EX-99.1 3 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

 

Mohegan Tribal Gaming Authority

Slot Machine Statistical Report

 


 

     Slot Handle(1)

   Gross Slot
Win(2)


   Gross Slot
Hold Percentage(3)


   Slot Win
Contributions(4)


   Weighted
Average
Number of
Slot Machines(5)


October-02

   $ 755,336,012    $ 59,917,595    7.93%    $ 14,979,399    6201

November-02

     790,469,893      61,769,045    7.81%      15,442,261    6201

December-02

     799,064,535      62,112,276    7.77%      15,528,069    6201

January-03

     755,983,685      56,914,049    7.53%      14,228,512    6201

February-03

     704,911,367      56,260,649    7.98%      14,065,162    6201

March-03

     820,155,889      67,485,001    8.23%      16,871,250    6125

April-03

     768,893,246      63,787,752    8.30%      15,946,938    6101

May-03

     845,057,812      70,125,219    8.30%      17,531,305    6085

June-03

     823,576,764      65,616,941    7.97%      16,404,235    6039
    

  

  
  

    

Fiscal Year 2003

   $ 7,063,449,203    $ 563,988,527    7.98%    $ 140,997,131     
                                

October-01

   $ 688,566,467    $ 56,062,409    8.14%    $ 14,015,602    6219

November-01

     668,083,874      57,257,291    8.57%      14,314,323    6219

December-01

     702,595,215      58,571,813    8.34%      14,642,953    6219

January-02

     613,811,779      48,048,464    7.83%      12,012,116    6202

February-02

     681,991,294      55,122,363    8.08%      13,780,591    6198

March-02

     737,206,612      61,583,105    8.35%      15,395,776    6198

April-02

     712,162,354      58,334,023    8.19%      14,583,506    6198

May-02

     770,959,518      62,423,709    8.10%      15,605,927    6201

June-02

     760,295,625      61,643,480    8.11%      15,410,870    6201

July-02

     843,500,742      66,729,657    7.91%      16,682,414    6201

August-02

     879,393,472      72,495,992    8.24%      18,123,998    6201

September-02

     781,613,551      60,601,601    7.75%      15,150,400    6201
    

  

  
  

    

Fiscal Year 2002

   $ 8,840,180,503    $ 718,873,907    8.13%    $ 179,718,476     

 

(1)   “Slot Handle” is defined as the total amount of coins, tokens, credits or currency placed into slot machines by patrons to play slot machines.

 

(2)   “Gross Slot Win,” sometimes referred to by the Authority as gross slot revenues, is defined as all amounts played in slot machines reduced by both (a) the winnings paid out and (b) all amounts deposited by the Authority into the slot machines to ensure sufficient coins in each machine to pay out the winnings.

 

(3)   “Gross Slot Hold Percentage” is defined as the percentage of Slot Handle that is held by slot machines played by patrons. Slot Hold Percentage is derived by dividing Gross Slot Win by Slot Handle.

 

(4)   “Slot Win Contributions” is defined as the portion of Gross Slot Win that must be paid to the State of Connecticut on a monthly basis. For each 12-month period commencing July 1, 1995, the contribution is the lesser of (a) 30% of Gross Slot Win, or (b) the greater of (i) 25% of Gross Slot Win or (ii) $80.0 million.

 

(5)   “Weighted Average Number of Slot Machines” is defined as the weighted average number of slot machines on the casino gaming floor during the monthly period.