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1 INTRODUCING WYNN INTERACTIVE NOVEMBER 2020
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Page 1: INTRODUCING WYNN INTERACTIVE

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INTRODUCING WYNN

INTERACTIVE

NOVEMBER 2020

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FORWARD-LOOKING STATEMENTS

This presentation contains forward-looking statements regarding operating trends, future results of

operations and the completion of new projects, based upon beliefs and assumptions of our management

and on information currently available to us, all of which are subject to change. Such forward-looking

information involves important risks and uncertainties that could significantly affect anticipated results in the

future and, accordingly, actual results may differ materially from those expressed in any forward-looking

statements made by us. Additional information concerning potential factors that could affect the Company's

operational and financial results is included in the Company's Annual Report on Form 10-K for the year

ended December 31, 2019 and the Company's other periodic reports filed with the Securities and Exchange

Commission. The Company is under no obligation to (and expressly disclaims any such obligation to) update

or revise its forward-looking statements as a result of new information, future events or otherwise.

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Announcing a reorganization of Wynn Resorts, Limited’s (NASDAQ: WYNN) (“Wynn Resorts”) interactive

assets and partnership with BetBull Limited (“BetBull”) into a new majority owned subsidiary for online

sports betting and interactive gaming in the U.S. and internationally, called Wynn Interactive

▪ Wynn Interactive is majority owned (71%) and consolidated by Wynn Resorts

▪ Entity formed through the combination of the international gaming operations of BetBull, the U.S.-facing gaming

operations of Wynn Sports Interactive (“WSI”) and the social casino operations of Wynn Slots

– BetBull is a product-focused online gaming company with operations in the UK

– WSI, previously a 70%/30% joint venture between Wynn Resorts and BetBull, is focused on the U.S.

online gaming market with live operations in New Jersey and plans to expand its offering to additional

states in the near-term; offering is branded “WynnBET”

▪ In connection with the transaction, Wynn Resorts invested ~$80mm in Wynn Interactive, providing robust cash

funding to fuel growth and expansion

▪ The reorganization streamlines all interactive operations under a single entity, enhancing strategic alignment

among all shareholders

▪ The pursuit of a unified online strategy will diversify our business mix and geography of operations, over time

REORGANIZATION TRANSACTION OVERVIEW

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Brand and Product Built for the U.S. Customer Leveraging Land-Based Success

⎯ Ability to utilize land-based leadership to drive online success

⎯ Wynn brand is among the most recognized in U.S. casino gaming

⎯ Bespoke product built around the Wynn brand and U.S. betting customer

⎯ Leverage existing Wynn database of nearly 12 million high-value patrons

1

Poised for Rapid Expansion

⎯ Market access in nine states, with near-term goal of increasing footprint and expanding reach

⎯ Robust cash funding of ~$80mm from Wynn Resorts to fuel growth and expansion

2

Team With Proven Track Record of Delivering in Digital Gaming

⎯ Craig Billings, President/CFO of Wynn Resorts: Architect and former MD of Aristocrat

Technology’s social casino business and former Chairman of NYX Gaming (acquired by

Scientific Games)

⎯ Sadok Kohen, Founder and CEO of BetBull: 19-year digital gaming industry veteran and

proven entrepreneur, former Head of Innovation Products at Bwin.Party

⎯ Norbert Teufelberger: Illustrious career in the digital gaming industry, co-founder and former co-

CEO of Bwin

3

INVESTMENT HIGHLIGHTS

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(U.K. Sports Betting /

iCasino Business)

Wynn Resorts,

Limited

Former BetBull

Shareholders

▪ World-class brand

▪ Market access

▪ Corporate support

▪ Industry experience

▪ Technology / product knowledge

▪ Expertise in online gaming

(U.S. Sports Betting /

iCasino Business)

(Social Casino

Business)

71% 29%

SUPER-CHARGING OUR INTERACTIVE INITIATIVE

Consolidating our sports betting, iCasino and social casino businesses to enhance execution

Combined 2019 Gross Revenue of $21mm

Note: Currencies are converted to USD at 2019 average GBP:USD exchange rate of 1.276

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Craig Billings

Director

Sadok Kohen

President and CPO,

Wynn Interactive &

Director

(Founder of BetBull)

Matt Maddox

Chairman

Norbert

Teufelberger

Director

(Co-Founder and

Former Co-CEO of

Bwin)

Ellen Whittemore

Director

THE WYNN INTERACTIVE TEAM

Professionals in

Engineering and Product

Management60

Professionals in

Marketing, User

Acquisition, Customer

Service and Trading48

Professionals in

Business Development,

Compliance, Legal,

Finance and Admin32

Offices in Las Vegas,

Jersey City, Malta,

London and Istanbul5

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BetBull is Wynn Interactive’s UK-facing product

▪ Focus on parlays, gamification and social features

▪ High performance native mobile application

325K+Users Followed

Each Other

3M+Live Chat Sessions

300K+Comments Sent

950K+Users Made a ReBet of

Someone Else’s Ticket

BETBULL – NEVER BET ALONE

Note: Usage statistics represent Q4 19 data

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Login Social Bets1 Promoted BetsBetting Feed

1. Coming in Q4 2020

WYNNBET – OUR U.S.-FACING PRODUCT

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OH3NJ

WA

ID

CA3

NV

OR

AZ

CO

MT

NM

UT

WY

TX

KS

OK

IL2 IN

IA

MN

NE

ND

SD WI

MSAL

AR

KY

LA

MO

TN

FL6

GA3

NC

SC

VA

CT

ME

MI5

NHNY3

PA4

VT

MD

WV

RI

DE

DC

AK

HI

MA6

▪ Nine states with secured

market access (~24%1)

▪ Advanced stages of seeking

access in Tennessee and

Virginia via the states’

application processes (~5%1)

▪ Five states in discussions

(~29%1)

▪ Poised to pursue additional

market access opportunities

1. Reflects percentage of estimated total U.S. resident population age 18 and older per U.S. Census Bureau in which we have secured or are currently pursuing market access. Total addressable

market reflects an average of JP Morgan, Morgan Stanley and Goldman Sachs estimates for sports betting and iGaming combined

2. Wynn Interactive currently has 2nd skin market access which is not enabled under existing legislation and is in discussions for 1st skin market access. To the extent required, Wynn Interactive

would seek market access via the state’s tender process for online-only licenses in 2021

3. In discussions and/or subject to definitive documentation

4. Pennsylvania discussions are for online casino only

5. Michigan has passed legislation but operations are not yet live

6. Further legislation required for legalization

U.S. MARKET ACCESSWe have secured various degrees of market access, or have line of sight to gain access, in states covering

~58% of the ~$21bn total potential addressable market in the U.S.1

Market Access Secured

Market Access Pending – In Discussions

Market Access Pending – Application Process

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AN AUTHORIZED GAMING OPERATOR OF

OFFICIAL ONLINE SPORTSBOOK1

WynnBET is an authorized gaming operator of NASCAR and formed a partnership focused on Virginia, in

pursuit of licensure

WYNNBET / NASCAR PARTNERSHIP

1. Pending approval by Virginia as a gaming operator

Page 11: INTRODUCING WYNN INTERACTIVE

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