
							Average			Average			Value of Initial Fixed $100
	Summary			Compensation			Summary			Compensation			Investment Based on:
	Compensation			Actually			Compensation			Actually					Peer Group
	Table Total			Paid			Table Total for			Paid to			Total		Total
	for			to			non-PEO			non-PEO			Shareholder		Shareholder				Adjusted
Year	PEO (1)(3)			PEO (1)(5)			NEO (2)(3)			NEO (2)(5)			Return (6)		Return (6)(7)		Net Income		EBITDA (8)
2020	$	2,253,287		$	6,047,734		$	638,818		$	1,673,016		$	126.10	$	115.48	$	23,678,675	$	43,161,156
2021	$	5,442,917	(4)	$	10,571,793	(4)	$	1,192,276	(4)	$	2,730,885	(4)	$	152.32	$	113.77	$	68,487,227	$	137,294,593
2022	$	3,496,113		$	6,859,004		$	961,573		$	1,892,489		$	158.37	$	90.05	$	87,478,678	$	167,085,251

(1)	During the period 2020-2022, our PEO was our CEO, John Farahi.

(2)	During the period 2020-2022, our non-PEO NEOs were our President, Bob Farahi, and our CAO, Edwin S. Koenig.

(3)	Amounts derived directly from the “Summary Compensation Table”.

(4)	The amount includes a one-time stock bonus awards granted to the CEO and the President for successful completion of the 5-year expansion project.

(5)	Reconciliation of Compensation Actually Paid to Summary Compensation Total.


Year	Summary Compensation Table Total		Fair Value at Grant Date of Stock Awards Granted in the Covered Fiscal Year (deduct)		Fair Value at Grant Date of Option Awards Granted in the Covered Fiscal Year (deduct)		Fair Value at Fiscal Year-End of Stock Awards Granted in the Covered Fiscal Year (add)		Fair Value at Fiscal Year-End of Option Awards Granted in the Covered Fiscal Year (add)		Change in Fair Value at Fiscal Year-End from that at Prior Year-End of any Outstanding and Unvested at Year-End Option Awards Granted in Prior Years (add)		Change in Fair Value at Vesting Date from that at Prior Year-End of any Option Awards Vested During the Current Year and Granted in Prior Years (add)		Compensation Actually Paid
PEO
2020	$	2,253,287	$	—	$	1,632,278	$	—	$	4,081,415	$	1,689,316	$	(344,007)	$	6,047,734
2021	$	5,442,917	$	1,272,900	$	2,114,758	$	1,109,250	$	4,929,951	$	1,697,342	$	779,992	$	10,571,793
2022	$	3,496,113	$	—	$	2,573,722	$	—	$	5,125,949	$	392,002	$	418,662	$	6,859,004
Average Non-PEO NEO
2020	$	638,818	$	—	$	436,721	$	—	$	1,122,377	$	464,565	$	(116,022)	$	1,673,016
2021	$	1,192,276	$	318,225	$	641,983	$	277,313	$	1,540,637	$	466,765	$	214,102	$	2,730,885
2022	$	961,573	$	—	$	689,592	$	—	$	1,409,624	$	115,151	$	95,733	$	1,892,489

(6)	Amounts derived from the performance graph presented in Company’s Annual Report on SEC Form 10-K for the Year Ended December 31, 20222, filed on February 28, 2023.

(7)	Peer group is S&P 1500 Casino & Gaming Index.

(8)

Adjusted EBITDA, a non-GAAP financial measure, consists of net income plus loss on disposal of assets, provision for income taxes, stock-based compensation expense, other one-time charges, pre-opening expenses, construction litigation expenses, acquisition expenses, interest expense, depreciation and amortization less interest income, any benefit for income taxes and gain on disposal of assets. Adjusted EBITDA should not be construed as an alternative to operating income (as determined in accordance with US Generally Accepted Accounting Principles), as an indicator of the Company's operating performance, as an alternative to cash flows from operating activities (as determined in accordance with US GAAP) or as a measure of liquidity. This measure enables comparison of the Company's performance over multiple periods, as well as against the performance of other companies in our industry that report Adjusted EBITDA, although some companies do not calculate this measure in the same manner and, therefore, the measure as presented may not be comparable to similarly titled measures presented by other companies.

