The Board of Directors has overall responsibility for risk oversight, including, as part of regular Board of Director and committee meetings, general oversight of executive leadership’s management of risks relevant to the Company. In this regard, the Board of Directors seeks to identify, understand, analyze, and oversee critical business risks. Pursuant to their respective charters, each of the Board of Directors’ committees maintain responsibility and oversight over key areas relevant to their purview.

Management also performs additional risk evaluations and reports to the Audit Committee and the Board on a regular basis regarding risks associated with areas such as our long-term strategy, overall compliance with applicable gaming regulatory requirements and licensure, financial covenants and reporting, listing exchange rules, and other obligations, cybersecurity and information technology, developing corporate governance topics, and our executive compensation practices.

Enterprise Risk Management

Our Enterprise Risk Management (“ERM”) framework is premised on actively monitoring the Company’s risk profile; ensuring the involvement of management, the Board of Directors and key employees in evaluating and addressing risk; and maintaining effective policies, controls and procedures to manage risk and pursue our strategic priorities. Additional information on our risk management practices, including our ERM framework, is available in our 2024 Proxy Statement.

Last updated: September 9, 2024