Destination CEO Roundtable 2012

CONFIDENTIAL

FALL 2020 Board of Directors Meeting Table of Contents

A NOTE FROM THE CEO �� . 1

AGENDA �� . 2

2020 STRATEGIC ACCOMPLISHMENTS �� . 3

SPEAKER BIOGRAPHIES �� . 14

BOARD OF DIRECTORS ROSTER �� . 15

MEMBER LIST �� . 18

ANTI-TRUST COMPLIANCE POLICY AND GUIDELINES �� . 20

RESOLUTIONS �� . 22

Exhibit A. Fall 2019 Meeting Minutes �� 23

STATEMENT OF ACTIVITIES �� . 30

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING A Note from the CEO

Dear AGA Board of Directors:

AGA board meetings are always important, but this year we are convening virtually at an important time for our nation and for our industry.

As we meet, a consequential lame duck session of Congress is underway, more than 60 newly elected freshman (including at least 45 from gaming states) are preparing for the 117th Congress, and President-elect Biden’s transition team is building a new administration ahead of the inauguration on January 20, 2021.

Of course, we’re also meeting while the nation grapples with a second wave of COVID-19, the implications of which are hitting close to home for all of us as new mandates for reclosure and capacity restrictions are implemented to try to curb the spread of the virus. While we may be socially distant, we are together in addressing the unprecedented challenges we’ve faced as an industry throughout 2020. That’s true not only because of the impact the pandemic has on our daily lives, but because the pressures our industry continues to face are unrelenting.

CDC-discouraged holiday travel notwithstanding, Americans remain hesitant to get back on airplanes and stay in hotels, the meeting and conventions business that supports our integrated resorts has been shuttered, uncertainty slowed the pipeline for product sales, and the investments you are all making to ensure employee and customer safety are significant.

But at the risk of being Pollyannaish, I do see reasons for optimism. Despite persistent challenges, our communities are healthier because of their gaming partners, our team members are getting back to work, and state and tribal governments are realizing revenues that had dried up throughout Q2. This next year will be critical for the industry, and you can be sure that your association is strong and focused on delivering for you, just as we did throughout 2020.

Earlier this year, the AGA scored a historic first for the gaming industry: ensuring our members were included in the CARES Act and the hundreds of millions of dollars in relief that had been denied to us in every previous federal stimulus package.

We took appropriate and significant austerity measures as the pandemic’s impact on the global economy took hold, making smart decisions about how to best invest your resources. Beyond the remarkable results in the stimulus fight, we made tremendous progress on industry priorities and safeguarded the long-term viability of the association. We advanced responsibility in gaming and payments modernization; pivoted to offer educational content and convening opportunities through webinars and a virtual G2E program; launched new research and communication efforts to advance industry priorities and inform members’ decision-making during this challenging time; and much more. None of which would have been possible without the hard work of a talented, dedicated staff.

There has never been a more important time for a strong industry advocate, and we’re up for the task. As we continue our evolution from response to reopening to recovery, the AGA will be with you every step of the way.

Thank you for your continued support of the AGA and your active participation in today’s meeting.

Bill Miller President and CEO American Gaming Association

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 1 Agenda

AMERICAN GAMING ASSOCIATION • BOARD OF DIRECTORS MEETING DECEMBER 4, 2020 • 8:30 AM PT

Chairman’s Welcome Trevor Croker, Managing Director and CEO, Aristocrat Technologies

Election Implications and Policy Discussion Chris Cylke, Senior Vice President, Government Relations, American Gaming Association Kirk Blalock, Partner, Fierce Government Relations Steve Elmendorf, Partner & Co-Founder, Subject Matter

President’s Report Bill Miller, President and CEO, American Gaming Association

Research Update David Forman, Senior Director, Research, American Gaming Association

Reimagining G2E 2021 Bill Miller, President and CEO, American Gaming Association

Next Steps & Adjournment

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 2 2020 Strategic Accomplishments

NAVIGATING THE COVID-19 PANDEMIC In March, the AGA’s focus pivoted to navigating the gaming industry through the COVID-19 pandemic from crucial advocacy efforts on Capitol Hill to research understanding the pandemic’s impact and crafting a narrative on recovery to convening the membership and association virtually. The results of AGA’s efforts provided needed relief, informed reopening and recovery, and advanced our industry’s message on safely reopening.

ENACTMENT OF THE CARES ACT • Led advocacy efforts early in the COVID-19 pandemic to Gambling Compliance successfully ensure that gaming was eligible for the economic relief $2trn Coronavirus Bill provided in the CARES Act, unlike in previous federal responses to Makes Billions in Loans natural disasters and financial crises that excluded gaming Available to U.S. Gaming companies from assistance available to the rest of the business Companies community.

• Critical provisions of the CARES Act for gaming included:

– Access to emergency liquidity. – Tax relief for gaming businesses. – Support for small businesses. – Relief for tribal communities. – Tourism grants for economic revitalization. – Enhancements to unemployment insurance.

GAMING ELIGIBILITY FOR PAYCHECK PROTECTION PROGRAM • Engaged the administration on the Paycheck Protection Program The Washington Post (PPP)—including sending a letter to the President—and worked After Lobbying Push, closely with a bipartisan, regionally diverse group of Congressional Casinos Are Eligible for lawmakers to successfully compel the Small Business Small-Business Funds Administration and Department of Treasury to issue revised Under New Stimulus Rules regulatory guidelines on April 24.

• Letters from members of Congress included: – The Bipartisan Nevada House Delegation – Representative Guy Reschenthaler (R-PA) - Co-Chair of the Congressional Gaming Caucus – Senators Jacky Rosen (D-NV), Catherine Cortez Masto (D-NV), and Michael Bennet (D-CO) – Senators Martha McSally (R-AZ), Steve Daines (R-MT), and Kevin Cramer (R-ND) – Senator Joni Ernst (R-IA) – Representative Greg Gianforte (R-MT)

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 3 2020 Strategic Accomplishments

SECURING ADDITIONAL RELIEF FOR THE GAMING INDUSTRY • Continue to seek additional relief measures, outlined in a September letter to Capitol Hill, to preserve and restore the jobs, tax revenue, and the commercial and tribal economic support our communities depend on, including:

– Targeted and temporary liability protections for responsible operators.

– Enhancing the Employee Retention Tax Credit by increasing the credit to 80 percent from 50 percent; increasing the wage base to $15,000/quarter for up to three quarters from $10,000/year; easing the qualifying rules for revenue decline; including health benefits in the definition of qualified wages; and allowing businesses that receive a PPP loan to qualify for the credit.

– Accelerating the travel and tourism sector’s recovery by providing tax incentives to encourage business meetings and conventions Associated Press and by allowing businesses to fully deduct the cost of ordinary Still Hampered by Virus, and necessary business expenses at restaurant, hospitality, and U.S. Casinos Want Aid in entertainment facilities. Recovering – Implementing a tax credit for the purchase of personal protective equipment.

– Supporting vital economic support for tribal communities by extending the lifeline for Coronavirus Relief Fund (CRF) use to December 31, 2021, and providing additional flexibility for tribal governments to use the CRF to replace lost revenue.

AMPLIFYING GAMING’S VOICE THROUGH COALITIONS • Joined five association and business coalitions to advocate for the gaming industry’s key legislative priorities, including:

– America’s Recovery Fund Coalition, an alliance of more than 100 trade associations and business organizations advocating for a grant-based federal assistance program to power the resilience of American enterprise. Together, the Coalition’s members span 30 business sectors and employ 45 percent of the nation’s workforce — more than 58 million workers.

– Pushed efforts to create a targeted and limited safe harbor from liability for companies that implement federal public health guidelines related to the transmission of COVID-19 with more than 100 hospitality, travel, restaurant, retail, gaming, attractions, and entertainment industries.

– Urged Congress to quickly enact temporary and targeted liability relief legislation related to the COVID-19 pandemic with more than 200 trade groups.

