EST PAW BEACH. FLORIDA 33402 ATTCRNEY5 AT LAW. ROSALYN MA IMO A 11/JIMES Y. GREGORY EARIMET T. HARDEE SASS. 1 LAAAlit 4 Oft FOC4 "Rum IL DONE, EM MA 1ULREA IIMPAHO °ARCA .LUESW.OUSIAP3011.11. uARA R. P HATFIELD NW. 5. Hee& ACK CHU KELLY HYMAN PM It. KELLEY,* CAMERON M. ICIDNEDv mum a Kay

ated cash of $135 million, we estimate net leverage at 4.9x. 'Exhibit 2: Eldorado Resorts ($ Millions) 2018(P) MA(P) 2017 (El 2018(E) Adjusted EM MA $050 WOO $309 $450 Less:Capital 5m:enthuses $100 $100 $80 $125 Less: Cash Interest 97 110 91 105 Less: Cash taxes 2 2 2 2 Plus: A