Grant Govertsen

Founded in 2011, Union Gaming Research Macau Ltd. is a subsidiary of CBRE Group, Inc. that provides investment research. The company is based in Macau, Macao.

Deutsche Bank Securities, Inc. (DBSI) is a SEC-registered broker/dealer headquartered in New York City. The firm was founded in 1971 and is a wholly-owned investment banking and brokerage arm of DB U.S. Financial Markets Holding Corp., ultimately held by Deutsche Bank AG (NYSE: DB, FRA: DBK) in Germany. DBSI provides securities brokerage and investment advisory services to domestic and international private clients and institutions. They are also a primary dealer in US government securities as designated by the Federal Reserve.

Chicago Partners LLC provided economic and financial analysis services. The company was founded in 1994 and was headquartered in Chicago, IL.

Founded in 2009, Union Gaming Research LLC is an equity and debt investment research firm located in Las Vegas, Nevada. The firm is a wholly-owned subsidiary of Union Gaming Group. They focus exclusively on research and analysis of the gaming industry. Union Gaming Research provides: (1) formal coverage of public and private gaming and gaming-related domestic and international companies (2) research reports about the gaming industry and (3) detailed financial models of gaming jurisdictions and companies that operate in these jurisdictions.