– Asked congressional tax writers to allow businesses the option to monetize their general business credits to aid economic recovery, which provides immediate access to a source of liquidity, with more than 100 industry associations and chambers of commerce.

– Called on Congress to provide additional support ahead of 2020 Election as part of the COVID Relief Now Coalition, a group of nearly 250 public and private sector groups across the country.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 4 2020 Strategic Accomplishments

MEASURING AND COMMUNICATING COVID-19’S IMPACT • Created proprietary COVID-19 resources to provide context on the health and recovery of the industry. These resources provided members with data to inform their own reopening actions and proved central to our regular member calls on reopening.

– Launched an ongoing monthly casino visitation barometer in March to gauge Americans’ willingness to return to casinos and Cheddar their perceptions of casino health risks. Casino Industry Calls – Provided members with a bi-weekly snapshot from May to July on Washington for of consumers’ evolving perceptions around COVID-19, their Economic Support willingness to return to casinos and other travel and entertainment options, and what it would take to increase their comfort with a return to normal activities.

– Produced two rounds of focused surveys of past-year casino goers to understand their specific health concerns around casinos, what health and safety efforts undertaken by casinos would be most or least reassuring, and what efforts would have an outsized negative impact on the casino experience.

• Produced estimates around COVID-19’s economic impact on the industry and its workforce, helping to build our case on Capitol Hill for economic assistance and other support.

• Tracked the operating status of each casino property in the country and created a real-time map of casino openings and closures. By mid-November, the map had been viewed nearly 750,000 times, providing policymakers, investors, media, and consumers with an up-to-date view of the industry’s reopening.

• Developed tools and resources to guide AGA members, industry, media, and the general public through the COVID-19 crisis, including: COVID-19 Casino Tracker – AmericanGaming.org COVID-19 resource page—updated regularly with best practices, government and public health agency guidance, and gaming gives back stories—which reached nearly 20,000 visitors.

– Best practices from AGA member health and safety protocols to inform regulators, the public, and media of the industry’s approach to responsible reopening.

– COVID-19 grassroot advocacy playbooks to support CARES Act advocacy efforts for policymakers in 14 key gaming states.

– Factsheets and other collateral outlining COVID-19’s significant impact on the gaming industry, our employees, and communities to support advocacy efforts on Capitol Hill.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 5 2020 Strategic Accomplishments

• Created and launched Cards on the Table with Bill Miller video series featuring AGA member CEOs discussing the pandemic’s impact on gaming, recovery, and responsibly reopening as part of AGA’s initiative to elevate gaming industry’s response to COVID-19.

CONNECTING OUR MEMBERSHIP VIRTUALLY • Created the AGA Best Practices Working Group, which engaged more than 40 members for weekly discussions on reopening and Cards on The Table with Bill Miller & Matt King, FanDuel recovery.

• Hosted 11 webinars to deliver high-value content to more than 1,100 members and non-member attendees on a variety of topics, including liability, safety, research, and payments modernization.

• Convened eight AGA member groups virtually during the pandemic to drive conversation on industry priorities around critical topics, including COVID-19 relief, anti-money laundering (AML) best practices, regulatory modernization efforts, continued sports betting expansion, and responsibility.

ADVANCING GAMING POLICY PRIORITIES IN WASHINGTON While COVID-19 advocacy took top priority, the AGA continued to press forward on a number of key federal gaming priorities on Capitol Hill and within the administration.

• Worked with members of the Congressional Gaming Caucus, led by Reps. Dina Titus (NV-01), Guy Reschenthaler (PA-14), and Darin Las Vegas Review-Journal LaHood (IL-18), to request the U.S. Treasury Department to raise Gaming Association the threshold for reporting slot tax winnings from $1,200 to $5,000, Renews Request for Higher including: IRS Jackpot Threshold – Congressional Gaming Caucus letter to the Department of Treasury that outlined why the Treasury should use its regulatory authority to raise the threshold.

– Department of Treasury response showing it’s receptive to our concerns.

– Fiscal Year 2021 Financial Services and General Government Appropriations bill that passed the House of Representatives included report language that the AGA requested regarding the slot tax threshold.

• Worked successfully with members to block the inclusion of a Yucca Mountain amendment during the House Appropriations Committee’s consideration of Energy and Water funding bill.

• Effectively advocated for the Department of Commerce to clarify its broadly written WeChat executive order to only apply to Americans within the United States using WeChat, allowing U.S. companies to continue utilizing the platform in Macau.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 6 2020 Strategic Accomplishments

BUILDING GAMING CHAMPIONS AND RELATIONSHIPS WITH KEY ALLIES The AGA’s advocacy efforts benefit from gaming champions at the federal, state, and grassroots level. Our continued focus on building champions and cultivating relationships with key allies proved essential in advancing gaming policy priorities in 2020.

• Helped the Congressional Gaming Caucus grow its membership to 35 bipartisan members of Congress from 18 different states and Gaming Intelligence continued to engage the group throughout the year to advance US Representatives gaming priorities. Relaunch Congressional • Hosted caucus co-chairs, Reps. Dina Titus (NV-1) and Guy Gaming Caucus Reschenthaler (PA-14), to participate in an AGA member-only webinar to provide an update on congressional efforts in response to the COVID-19 pandemic.

• Developed a comprehensive political action committee (PAC) giving strategy that focuses on federal candidates who understand and play an active role in advancing AGA policy goals. While a difficult year for candidate and PAC fundraising due to pandemic restrictions, the AGA PAC has been able to support our gaming champions both virtually and with limited in-person interaction.

• Launched our grassroots outreach program to engage and inform individuals about the issues impacting the gaming industry and will serve as the basis for a more robust grassroots program in 2021.

• Cultivated relationships with state gaming association leaders, allowing for better information sharing on potential state policies that could be harmful to licensees, and prompted a number of the state associations to sign onto COVID-19 travel and hospitality coalition letters supported by the AGA.

• Continued to engage with organizations that represent state policymakers, including the Attorney General Alliance, National Council on State Legislatures, the National Council of Legislators from Gaming States, and more.

MODERNIZING GAMING REGULATION The AGA continued our focus on modernizing federal and state gaming regulation to streamline processes and remove barriers to innovation.

• Advanced efforts on AML effectiveness measures through formal comments submitted to FinCEN in November, including allowing Suspicious Activity Reports (SAR) “lite” filings on chip walking and structuring; allowing the gaming industry to join the 314(a) program; changing the thresholds for SAR currency transaction report (CTR) filings; clarifying sports betting and online gaming requirements; and other key issues.

• Successfully deterred potential action by federal regulators to require in-person ID verification for opening an online gaming account by reinforcing with FinCEN the industry’s rigorous processes when an account is opened, providing a rich regulatory foundation for our argument, and requesting that no distinction be made between online and in-person accounts.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 7 2020 Strategic Accomplishments

• Hosted the 5th Annual AML Summit to virtually convene more than 125 AGA members in the compliance and regulatory space to share best practices and hear from federal partners at FinCEN, IRS, OFAC, ICE, and FBI. The two-day event featured keynote addresses from United States Attorney of Nevada Nick Trutanich and ICE Homeland Security Investigations Executive Director Derek Banner.

• Led the collaboration of a new 314(b) template, as part of FinCEN’s Bank Secrecy Act Advisory Group, to help our members participate in the program more easily and increase information sharing across financial institutions. Because of our leadership, AGA members were the first to receive the template and presentation, which the AGA will work with JPMorganChase and Wells Fargo to present to other financial institutions in the coming months.

• Maintained periodic email newsletter communications to commercial and tribal gaming regulators emphasizing AGA’s commitment to serving as a resource for policymakers and arming them with AGA research and tools.

• Released a new resource on the value and importance of Regulatory Reform in the COVID-19 Era, highlighting how many of AGA’s previously identified regulatory reforms offer new essential opportunities to support the gaming industry’s recovery from COVID-19.

