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  "documentTitle": "Moelis &amp; Company | Investment Banking Pitch Book | 22 slides",
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  "authorName": "Moelis & Company",
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  "presentationDate": "2019-08-01 00:00:00",
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  "notes": "The table highlights the growth of Adjusted EBITDA from ($12mm) in 2019E to $59mm in 2024E.",
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      "text": "Empire's financial projections assume it will increase its Adjusted EBITDA from ($12mm) in 2019E to $59mm in 2024E, including the impact of online sports betting, assuming fully remote mobile registration¹",
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      "text": "Source: Management Case. 1. Fully remote mobile registration... 2. Includes ground lease... 3. Includes Monticello... 4. EBITDA margin excludes online sports betting",
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      "text": "Summary of Empire Financial Projections – Including Online Sports Betting",
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