src="g791580g88w94.jpg" style="width:6.34375in;height:3.5174in"/> <div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><div style="font-weight:bold;display:inline;">Description of Relationship Between PEO and Average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</div> NEO Compensation Actually Paid and Net Income (Loss) </div></div><div style="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</div> NEOs, and our Net Income (Loss) during the five most recently completed fiscal years. </div><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div> <img alt="LOGO" src="g791580g01w95.jpg" style="width:6.33734in;height:3.48962in"/> <div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><div style="font-weight:bold;display:inline;">Description of Relationship Between PEO and Average <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</div> NEO Compensation Actually Paid and Adjusted EBITDA </div></div><div style="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our <div style="white-space: nowrap; letter-spacing: 0px; top: 0px;display:inline;">Non-PEO</div> NEOs, and our Adjusted EBITDA during the five most recently completed fiscal years. </div><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div> <img alt="LOGO" src="g791580g00r97.jpg" style="width:6.34375in;height:3.49785in"/> <div style="margin-top:0pt;margin-bottom:0pt ; font-size:8pt"> </div><div style="margin-top: 0pt; margin-bottom: 0pt; font-size: 10pt; font-family: arial;"><div style="font-weight:bold;display:inline;">Description of Relationship Between Company TSR and Peer Group TSR </div></div><div style="margin-top:6pt; margin-bottom:0pt; font-size:9pt; font-family:arial;text-align:justify">The following chart compares our cumulative TSR over the five most recently completed fiscal years to that of the Dow Jones U.S. Gambling Total Stock Market Index over the same period. </div><div style="font-size:12pt;margin-top:0pt;margin-bottom:0pt"> </div><div style="font-size:0pt;margin-top:0pt;margin-bottom:0pt"> </div> <img alt="LOGO" src="g791580g04n98.jpg" style="width:6.31597in;height:3.48962in"/>