• Organized and sponsored AGA’s 6th Annual Regulator Roundtable to virtually convene more than 80 commercial and tribal regulators and other stakeholders around business matters facing the industry, including COVID-19, responsible gaming, and considerations as new sports betting markets evolve into mature sports betting jurisdictions.

• Partnered with the Association of Gaming Equipment Manufacturers (AGEM) to launch an ongoing campaign to provide state and local The Hill policymakers, law enforcement, and regulatory agencies with new Gaming Industry Works to resources and tools to stop the proliferation of unregulated gaming Combat Unregulated machines. The campaign attracted involvement from more than 20 Gaming Machines professional gaming association organizations, including the National Indian Gaming Association, North American Association of State and Provincial Lotteries, International Center for Responsible Gaming, National Council on Problem Gambling, multiple state casino and tribal associations, and both of the leading independent gaming equipment test labs.

GROWING AND PROTECTING THE SPORTS BETTING OPPORTUNITY The AGA continued our focus on growing and protecting the legal sports betting market, which has seen five states legalize sports betting and another six legal markets go live in 2020.

• Updated AGA’s Sports Betting Policy Principles in July 2020 to Associated Press better address issues that face American policymakers and sports Jackpot! Expansion of betting today. The policy principles served as the foundation for weighing in on select state policy discussions, such as: gambling in U.S. scores big at polls

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 8 2020 Strategic Accomplishments

– Responded to a consortium of Massachusetts colleges and universities letter to the state legislature asking for an unprecedented ban on wagering on college sports by explaining why legalizing regulated wagering on college sports is the right choice to protect game integrity, athletes, and consumers.

– Advocated for a regulatory approach that allows regulators flexibility to interpret, implement, and update rules governing payment methodologies in Georgia and Massachusetts in response to proposed sports betting legislation that did not provide for mainstream digital payment options in funding wagering activity to advance payments modernization.

• Testified at the Senate Judiciary Committee’s hearing, “Protecting the Integrity of College Athletics” on July 22, 2020. AGA CEO Bill Miller’s testimony underscored the need for a regulated, legal AGA CEO Bill Miller testifies in July 2020. market to ensure integrity and responsible gaming around collegiate sports. During questioning, the AGA was able to dispel the notion that a federal framework for sports betting is necessary and asked for assistance to root out illegal sportsbooks.

• Continued to push for a repeal of the federal sports betting excise and head taxes in order to help level the playing field and with illegal operators.

• Continued efforts to educate members of the media on the legal vs. illegal market by monitoring and following-up with more than two dozen reporters who cited illegal odds.

ADVANCING PAYMENTS MODERNIZATION The COVID-19 pandemic accelerated AGA’s efforts on payments modernization with progress in establishing a framework for payments CNBC policy, driving media interest, and engaging key stakeholders. Coronavirus May Sway Regulators to Allow Casinos • Developed and released new AGA Payments Policy Principles, a to Say Good-Bye to Cash result of AGA member collaboration, to educate state and tribal regulators who are considering expanding payment choice. To Cheddar accompany the principles, we also produced a responsible gaming Casinos Considering Going factsheet and FAQ. Cashless to Prevent Spread • Capitalized on accelerated demand for digital, contactless payment of Coronavirus options by conducting outreach to select state and tribal regulators The Wall Street Journal in California, Indiana, Iowa, Nevada, New Jersey, and Pennsylvania Casinos Consider Cashless to educate them on payments modernization. These efforts resulted Gambling to Fight in: Coronavirus – Nevada reformed its regulations in June 2020 to streamline the process for testing and approving new payments options.

– Pennsylvania revised its regulations to expressly allow for pre-paid instruments.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 9 2020 Strategic Accomplishments

• Engaged responsible gaming and problem gambling groups in early adopter states ahead of discussions with regulators, informing them of AGA’s efforts, detailing the role of payments modernization in driving responsible gaming, and gather critical feedback on potential barriers to use. The proactive conversations yielded positive results as these groups did not oppose the use of digital payments within their jurisdictions and were instead interested in further educational opportunities around digital payments in gaming.

• Engaged leadership at issuing banks and other financial institutions to unlock market opportunity by encouraging updates to gaming and sports betting transaction policies.

INFORMING MEMBERS, INDUSTRY, AND MEDIA Research and communications efforts were refocused on delivering frequent COVID-19 updates while continuing our proprietary industry The Financial Times and advocacy research and industry reputation enhancement and US Sports Betting Revenues protection. Remain Up in 2020 Despite INDUSTRY & ADVOCACY RESEARCH Cancellations Despite COVID-19, the AGA produced nearly 20 research products in Sports Business Journal 2020 by bringing polling and other industry data collection efforts in-house, Legal Sports Gambling minimizing costs, and increasing internal capabilities and expertise. Draws Bettors Away From • Launched the Commercial Gaming Revenue Tracker in August to Illegal Bookies provide members and the gaming industry with monthly and CNBC year-to-date gross gaming revenue (GGR) at a state and national Record Number of Bets level, broken down by individual gaming verticals. The tracker Expected for Super Bowl provides policy makers and the public with industry revenue snapshots and allows members exclusive access to detailed data on Associated Press industry revenue trends. US Commercial Casinos • Published the first all-digital version of our annual State of the States Won $43.6 Billion in 2019, report, the AGA’s flagship reference guide to the commercial gaming Up 3.7% industry.

• Expanded our consumer research with a study of consumer movement between the legal and illegal sports betting markets to illustrate for media, policymakers, and other stakeholders the importance of ongoing consumer education and the continued expansion of legal sports betting.

• Continued to provide members and the public with research to support the push for payments modernization by conducting multiple rounds of consumer research exploring how COVID-19 impacted perceptions toward cash and alternative payment methods.

• Updated our data on industry spending with diverse suppliers, providing AGA members with the first update to that data since 2007.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 10 2020 Strategic Accomplishments

• Conducted our annual American Attitudes survey of public views of gaming and our companion survey of policymakers’ views toward SBC Americas the gaming industry, which inform our communications with the Gaming Is Critical to public, gaming consumers, and policymakers on Capitol Hill, as well Louisiana Economy Says as provide member-only data on trends in key stakeholder opinions AGA report around gaming issues. Michigan Bets • Created comprehensive reports on the complete tax burden faced Report: Gaming Industry by the gaming industry across a representative set of four states. These reports showed that gaming is among the most heavily taxed Has $6.3b Impact on industries in each of the states evaluated and highlighted the need Michigan Economy, for more competitive tax structures. Supports Almost 38,000 Jobs • Continued the Casinos & Communities series with the development and release of Louisiana and Michigan state reports and timed each report release to pandemic reopening to support a positive narrative for the industry.

• Maintained and updated industry data with the creation of a new interactive map on the legal status of sports betting by state and regular updates to our State of Play tool, including detailed information on state gaming regulations and the industry’s economic impact.

COMMUNICATIONS • Continued to advance industry interests and advocacy priorities through robust media and marketing campaigns resulting in more than 125 interviews with AGA spokespeople and top tier media coverage in CNBC, The Wall Street Journal, Associated Press,

The Financial Times, and more.

• Reinforced the gaming industry’s role in the economy and communities across the country during the 2020 election, including an advertisement in the Las Vegas Review-Journal during the 2020 Democratic Presidential Primary debate. • Published more than 30 op-eds and thought leadership pieces supporting AGA advocacy and industry positioning objectives, including: – Placed an op-ed in The Baltimore Sun ahead of Maryland’s sports betting referendum in November that educated voters on how legal sports betting could boost tax revenue (including funds for K-12 education), create jobs, and provide Marylanders with the protections of the legal market.

– Placed an op-ed in the Las Vegas Sun in support of Rep. Susie

Lee’s (NV-03) and her efforts to overturn the Small Business Las Vegas Review-Journal Ad During Administration’s guidelines that prohibited gaming companies 2020 Democratic Presidential Primary Debate from receiving PPP funding.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 11 2020 Strategic Accomplishments

• Upgraded marketing efforts to ensure effective and modern digital communications to AGA members, industry, and other key stakeholders growing our email audience by six percent and website traffic by 43 percent.