Named Executive Officers, Footnote [Text Block]

(1)	During the period 2020-2022, our PEO was our CEO, John Farahi.

(2)	During the period 2020-2022, our non-PEO NEOs were our President, Bob Farahi, and our CAO, Edwin S. Koenig.

PEO Total Compensation Amount

$ 3,496,113

$ 5,442,917

$ 2,253,287

Adjustment To PEO Compensation, Footnote [Text Block]

(5)	Reconciliation of Compensation Actually Paid to Summary Compensation Total.


Year	Summary Compensation Table Total		Fair Value at Grant Date of Stock Awards Granted in the Covered Fiscal Year (deduct)		Fair Value at Grant Date of Option Awards Granted in the Covered Fiscal Year (deduct)		Fair Value at Fiscal Year-End of Stock Awards Granted in the Covered Fiscal Year (add)		Fair Value at Fiscal Year-End of Option Awards Granted in the Covered Fiscal Year (add)		Change in Fair Value at Fiscal Year-End from that at Prior Year-End of any Outstanding and Unvested at Year-End Option Awards Granted in Prior Years (add)		Change in Fair Value at Vesting Date from that at Prior Year-End of any Option Awards Vested During the Current Year and Granted in Prior Years (add)		Compensation Actually Paid
PEO
2020	$	2,253,287	$	—	$	1,632,278	$	—	$	4,081,415	$	1,689,316	$	(344,007)	$	6,047,734
2021	$	5,442,917	$	1,272,900	$	2,114,758	$	1,109,250	$	4,929,951	$	1,697,342	$	779,992	$	10,571,793
2022	$	3,496,113	$	—	$	2,573,722	$	—	$	5,125,949	$	392,002	$	418,662	$	6,859,004
Average Non-PEO NEO
2020	$	638,818	$	—	$	436,721	$	—	$	1,122,377	$	464,565	$	(116,022)	$	1,673,016
2021	$	1,192,276	$	318,225	$	641,983	$	277,313	$	1,540,637	$	466,765	$	214,102	$	2,730,885
2022	$	961,573	$	—	$	689,592	$	—	$	1,409,624	$	115,151	$	95,733	$	1,892,489

Non-PEO NEO Average Compensation Actually Paid Amount

$ 1,892,489

2,730,885

1,673,016

Compensation Actually Paid vs. Total Shareholder Return [Text Block]

Compensation Actually Paid vs. Company Selected Measure [Text Block]

Tabular List [Table Text Block]

Financial Performance Measures List

The following are financial performance measures, which in the Company’s assessment, represent the most important financial performance measures used by the Company to link compensation actually paid to the NEOs for 2022:

●

Adjusted EBITDA

●

Net Revenue

●

Adjusted EBITDA Margin

●

Diluted Earnings per Share

●

Free Cash Flow

●

Leverage Ratio

Peer Group Total Shareholder Return Amount

90.05

113.77

115.48

Company Selected Measure Amount

167,085,251

137,294,593

43,161,156

Period of Expansion Project

5 years

Pay vs Performance Disclosure [Table]

Non-GAAP Measure Description [Text Block]

(8)

Adjusted EBITDA, a non-GAAP financial measure, consists of net income plus loss on disposal of assets, provision for income taxes, stock-based compensation expense, other one-time charges, pre-opening expenses, construction litigation expenses, acquisition expenses, interest expense, depreciation and amortization less interest income, any benefit for income taxes and gain on disposal of assets. Adjusted EBITDA should not be construed as an alternative to operating income (as determined in accordance with US Generally Accepted Accounting Principles), as an indicator of the Company's operating performance, as an alternative to cash flows from operating activities (as determined in accordance with US GAAP) or as a measure of liquidity. This measure enables comparison of the Company's performance over multiple periods, as well as against the performance of other companies in our industry that report Adjusted EBITDA, although some companies do not calculate this measure in the same manner and, therefore, the measure as presented may not be comparable to similarly titled measures presented by other companies.