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Exhibit 10.26
Compensatory Arrangements with Certain Executive Officers
Set forth below are the 2007 salaries of the named executive officers and the discretionary cash bonuses paid to the named executive officers for performance in 2006:
Name and Title |
| Salary for Fiscal |
| Cash Bonus for |
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Peter M. Carlino Chairman and Chief Executive Officer |
| $ | 1,500,000 |
| $ | 1,400,000 |
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Leonard M. DeAngelo Executive Vice President of Operations |
| $ | 750,000 |
| $ | 625,000 |
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William J. Clifford Senior Vice President-Finance and Chief Financial Officer |
| $ | 700,000 |
| $ | 585,000 |
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Jordan B. Savitch Senior Vice President and General Counsel |
| $ | 405,000 |
| $ | 260,000 |
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Robert Ippolito Vice President, Secretary and Treasurer |
| $ | 270,000 |
| $ | 182,000 |
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(1) The bonuses granted were based on the Company’s overall performance, including its earnings, in 2006 and well as the executives’ individual performance in 2006.