AMPLIFYING OUR INDUSTRY’S RESPONSIBILITY EFFORTS As a core association priority, the AGA continued efforts to advance gaming’s commitment to responsibility with a focus on the nascent sports betting market.

• Launched the Have A Game Plan.® Bet Responsibly. public service campaign to protect the sports betting opportunity while educating Sports Business Journal new and seasoned sports bettors on responsible sports wagering. SBJ Betting: NHL Puts The campaign started in Capital One Arena in Washington, DC and Weight Behind AGA T-Mobile Arena in Las Vegas, NV and expanded through league Campaign partnerships with NASCAR and the National Hockey League. The Hill • Convened the gaming industry for Responsible Gaming Education Safe, Responsible Casino Week, Sept. 13-19, to promote the industry’s commitment to RG and gaming literacy with a focus on the Have A Game Plan Gaming Supports State campaign. Highlights include an op-ed from Congressional Gaming Economies At Crucial Time Caucus Co-Chairs Reps. Dina Titus and Guy Reschenthaler in The EGR Hill, hundreds of AGA members and gaming stakeholders American Gaming participating online and on-property, and leading a webinar with the Association Ignites Sports International Center for Responsible Gaming. Betting Ad Enforcement • Contributed to the development and release of the Responsible Process Gambling Collaborative’s Responsible Gambling Effectiveness Principles to chart a new course in responsible gambling and led Gaming Intelligence the collaborative’s state gaming tax appropriation research to better RG Collaborative Charts understand funding of state problem gambling programs. New Course for Responsible Gambling in the US • Developed and launched the Responsible Marketing Code for Sports Wagering enforcement process, including the creation of the Code Compliance Review Board chaired by UNLV’s Joe Bertolone and Becky Harris.

• Expanded focus on diversity and inclusion through steering committee participation in U.S. Chamber of Commerce workforce opportunity initiative and HBCU/gaming footprint mapping and introductions.

CONVENING THE GLOBAL GAMING INDUSTRY VIRTUALLY AT G2E 2020 The AGA navigated the Global Gaming Expo (G2E) franchise through the dynamics of the COVID-19 pandemic, ultimately offering virtual opportunities to connect and conduct business.

• Developed and executed a deliberate process to inform G2E decisions and planning for 2020 shows in Las Vegas, Macau, and Philippines in the wake of the pandemic, including key stakeholders such as the Association for Gaming Equipment Manufacturers.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 12 2020 Strategic Accomplishments

• Convened and regularly connected with AGA member supplier CEO working group to inform the long-term strategy for G2E as the SBC Americas AGA works with Reed Exhibitions to reimagine the event for 2021 AGA’s Bill Miller Offers and beyond. Optimism in Global • Planned and executed an all-virtual G2E 2020 from Oct. 27–28, Gaming Expo Address which attracted more than 6,000 registrants and featured three Las Vegas Review-Journal keynotes and 19 concurrent education sessions, 75 supplier Cortez Masto Touts showrooms, and networking sessions for all attendees. Pandemic Relief for • Produced a G2E Asia webinar series on key gaming topics to Gaming Legislation At G2E provide engagement opportunities for the Asian market. Las Vegas Review-Journal • Launched a year-round G2E platform, including the G2E Insider Live G2E 2020 Will Be webinar series, new content offerings, and exhibitor opportunities to Completely Different With engage the G2E audience throughout the year. Its Online Format GROWING THE ASSOCIATION THROUGH MEMBERS AND PARTNERS AGA members and partners represent the breadth of the gaming industry and drive our agenda and priorities.

• Renewed 88 percent of board-level AGA members, with nearly 20 percent of membership dues coming in following the shuttering of the industry due to COVID-19.

• Formalized AGA’s ad hoc payments group by creating the AGA Payments Modernization Working Group with 35 member organizations currently participating.

• Continued growth and engagement of AGA partners to help provide strategic and financial value to the association and our members across key AGA priorities.

• Convened 15 member CEOs for AGA’s annual CEO Roundtable, which focused on providing attendees with opportunities to network, learn about key trends facing the industry, and discuss the future of gaming.

• Added seven new members, including five core members and two ally members: Ainsworth, Bally’s Corporation, Bluberi, DraftKings, Eckert Seamans, LexisNexis Risk Solutions, OneComply, TBG Security, and TransUnion.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 13 Speaker Biographies

KIRK BLALOCK Partner, Fierce Government Relations

Kirk Blalock joined Fierce Government Relations in 2002 after serving President George W. Bush as special assistant to the president and deputy director, White House Office of Public Liaison. He was Bush’s lead staff liaison to the U.S. business community. Since joining the firm, Kirk has focused on firm management and new client development, while providing strategic counsel to the firm’s clients.

Previous to his Presidential appointment, Kirk served in several key positions, including: Director of External Affairs, Philip Morris Companies Inc.; Special Assistant to Chairman Haley Barbour, Republican National Committee; and Special Assistant to U.S. Secretary of Education Lamar Alexander.

Kirk served as the national chairman for Young Professionals for John McCain during the 2008 Presidential election. He is a Member of the Board of Visitors of The Fund for American Studies.

The Atlanta, Georgia native is a graduate of Auburn University.

STEVE ELMENDORF Partner & Co-Founder, Subject Matter

Steve is widely recognized as one of Washington, D.C.’s. preeminent political strategists. With a career on Capitol Hill and in politics spanning more than 30 years, Steve’s tenure in Washington has been grounded in daily interaction with the White House, administration officials, senators, members of Congress and leading interest groups on the front lines of the economic, social, domestic, national security and foreign policy debates of the last decades.

Steve rose to the highest-level Democratic staffer in the House of Representatives as chief of staff to House Democratic Leader Richard Gephardt. Upon leaving the Hill, he served as a senior advisor to the Gephardt, Kerry, and Clinton presidential campaigns. Since 2006, Steve has represented some of the nation’s most important corporations, trade associations, and organizations on critical legislative and regulatory issues, helping to drive their businesses, build their brands, and expand their market shares.

He has been a frequent guest on CNN, MSNBC, and Fox News, and is consistently listed among the most influential leaders in Washington byPolitico , The Hill, GQ, and other national publications.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 14 Board of Directors Roster

TREVOR CROKER BILL LANCE CEO & Managing Director Secretary of Commerce Aristocrat Technologies The Chickasaw Nation Executive Committee (Chair) Executive Committee Compensation Committee (Chair) JANIE DILLARD DAVID LOPEZ Senior Executive Officer, President & CEO Division of Commerce AGS Choctaw Nation Nominating and Membership Committee ROB NORTON DARON DORSEY• President, Cordish Global Gaming SVP, General Counsel & The Cordish Companies Group Compliance Officer Nominating and Membership Committee Ainsworth Game Technology BILL MCBEATH MARC CRISAFULLI President & CEO Executive Vice President, Strategy & Operations The Cosmopolitan of Las Vegas and President of Twin River Casino Hotel & Finance and Investment Committee Tiverton Casino Hotel Bally’s Corporation BRIAN HANSBERRY President, Gaming WENDY ANDERSON Delaware North Chief of Staff BMM Testlabs STANTON DODGE Chief Legal Officer TED BOGICH DraftKings EVP, Operations Boyd Gaming MIKE RUMBOLZ President & CEO MATT BELL• Everi President and CEO Casino Association of Indiana CHRISTIAN GENETSKI Chief Legal Officer and Chief Commercial Officer MARK FULTON FanDuel Group COO Cherokee Nation Entertainment, LLC RODNEY BUTLER Nominating and Membership Committee Chairman Foxwoods Resort Casino

•At-Large Director •Allied Director

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 15 Board of Directors Roster

