ORGANIZATION AND BASIS OF PRESENTATION (Tables)

9 Months Ended

Jun. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Disaggregation of Revenue

Revenue disaggregation by geographic location and revenue type was as follows (in thousands):

	For the Three Months Ended June 30, 2021
	Connecticut		Pennsylvania		Nevada		Canada
	(Mohegan Sun)		(Mohegan Sun Pocono)		(Mohegan Sun  Las Vegas)		(MGE Niagara Resorts) (1)		Other
Gaming	$	163,938	$	57,134	$	6,934	$	13,283	$	—
Food and beverage	16,770		2,940		1,133		—		(17)
Hotel	20,758		1,430		—		—		—
Retail, entertainment and other	18,595		1,427		295		1,097		179
Management and development	—		—		—		—		21,782
Net revenues	$	220,061	$	62,931	$	8,362	$	14,380	$	21,944

________

(1)Gaming revenues represent revenues earned under the Casino Operating and Services Agreement.

	For the Three Months Ended June 30, 2020
	Connecticut		Pennsylvania		Nevada		Canada
	(Mohegan Sun)		(Mohegan Sun Pocono)		(Mohegan Sun Las Vegas) (1)		(MGE Niagara Resorts) (2)		Other
Gaming	$	67,966	$	10,112	$	—	$	11,301	$	—
Food and beverage	2,779		231		—		—		(1)
Hotel	2,568		21		—		—		—
Retail, entertainment and other	4,926		148		—		45		211
Management and development	—		—		—		—		6,546
Net revenues	$	78,239	$	10,512	$	—	$	11,346	$	6,756

________

(1)Mohegan Sun Las Vegas did not open to the public until March 25, 2021.

(2)Gaming revenues represent revenues earned under the Casino Operating and Services Agreement.

	For the Nine Months Ended June 30, 2021
	Connecticut		Pennsylvania		Nevada		Canada
	(Mohegan Sun)		(Mohegan Sun Pocono)		(Mohegan Sun Las Vegas) (1)		(MGE Niagara Resorts) (2)		Other
Gaming	$	434,928	$	141,795	$	8,449	$	38,502	$	—
Food and beverage	39,022		4,913		1,310		—		(36)
Hotel	52,566		3,327		—		—		(11)
Retail, entertainment and other	48,458		3,357		318		2,691		2,996
Management and development	—		—		—		—		53,691
Net revenues	$	574,974	$	153,392	$	10,077	$	41,193	$	56,640

________

(1)Mohegan Sun Las Vegas opened to the public on March 25, 2021.

(2)Gaming revenues represent revenues earned under the Casino Operating and Services Agreement.

	For the Nine Months Ended June 30, 2020
	Connecticut		Pennsylvania		Nevada		Canada
	(Mohegan Sun)		(Mohegan Sun Pocono)		(Mohegan Sun Las Vegas) (1)		(MGE Niagara Resorts) (2)		Other
Gaming	$	352,946	$	107,499	$	—	$	109,197	$	—
Food and beverage	52,734		10,899		—		27,544		(79)
Hotel	40,491		3,485		—		6,319		(2)
Retail, entertainment and other	57,689		3,685		—		24,542		519
Management and development	—		—		—		—		24,012
Net revenues	$	503,860	$	125,568	$	—	$	167,602	$	24,450

________

(1)Mohegan Sun Las Vegas did not open to the public until March 25, 2021.

(2)Gaming revenues represent revenues earned under the Casino Operating and Services Agreement.

Contract with Customer

The following table summarizes these liabilities (in thousands):

	June 30, 2021		September 30, 2020
Outstanding gaming chips and slot tickets liability	$	8,576	$	7,623
Loyalty points deferred revenue liability	40,095		35,368
Patron advances and other liability	26,695		17,340
Total	$	75,366	$	60,331

Estimated Fair Value of Financing Facilities and Notes

The estimated fair values of the Company's long-term debt were as follows (in thousands):

	June 30, 2021
	Carrying Value		Fair Value
New senior secured credit facility - revolving (1)	$	45,000	$	44,381
2021 8% senior secured notes (1)	1,156,911		1,222,000
2016 7 7/8% senior unsecured notes (1)	493,140		516,875
MGE Niagara credit facility - revolving (1)	28,231		28,231
MGE Niagara credit facility - term loan (1)	71,806		72,594
MGE Niagara convertible debenture (2)	32,264		32,264
Mohegan Expo credit facility (3)	26,211		26,535
Guaranteed credit facility (3)	27,789		28,438
Redemption note payable (3)	57,278		57,278
Other (3)	4,312		4,312
Long-term debt	$	1,942,942	$	2,032,908

________

(1)Estimated fair values were based on Level 2 inputs (quoted market prices or prices of similar instruments) as of June 30, 2021.

(2)Estimated fair value was based on Level 3 inputs (changes in market conditions) from date of issuance (June 11, 2019) to June 30, 2021.

(3)Estimated fair values were based on Level 3 inputs (present value of future payments discounted to carrying value) as of June 30, 2021.