SEGMENT REPORTING:

As of September 30, 2019, the Company, either directly or through subsidiaries, operates Mohegan Sun, along with its other Connecticut operations (the “Connecticut Facilities”), Mohegan Sun Pocono, along with its other Pennsylvania operations (the “Pennsylvania Facilities”) and the MGE Niagara Resorts. We assumed the day-to-day operations of the MGE Niagara Resorts on June 11, 2019. In addition, certain other properties are managed or under development by the Company. These operations, which were previously included within the Company's corporate functions, are also now identified as a separate reportable segment.

As of September 30, 2019, the Company's chief operating decision maker reviews and assesses the performance and operating results and determines the proper allocation of resources to the Connecticut Facilities, the Pennsylvania Facilities, the MGE Niagara Resorts and the properties managed or under development on a separate basis. Accordingly, the Company now has four separate reportable segments: (i) Mohegan Sun, which includes the operations of the Connecticut Facilities, (ii) Mohegan Sun Pocono, which includes the operations of the Pennsylvania Facilities, (iii) the MGE Niagara Resorts and (iv) management, development and other. The Company's corporate functions, along with any inter-segment activities are disclosed separately in the following segment disclosures to reconcile to consolidated results. In addition, the following segment disclosures for the fiscal years ended September 30, 2018 and 2017 have been restated to conform to fiscal 2019 presentation.



	For the Fiscal Years Ended
(in thousands)	September 30, 2019			September 30, 2018			September 30, 2017
Net revenues:
Mohegan Sun	$	992,043		$	1,068,892		$	1,079,920
Mohegan Sun Pocono	251,054			265,691			278,938
MGE Niagara Resorts	112,525			—			—
Management, development and other	33,349			19,806			100,505
Corporate	1,001			1,483			1,951
Inter-segment	(1,162		)	(240		)	(81,311		)
Total	$	1,388,810		$	1,355,632		$	1,380,003

Income (loss) from operations:
Mohegan Sun	$	156,276		$	230,890		$	249,403
Mohegan Sun Pocono (1)	(5,253		)	37,541			33,145
MGE Niagara Resorts	7,368			—			—
Management, development and other	1,152			(686		)	76,647
Corporate	(22,161		)	(23,211		)	(101,960		)
Inter-segment	(920		)	—			—
Total	$	136,462		$	244,534		$	257,235

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(1)	Includes a $39.5 million impairment charge related to Mohegan Sun Pocono's goodwill in fiscal 2019.



	For the Fiscal Years Ended
(in thousands)	September 30, 2019			September 30, 2018			September 30, 2017
Capital expenditures incurred:
Mohegan Sun	$	30,931		$	93,165		$	57,033
Mohegan Sun Pocono	6,526			9,889			6,897
MGE Niagara Resorts	3,389			—			—
Management, development and other	40,114			19,724			37,603
Corporate	34			24			—
Total	$	80,994		$	122,802		$	101,533

(in thousands)	September 30, 2019			September 30, 2018
Total assets:
Mohegan Sun	$	1,282,384		$	1,364,169
Mohegan Sun Pocono	548,424			581,079
MGE Niagara Resorts	342,821			—
Management, development and other	313,458			333,202
Corporate	912,712			838,454
Inter-segment	(888,203		)	(804,785		)
Total	$	2,511,596		$	2,312,119