ANNA SAINSBURY RON REESE Chairman & Founder SVP, Global Communications & Corporate Affairs GeoComply Las Vegas Sands Executive Committee CHRISTOPHER JUSTICE Nominating and Membership Committee (Chair) President Global Payments JOHN MCMANUS EVP & General Counsel STEPHEN ARCANA MGM Resorts International EVP & Chief Operating Officer Executive Committee Golden Entertainment, Inc. JAMES SIVA ERIC HAUSLER Vice Chairman, Tribal Council CEO Morongo Band of Mission Indians Greenwood Racing BRUCE DALL LEE FELDMAN President Roar Digital Board Member, appointed by GVC MotorCity Casino Hotel GVC RICK MEITZLER • MIKE DABADIE President, CEO North America Co-CEO and Founder Novomatic Heart+Mind MICHAEL DOMINELLI RENATO ASCOLI President CEO, Global Gaming NRT Tech IGT Executive Committee MARK MACARRO Compensation Committee Tribal Chairman Pechanga Band of Luiseño Indians JOHN CONNELLY Global CEO JAY SNOWDEN Interblock President & CEO Penn National Gaming STEVE SUTHERLAND Executive Committee President & CEO Konami Gaming ROB MESIROW• Finance and Investment Committee Partner PricewaterhouseCoopers

•At-Large Director •Allied Director

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 16 Board of Directors Roster

GREG CARLIN BO BERNHARD, PH.D• CEO Executive Director Rush Street Gaming UNLV International Gaming Institute Executive Committee Professor Compensation Committee UNLV William F. Harrah College of Hospitality Finance and Investment Committee (Chair) JOHN PAYNE LAURENS VOSLOO President & COO CEO VICI Properties San Manuel Band of Mission Indians JOE ASHER BARRY COTTLE CEO CEO William Hill US Scientific Games Executive Committee JAY DORRIS President & CEO JIM ALLEN Wind Creek Hospitality CEO Seminole Hard Rock Gaming WARREN TRISTRAM Executive Committee President Worldpay Gaming Solutions JOE PAPPANO President, Americas ELLEN WHITTEMORE Sightline Payments EVP & General Counsel Wynn Resorts GLEN GOLDSTEIN Executive Committee Executive Vice President, Diversified Markets TransUnion BILL MILLER President & CEO American Gaming Association

•At-Large Director •Allied Director

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 17 Member List

CORE MEMBERS

CASINO OPERATORS GAMING SUPPLIERS COMMERCIAL DIVERSIFIED GAMING SUPPLIERS Bally’s Corporation* Ainsworth Game Technology• Boyd Gaming* AGS* The Cordish Companies* Aristocrat Technologies* The Cosmopolitan of Las Vegas* Bluberi Gaming Delaware North* DraftKings, Inc.* Golden Entertainment* Everi* Greenwood Racing* FanDuel Group* Las Vegas Sands* GamingArts MGM Resorts International* GeoComply* MotorCity Casino Hotel* GVC Holdings PLC* Penn National Gaming* IGT* Rush Street Gaming* Incredible Technologies South Point Hotel & Casino Interblock* VICI Properties, Inc.* Konami Gaming* Wynn Resorts* LexisNexis Risk Solutions Novomatic* TRIBAL Scientific Games* Cherokee Nation Entertainment, LLC* TransUnion* The Chickasaw Nation* William Hill US* Choctaw Nation* FireKeepers Casino Hotel INDEPENDENT TESTING LABS Foxwoods Resort Casino* BMM Testlabs Morongo Band of Mission Indians* Gaming Laboratories International (GLI) Pechanga Band of Luiseño Indians* San Manuel Band of Mission Indians* PAYMENT & TRANSACTION SYSTEMS Seminole Hard Rock Gaming* ACS PlayOn Wind Creek Hospitality* Global Payments* JCM Global Mazooma NRT Tech* Sightline* Worldpay from FIS*

*Board-level Member Company •At-Large Director •Allied Director

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 18 Member List

ALLY MEMBERS STATE ASSOCIATIONS Casino Association of Indiana• FINANCIAL Illinois Casino Gaming Association Morgan Stanley Iowa Gaming Association Louisiana Casino Association NON-GAMING VENDOR: Mississippi Gaming & Hospitality Association BUSINESS TO BUSINESS Missouri Gaming Association Cintas Nevada Resort Association Covington & Burling LLP Regulatory Management Counselors Deloitte Eckert Seamans Cherin & Mellott, LLC Ernst & Young Heart+Mind Strategies• Nutanix OneComply PricewaterhouseCoopers• Southern Glazer’s Wine & Spirits of Nevada• Steelman Partners Sysco TBG Security Inc.

*Board-level Member Company •At-Large Director •Allied Director Updated as of November 30, 2020

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 19 Anti-Trust Compliance Policy and Guidelines

The American Gaming Association (“AGA” or “Association”) and its members share a common interest in promoting the gaming industry and its appeal in the U.S. through education and advocacy. In doing so the Association not only promotes the interests of its members, but also contributes to the U.S. economy and consumer welfare. Yet, AGA members compete with other members of their industry. Accordingly, both the AGA and its members must ensure that the Association and its various programs are used only to full the mission of the Association, and not to restrict competition in any way, or even to create the appearance of doing so.

Thus, it is the policy of the AGA to comply fully with all applicable antitrust laws. Full compliance with the antitrust laws is a requirement for AGA membership, and responsibility for compliance rests with each member.

This Antitrust Compliance Policy & Guidelines is intended to reflect the mutual commitment of the AGA and its members to comply fully with the antitrust laws, and also to assist Association members and staff in avoiding any potential for antitrust exposure in the first instance. Please note that the guidelines apply equally to all members whenever they are engaged in Association activities, including attendance at any AGA programs or meetings. Accordingly, the guidelines apply whenever members are attending any Association program, as well as when they are speaking informally (including while socializing) when attending any AGA meeting or program.

PROHIBITED PRICE AGREEMENTS AND DISCUSSIONS AGA members are prohibited from agreeing to the price at which they will sell their products or services regardless of the reasonableness of the price or whether the agreement is to raise, lower, peg, or stabilize prices.

Thus, at any meeting in which the AGA is in any way involved, AGA members are prohibited from discussing: Prices, costs, margins, or profits, including but not limited to discounts and bids; Formulas, policies, procedures, or other means for the setting of prices, discounts or other terms of sale or rental; Non-public, company-specific negotiated prices, rates, agreements or contracts; and Data regarding industry costs, revenues, capacity, inventory, sales, profit margins, or other data that bear on prices of members.

ASSOCIATION MEETING GUIDELINES An agenda will be prepared and distributed before the start of a meeting; Meeting discussions must be limited to agenda items unless the Chair approves additional topics; Minutes of a meeting should be recorded and represent the legal record of what transpired; Prior approval will be obtained before submitting statistics or other sensitive data to the Board of Directors or any program of the AGA;

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 20 Anti-Trust Compliance Policy and Guidelines

Members and staff must object to any discussions or activities that appear to violate these guidelines, disassociate from such activities, and leave the meeting if they continue; and

Members and staff should avoid colloquial language that might be mischaracterized later (e.g., “dominance,” “only game in town,” “control the market”).

OTHER PROHIBITED AGREEMENTS AND DISCUSSIONS At any AGA meeting or any meeting in which the AGA is in any way involved, AGA members are prohibited from entering into any agreements with respect to, and from discussing:

Any possible reduction in the output of services or products; Controls or limits on service or product quality or research;

Any possible agreement to refrain from competition, including though the division or allocation of any markets, territories, customers, or suppliers, or any limitation on the nature of business to be conducted by competitors; or

Any possible agreement or conduct which could be construed to constitute a boycott or an attempt to exclude any competitor from the U.S. market, or any part of the U.S. market, or from participation in an AGA-sponsored program or forum in which the competitor has a right to participate under AGA’s bylaws or other established policies.

