In terms of capital expenditures, during the quarter we invested $155 million and expect to spend $650 to $700 million in capital expenditures for the full year. This amount includes approximately $250 million in recurring maintenance capital, $75 million in incremental hotel capital, focused on the Orleans hotel remodel, which is expected to be completed by the end of this year. $50 million in growth capital, primarily related to completing Cadence Crossing, as well as the design and pre-construction activities for the Paradise Modernization Project. And finally, $300 million related to our Virginia project.

Apr 23, 2026 / CFO / receipt, needs a key / Josh Hirshberg, CFO | earnings call 2026-04-23 | transcript ae8d7825-2935-438f-a1f2-0aeb8b818083 | chars 12722-13338 | segment 12

We are continuing our capital investment program to enhance our guest experience while expanding our opportunities for growth. During the third quarter, we invested $146 million in capital, bringing year-to-date capital expenditures to $440 million. We now expect total capital expenditures for this year to be approximately $600 million. Capital plans include approximately $250 million in recurring maintenance capital, an additional $100 million in maintenance capital related to hotel room renovation projects, $100 million in growth capital, which includes the recently completed meeting and convention space at Ameristar St. Charles and the ongoing Cadence Crossing development here in Las Vegas, and then finally $150 million or so for our casino development in Virginia. Our growth capital projects remain on budget and on schedule.

Oct 23, 2025 / CFO / receipt, needs a key / Josh Hirshberg, CFO | earnings call 2025-10-23 | transcript 1f955662-7675-4493-8ef5-e0610e193713 | chars 13605-14445 | segment 14

And as Keith already mentioned, as part of our annual maintenance capital spend this year and next year, we have planned several restaurant upgrades and hotel room remodels.

Oct 24, 2023 / CFO / receipt, needs a key / Josh Hirshberg, CFO | earnings call 2023-10-24 | transcript b06a280c-d659-4b37-ac2e-53663bad3206 | chars 14441-14614 | segment 14