LOBBYING AND GOVERNMENTAL RELATIONS One of the AGA’s core strategic priorities is to advocate on behalf of the gaming industry. It is important that all advocacy on behalf of the Association be coordinated through the AGA Public Affairs staff.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 21 Resolutions

AGA BOARD MEETING RESOLUTIONS, DECEMBER 4, 2020

1. APPROVAL OF MINUTES

RESOLVED, that the Minutes of the November 7, 2019 meeting of Board of Directors of the AGA (the “Board”) as set forth in the attached Exhibit A are approved.

2. COMMITTEE APPOINTMENTS

WHEREAS, the Board desires to appoint certain Board members to each of the Board-level committees as of January 1, 2021; and

NOW, THEREFORE, BE IT RESOLVED, that the following directors are appointed or re-appointed, as the case may be, to serve as members and/or as chairs of the indicated committees of the Board, effective as of January 1, 2021 consistent with the AGA bylaws and until their respective successors are elected and qualified or until their earlier death, resignation, or removal:

Executive Finance and Investment Committee Committee [TO BE PROVIDED [TO BE PROVIDED AT MEETING] AT MEETING] Nominating and Membership Compensation Committee Committee [TO BE PROVIDED [TO BE PROVIDED AT MEETING] AT MEETING]

3. GENERAL AUTHORITY

NOW, THEREFORE, BE IT RESOLVED, that the proper officers of the AGA, and each of them, are hereby authorized and directed to take all actions and execute, deliver, and file all agreements, certificates, instruments, and documents, in the name and on behalf of the AGA; to pay or cause to be paid all expenses; and to take all such other actions as the proper officers shall deem necessary, desirable, advisable, or appropriate to consummate, effectuate, carry out or, further any transactions contemplated by and the intent and purposes of the foregoing resolutions;

FURTHER RESOLVED, that in connection with any transactions or actions contemplated by the preceding resolutions, the secretary of the AGA is authorized in the name and on behalf of the AGA to certify any more formal or detailed resolutions as the secretary may deem necessary, desirable, advisable, or appropriate to carry out the full intent and purposes of the foregoing resolutions; and that thereupon, such resolutions shall be deemed adopted as and for the resolutions of the Board as if set forth at length herein; and

FURTHER RESOLVED, that that any actions taken by the proper officers of the AGA prior to the date of the foregoing resolutions that are within the authority conferred thereby are ratified, confirmed, approved, and adopted as actions of the AGA.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 22 Resolutions

EXHIBIT A. FALL 2019 MEETING Snowden (Penn National Gaming); and Suzanne MINUTES Trout (Foxwoods) also attended.

MINUTES OF THE MEETING OF THE BOARD Board Members Renato Ascoli (IGT); Ted Bogich OF DIRECTORS OF THE AMERICAN GAMING (Boyd); Rodney Butler (Foxwoods); Greg Carlin ASSOCIATION (Rush Street); Barry Cottle (Scientific Games); The meeting of the Board of Directors (the Bruce Dall (MotorCity); Janie Dillard (Choctaw “Board”) of the American Gaming Association Nation); Jay Dorris (Wind Creek); Lee Feldman (“AGA”), a nonprofit corporation organized under (GVC Holdings); Loren Gill (San Manuel Band of the laws of the District of Columbia, was held at the Mission Indians); Christopher Justice (Global Washington, DC offices of Covington & Burling in Payments); Parikshat Khanna (CG Technology); the Burling Room at 850 Tenth Street, NW David Lopez (AGS); Mark Macarro (Pechanga Washington, DC 20001 at 8:39 a.m., Eastern Time, Band); Bill McBeath (Cosmopolitan); John on November 7, 2019. The following dDirectors McManus (MGM Resorts); Rob Mesirow (PwC); were present at the start of the meeting, John Payne (VICI Properties); Ron Reese (Las constituting a quorum: Chairman Tim Wilmott Vegas Sands); Juan Rico (Chickasaw Nation); Mike (Penn National Gaming); Jim Allen (Seminole Hard Rumbolz (Everi); Michael Silberling (Mohegan Rock); Wendy Anderson (BMM Testlabs); Stephen Tribal Gaming Authority); James Silva (Morongo Arcana (Golden Entertainment); Joe Asher (William Band of Mission Indians); Ian Staller (Southern Hill); Matt Bell (Casino Association of Indiana), Bo Glazer’s); Christian Stuart (Caesars); and Ellen Bernhard (UNLV); John Connolly (Interblock); Whittemore (Wynn Resorts) were absent. Trevor Croker (Aristocrat Technologies); Michael Dominelli (NRT); Mark Fulton (Cherokee Nation Also present were Bill Miller, President and CEO; Entertainment, LLC); Kathy George (FireKeepers); Alex Aragon, Allie Barth, Casey Clark, Elizabeth Brian Hansberry (Delaware North); Elaine Hodgson Cronan, Chris Cylke, Cait DeBaun, Will Dennis, (Incredible Technologies); Edward King (Morgan Jessica Feil, David Forman, Kerry Gaylor, Audra Stanley); Kip Levin (FanDuel); Rick Meitzler Hill, Brandon Leggiero, Yolanda Malry, Eloy (Novomatic); Rob Norton (The Cordish Martinez, Jonathan Michaels, Elsa Nguyen, Companies); Joe Pappano (Vantiv Entertainment Meredith Pallante, Mirvantz Pierre, Caroline Solutions); Anna Sainsbury (GeoComply); Omer Ponseti, Mario Rajan, Anton Severin, Gabrielle Sattar (Sightline Payments); Steve Sutherland Voorhees, and LaVonne Withey, all of the AGA; (Konami Gaming); and Andrew Zarnett (Jefferies). Jessica Chod, Outside General Counsel of the Potomac Law Group; Kendall Bentz of High Bo Bernhard (UNLV) and Andrew Zarnett Lantern Group; and A.G. Burnett of McDonald (Jefferies), both At-Large Directors were in Carano. Presenters Kirk Blalock, Steve Elmendorf, attendance. and Rob Jekielek joined the meeting in progress prior to their respective presentations. Paul Anderson (Boyd), Titu Ashgar (Morongo), Howard Glaser (Scientific Games), Deron Hicks CHAIRMAN’S WELCOME (Global Payments), Lou Jacobs (Delaware North), Mr. Wilmott called the meeting to order and Nick Khin (IGT); Bill Lance (Chickasaw Nation); welcomed everyone to the meeting. He then Martin Lycka (GVC); Patrick Nichols referred directors to the antitrust policy in the (Cosmopolitan); Dan Schrementi (Incredible materials sent in advance of the meeting and that Technologies), Darren Simmons (Everi); Jay also had been provided to each director in hard

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 23 Resolutions

copy at the meeting (the “Board Book”). He asked Mr. Bretl to continue as Secretary and Treasurer of that attendees be mindful of the policy and raise the AGA; any questions regarding the policy with Ms. Chod. WHEREAS, the offices of Assistant Secretary and Mr. Wilmott then turned to the approval of certain Assistant Treasurer are currently vacant; resolutions related to various corporate governance items. First, he called the Directors’ attention to the WHEREAS, the Executive Committee has draft Board minutes from the April 10, 2019 recommended to the Board that Ms. Chod and Ms. meeting in the Board Book. He stated that these Voorhees be elected to fill certain vacant officer minutes would need to be approved. Mr. Wilmott positions; and then explained that the Board needed to vote on the composition of the Board-level committees, NOW, THEREFORE, BE IT RESOLVED, that the certain vacant officer positions, and a banking and Board acknowledges that Mr. Croker, current Vice general authority resolution. He also noted the Chairman of the AGA, will, as provided in the AGA support of the Executive Committee for the bylaws, succeed Mr. Wilmott as Chairman for a resolutions related to the composition of the two-year term beginning January 1, 2020, or until Board-level committees and certain vacant officer his earlier death, resignation, or removal, as positions which had been approved by the provided for in the AGA bylaws. Executive Committee at its November 6, 2019 meeting. Mr. Wilmott asked if there were any FURTHER RESOLVED, that the Board elects the questions on these actions and related draft following individuals to the officer positions that resolutions; hearing none and upon motion duly appear next to their name below, to serve effective made and seconded, the following resolutions were as of the date appearing next to their name below approved: and until the earlier election or qualification of his or her successor or until his or her death, APPROVAL OF MINUTES resignation, or removal: RESOLVED, that the Minutes of the April 10, 2019 meeting of Board of Directors of the AGA (the Dan Bretl-Secretary and Treasurer, effective July “Board”) as set forth in the attached Exhibit A are 13, 2019; Jessica Chod-Assistant Secretary, approved. effective November 7, 2019; Gabrielle Voorhees- Assistant Treasurer, effective November 7, 2019 OFFICER APPOINTMENTS WHEREAS, Mr. Wilmott’s term as Chairman ends COMMITTEE APPOINTMENTS as of December 31, 2019; WHEREAS, the Board desires to appoint certain Board members to each of the Board-level WHEREAS, Ms. Papadopoulos has resigned her committees as of January 1, 2020; and offices of Secretary and Treasurer, effective July 12, 2019; NOW, THEREFORE, BE IT RESOLVED, that the following Directors are appointed or re-appointed, WHEREAS, the Executive Committee has ratified as the case may be, to serve as members and/or the Compensation Committee’s prior action which as chairs of the indicated committees of the Board, appointed Mr. Bretl as Secretary and Treasurer of effective as of January 1, 2020 consistent with the the AGA and recommended that such AGA bylaws and until their respective successors appointment be ratified and that the Board elect

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 24 Resolutions

are elected and qualified or until their earlier FURTHER RESOLVED, that the proper officers of death, resignation, or removal: the AGA, and each of them, are hereby authorized and directed to take all actions and execute, Executive Committee deliver, and file all agreements, certificates, Trevor Croker (Aristocrat Technologies) — Chair instruments, and documents, in the name and on Jim Allen (Seminole Hard Rock Gaming) behalf of the AGA; to pay or cause to be paid all Renato Ascoli (IGT) expenses; and to take all such other actions as the Greg Carlin (Rush Street Gaming) proper officers shall deem necessary, desirable, Barry Cottle (Scientific Games) advisable, or appropriate to consummate, Bill Lance (The Chickasaw Nation) effectuate, carry out, or further any transactions John McManus (MGM Resorts International) contemplated by and the intent and purposes of Ron Reese (Las Vegas Sands) the foregoing resolutions; Jay Snowden (Penn National Gaming) Ellen Whittemore (Wynn Resorts) FURTHER RESOLVED, that in connection with any transactions or actions contemplated by the Compensation Committee preceding resolutions, the Secretary of the AGA is Trevor Croker (Aristocrat Technologies) — Chair authorized in the name and on behalf of the AGA Renato Ascoli (IGT) to certify any more formal or detailed resolutions as Greg Carlin (Rush Street Gaming) the Secretary may deem necessary, desirable, advisable, or appropriate to carry out the full intent Financial and Investment Committee and purposes of the foregoing resolutions; and that Greg Carlin (Rush Street Gaming) — Chair thereupon, such resolutions shall be deemed Bill McBeath (The Cosmopolitan of Las Vegas) adopted as and for the resolutions of the Board as Steve Sutherland (Konami Gaming) if set forth at length herein; and

Nominating and Membership Committee FURTHER RESOLVED, that that any actions taken Ron Reese (Las Vegas Sands) — Chair by the proper officers of the AGA prior to the date Mark Fulton (Cherokee Nation Entertainment) of the foregoing resolutions that are within the David Lopez (AGS) authority conferred thereby are ratified, confirmed, Rob Norton (The Cordish Companies) approved, and adopted as actions of the AGA.

BANKING RESOLUTION; GENERAL AUTHORITY Mr. Wilmott thanked the current at-large directors NOW, THEREFORE, BE IT RESOLVED, that the whose service on the Board ends upon the AGA has established and may establish in its name completion of 2019. one or more accounts with one or more financial institutions on such terms and conditions as may Mr. Wilmott then reported to the Board about the be agreed with said financial institutions, that any Executive Committee meeting that occurred on standard resolutions required by said financial November 6, 2019. He informed the Board that institutions to establish such accounts are hereby the meeting was productive and included adopted as if such resolutions were incorporated presentations on payments modernization, a herein, and that the officers of the AGA are discussion of the intersection of tribal and authorized to execute such resolutions required by commercial gaming, discussion of the 2019 said financial institutions for such accounts; financial results and the 2020 budget, and the recommendation of a new slate of At-Large

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 25 Resolutions

Directors for election by the AGA membership in Mr. Miller then shifted to a brief overview of 2019’s December. With respect to the 2019 financials and G2E Las Vegas, which was a very strong show for 2020 budget, Mr. Wilmott informed the Board that AGA. He stated that he was very proud of the AGA even with G2E Asia’s revenues being down, AGA’s team members’ performance at G2E. other sources of revenue, membership and partnership, were up and that the AGA continued Looking forward to 2020, Mr. Miller explained to to responsibly manage expenses and budget the Board the current paradox that the gaming conservatively for 2020. industry is facing. He stated that amongst the general public, gaming is generally accepted, but Mr. Wilmott went on to reflect on his term as AGA as visibility of the industry increases, so has Chairman, noting that he would be retiring at the negative sentiment at the federal level, especially end of 2019 and that his retirement coincided with with influencers in Washington, DC. With political the conclusion of his term as Chairman of the influencers’ opinions of the industry lagging behind AGA. He expressed his excitement for the future of the public, Mr. Miller stated that it is one of his the AGA and the industry. He welcomed Mr. main missions to help close this divide. As a result, Croker as the incoming Chairman of the AGA and he laid out three goals for 2020: (1) getting sports stated his confidence in Mr. Croker’s abilities. He gaming right, (2) modernizing the ability to do stated that he intended to remain involved with the business, and (3) turning public support into AGA through the PAC. political influence. He informed the group that he sees several opportunities to close the gap and PRESIDENT’S REPORT introduced Mr. Rob Jekielek of Harris Insights to Mr. Miller thanked Mr. Wilmott for his leadership as speak more about research on this topic. Chairman and his support of the AGA, remarking that his tenure as Chairman saw many changes, The Directors were given the opportunity to ask challenges, and growth both at the AGA and in the questions of Mr. Miller and discuss his report. industry. BENCHMARKING AGA’S INFLUENCE ON Mr. Miller began his report by giving a brief CAPITOL HILL overview of what he had focused on during his first Mr. Jekielek began his presentation with a brief 10 months as President and CEO of AGA. He overview of Harris Insights and then continued with discussed how he had spent a great deal of time the findings of the benchmarking research that on the road as well as on Capitol Hill. He Harris Insights had conducted. The key insights expressed his continued excitement to serve in his from the research included that (1) gaming is role and emphasized that he was continuing to polarizing in that it is seen as acceptable but is still focus on how he could strengthen the organization. met with skepticism, particularly with a gap between policymaker perception and the public’s Mr. Miller then provided a brief overview of AGA’s perception; (2) information about community new leadership team and indicated that each of impact perception is lagging; and (3) the those individuals was at the AGA to be an advocate perception of the AGA as a relevant and trusted for the industry and its members. Mr. Miller source is strong. Mr. Jekielek discussed the fact encouraged all AGA members to reach out and that policy makers do not seem to have an implicit engage with the leadership team and other AGA bias against gaming, but they do seem to have a staff. bias against the gaming industry. Mr. Jekielek stated that he was very optimistic about the

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 26 Resolutions

possibility of closing the perception gaps and that members on key committees; (2) AGA member there was room for the industry to improve, using properties in state/districts; and (3) AGA Casinos & AGA’s voice. Communities research. Mr. Cylke concluded his presentation by asking the Board and AGA The Directors were given the opportunity to ask membership for their assistance with and support questions of Mr. Jekielek and discuss his of these priorities. He stated that in particular it presentation. would be helpful to gain assistance in garnering support from property officials, identifying the best MEETING OVERVIEW local validators, and prioritizing which members of Mr. Miller reminded the Board that Lori Behrens Congress to target. had performed work for the AGA related to Board and membership engagement. Mr. Miller informed Questions and discussion ensued. Topics the Board that part of the feedback Ms. Behrens discussed included: the engagement of state received was that there was interest in making the governors and other officials and the timing of the Board meetings more interactive. As a result, Mr. announcement of the revived caucus. Miller stated that the remainder of the Board meeting was structured to address this feedback. INDUSTRY IMPERATIVE: RESPONSIBLE Mr. Miller mentioned that the Board priorities for GAMING the rest of the meeting would be to hear about Next, Mr. Clark presented on responsible gaming. champion development, the continued emphasis Mr. Clark stated that responsible gaming was a on responsible gaming, and unlocking new priority of the AGA and its membership. He opportunities with digital payments. summarized the ways in which the AGA has focused on responsible gaming, including case CHAMPION DEVELOPMENT AND POLICY studies on the AGA website, the Responsible PRIORITIES Gambling Collaborative, the Responsible Marketing Next, Mr. Miller introduced Mr. Cylke. Before Code for Sports Wagering, and the creation of a beginning his presentation, Mr. Cylke reminded the White Label Advertising Campaign. He highlighted Board that there was a list of legislative priorities that these efforts were helpful in combating the included in the Board materials and that he would negative public perceptions of the industry that be happy to answer any questions about those items. were discussed earlier in the meeting. Mr. Clark then introduced Mr. Bo Bernhard of UNLV’s Next, Mr. Cylke began his presentation about International Gaming Institute to speak more in Champion Development and Policy Priorities by detail about the Responsible Gambling covering the AGA 2019-2020 champion Collaborative. development efforts. He stated that these efforts included (1) the reestablishment of the Mr. Bernhard’s presentation included lessons Congressional Gaming Caucus; (2) a congressional learned from Australia’s gaming industry, a staff delegation to G2E; (3) building the AGA PAC; description of the objectives of the Responsible and (4) developing Get to Know Gaming Plus. Mr. Gambling Collaborative, and an introduction of the Cylke discussed the benefits and challenges of Harry Reid Research and Technology Park that is these efforts, as well as how the AGA planned to being developed in Las Vegas. continue these efforts through 2020. Mr. Cylke stated that AGA’s priorities with respect to At the conclusion of Mr. Bernhard’s presentation, champion development and policy were (1) Mr. Clark spoke about the Responsible Marketing

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 27 Resolutions

Code for Sports Wagering (the “Code”). Mr. Clark Director of Member Services at the AGA and Mr. explained that this was a self-regulatory function A.G. Burnett, partner at the law firm of McDonald and reviewed with the Board how the effort began Carano, on digital payments. Mr. Miller stated that approximately 18 months ago. He reviewed the Mr. Burnett would speak, in particular, from a progress that had been made and the work that regulator’s perspective. was upcoming before beginning enforcement of the Code. He stated that based on similar codes in Mr. Michaels began with an overview of the digital other industries he did not expect more than a payments work the AGA has engaged in since the handful of complaints each year. Mr. Clark thanked April 2019 Board meeting. He spoke about the all the AGA members and staff that had been conversations the informal working group had with involved in the process. AGA members and the work the working group had done, as well as the discussion of digital Lastly, Mr. Clark discussed the White Label payments at the Public Policy Committee earlier in Advertising Campaign. He reiterated that the week. He stated that as an outcome of the responsible gaming was critical to the industry, and work earlier in the year, the AGA engaged an with the influx of new entrants into the industry outside firm to conduct focus groups with that may not understand their responsibilities, the consumers. Mr. Michaels discussed the findings of AGA and the industry need to show influencers those focus groups, which included the that they are taking things seriously. Mr. Clark observation that consumers were initially hesitant explained that, as a result, the AGA was in the about digital payments but ended up being process of creating a public facing responsible receptive to digital payments after some education gaming campaign that was scalable for any market and discussion. He stated that responsible gaming and company. He showed the Board examples of remained key and that the regulatory and legal the consumer focused messaging from the landscape was varied. He then passed the campaign and discussed that the AGA was presentation to Mr. Burnett to discuss digital targeting the Capital One arena in Washington, DC payments from a regulator’s perspective. as a venue to use the campaign. Mr. Clark described how the campaign was meant to be Mr. Burnett spoke about his experiences at the used in partnership with those in the industry that Nevada Gaming Control Board and also the recent hold advertising inventory. discussions he conducted with current regulators across the country on the topic of digital payments. Questions and discussion ensued throughout the Mr. Burnett stated that none of the regulators said presentation. Topics discussed included: how that they would not entertain the possibility of responsible gaming initiatives are communicated digital payments, although the path to digital to the public and state regulators, how technology payments acceptance varied across the country can be incorporated into responsible gaming due to the regulatory and legal requirements in initiatives, the content that would be on the White each jurisdiction. He said that in the course of his Label Advertising Campaign website, and how the interviews with regulators, they voiced concerns AGA and the industry engage with athletes and over responsible gaming, the use of credit cards, celebrity influencers. and data privacy/consumer data protection.

FUTURE GROWTH: DIGITAL PAYMENTS Next, Mr. Michaels discussed next steps for the Following a short break, Mr. Miller introduced a AGA and the working group. He stated that areas presentation by Mr. Jonathan Michaels, Senior of focus for 2020 were (1) ally development; (2)

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 28 Resolutions

additional research; and (3) developing an Questions and discussion ensued at the end of the engagement strategy to effectuate policy changes. panel discussion. Topics discussed included: the impact of the economy on the presidential election, Lastly, Mr. Michaels introduced the table talk what states would determine the outcome of the discussion topics. 2020 election, and the impact of impeachment proceedings on the 2020 elections. The Directors were given the opportunity to ask questions of Mr. Michaels and Mr. Burnett and CLOSING REMARKS AND ADJOURNMENT discuss the presentation. Next, Mr. Croker took the podium to thank Mr. Wilmott for his leadership and Mr. Miller and the After the presentation, the Board and others in AGA staff for putting on a great meeting. Mr. Croker attendance engaged in a table talk discussion spoke about the need for participation in the AGA about digital payments. by the Board and the membership in order to strengthen the AGA and the industry as a whole. THE 2020 ELECTIONS: IMPACT ON GAMING Mr. Croker then thanked the Board for its time and At the conclusion of the table talk discussions, Mr. engagement at the meeting, and highlighted future Cylke led a panel with Mr. Kirk Blalock of Fierce meeting dates and locations. Government Relations and Mr. Steve Elmendorf of Subject Matter. The panel discussed the upcoming * * * 2020 elections and their potential impact on the industry. The panel answered questions from Mr. There being no further business, the meeting was Cylke about several topics, including the general adjourned at 12:10pm. sentiment in Washington, DC, the 2020 presidential candidate field, and Trump’s possible Respectfully submitted, path to reelection. Jessica Chod, Assistant Secretary

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 29 Statement of Activities

Projected actual for year ended December 31, 2020. Budget for the year ended December 31, 2021.

2020 2019 2021 Budget Actual Actual Budget Revenue $16,655,000 $5,302,370 $18,253,512 $10,855,500 Expense $16,817,022 $11,603,695 $16,242,200 $13,333,415 Operating Net ($162,022) ($6,301,325) $2,011,312 ($2,477,915)

The 2021 budget is subject to approval by the Executive Committee. Form 990 is available upon request. Please contact Dan Bretl, senior vice president of strategy and operations, at [email protected] for more information.

AMERICAN GAMING ASSOCIATION BOARD OF DIRECTORS MEETING 30