UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): July 15, 2013
MOHEGAN TRIBAL GAMING AUTHORITY
(Exact name of registrant as specified in its charter)
Not Applicable | 033-80655 | 06-1436334 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
One Mohegan Sun Boulevard, Uncasville, CT | 06382 | |
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: (860) 862-8000
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 2 Financial Information
Item 2.02 Results of Operations and Financial Condition.
On July 15, 2013, the Mohegan Tribal Gaming Authority (the Authority) posted on its website its Slot Machine Statistical Report for Mohegan Sun containing statistics relating to slot handle, gross slot win, gross slot hold percentage, slot win contribution, free promotional slot play contribution and weighted average number of slot machines. The Slot Machine Statistical Report includes these statistics on a monthly basis for the nine months ended June 30, 2013 and the fiscal year ended September 30, 2012. A copy of the Slot Machine Statistical Report is furnished as an exhibit to this report on Form 8-K. This information also may be found on the Authoritys website at www.mtga.com, under Investor Relations/Mohegan Sun Slot Report. The Slot Machine Statistical Report is updated on a monthly basis on the Authoritys website.
Section 9 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) | Exhibits. |
The following exhibit is furnished as part of this report: |
99.1 | Mohegan Sun Slot Machine Statistical Report for the nine months ended June 30, 2013 and the fiscal year ended September 30, 2012. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: July 15, 2013 | MOHEGAN TRIBAL GAMING AUTHORITY | |||||||
By: | /s/ Bruce S. Bozsum | |||||||
Bruce S. Bozsum Chairman, Management Board |
Exhibit 99.1
Mohegan Sun Slot Machine Statistical Report | ||||||||||||||||||||||||||||||
Slot Handle (1) | Gross Slot Win (2) |
Gross Slot Hold Percentage (3) |
Slot
Win Contribution (4) |
Free Promotional Slot Play Contribution (5) |
Weighted Average Number of Slot Machines (6) | |||||||||||||||||||||||||
October-12 |
$ | 576,540,936 | $ | 48,453,564 | 8.40 | % | $ | 12,113,391 | $ | | 5695 | |||||||||||||||||||
November-12 |
592,387,489 | 49,983,641 | 8.44 | % | 12,495,910 | | 5569 | |||||||||||||||||||||||
December-12 |
616,075,474 | 50,040,861 | 8.12 | % | 12,510,215 | | 5559 | |||||||||||||||||||||||
January-13 |
573,125,293 | 47,079,938 | 8.21 | % | 11,769,985 | | 5550 | |||||||||||||||||||||||
February-13 |
550,181,967 | 45,415,017 | 8.25 | % | 11,353,754 | | 5532 | |||||||||||||||||||||||
March-13 |
700,669,432 | 58,677,350 | 8.37 | % | 14,669,338 | | 5542 | |||||||||||||||||||||||
April-13 |
627,501,964 | 52,646,629 | 8.39 | % | 13,161,657 | | 5533 | |||||||||||||||||||||||
May-13 |
655,412,962 | 54,980,311 | 8.39 | % | 13,745,078 | | 5527 | |||||||||||||||||||||||
June-13 |
640,366,639 | 50,501,686 | 7.89 | % | 12,625,421 | 624,957 | 5530 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Fiscal Year 2013 |
$ | 5,532,262,156 | $ | 457,778,997 | 8.27 | % | $ | 114,444,749 | $ | 624,957 | ||||||||||||||||||||
October-11 |
$ | 700,297,584 | $ | 58,816,118 | 8.40 | % | $ | 14,704,029 | $ | 396,307 | 6315 | |||||||||||||||||||
November-11 |
669,005,137 | 54,989,744 | 8.22 | % | 13,747,436 | 375,430 | 6264 | |||||||||||||||||||||||
December-11 |
695,067,804 | 57,008,522 | 8.20 | % | 14,252,131 | 331,215 | 6134 | |||||||||||||||||||||||
January-12 |
633,439,033 | 52,985,713 | 8.36 | % | 13,246,428 | 444,497 | 6116 | |||||||||||||||||||||||
February-12 |
667,382,478 | 55,788,688 | 8.36 | % | 13,947,172 | 332,266 | 6098 | |||||||||||||||||||||||
March-12 |
710,860,682 | 59,282,262 | 8.34 | % | 14,820,566 | 520,757 | 5977 | |||||||||||||||||||||||
April-12 |
657,864,028 | 54,943,016 | 8.35 | % | 13,735,754 | 609,093 | 5972 | |||||||||||||||||||||||
May-12 |
672,882,527 | 55,431,949 | 8.24 | % | 13,857,987 | 776,806 | 5965 | |||||||||||||||||||||||
June-12 |
679,291,248 | 54,848,251 | 8.07 | % | 13,712,063 | 901,415 | 5923 | |||||||||||||||||||||||
July-12 |
737,999,087 | 59,966,753 | 8.13 | % | 14,991,688 | 38,636 | 5917 | |||||||||||||||||||||||
August-12 |
687,178,647 | 56,335,356 | 8.20 | % | 14,083,839 | | 5900 | |||||||||||||||||||||||
September-12 |
670,908,879 | 54,720,324 | 8.16 | % | 13,680,081 | | 5872 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Fiscal Year 2012 |
$ | 8,182,177,134 | $ | 675,116,696 | 8.25 | % | $ | 168,779,174 | $ | 4,726,422 |
(1) | Slot Handle is defined as amounts wagered by patrons on slot machines, including free promotional slot plays. |
(2) | Gross Slot Win, sometimes referred to as gross slot revenues, is defined as amounts wagered less prizes paid out. |
(3) | Gross Slot Hold Percentage is defined as the percentage of slot handle that is held by slot machines. Gross slot hold percentage is derived by dividing gross slot win by slot handle. |
(4) | Slot Win Contribution 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) | Free Promotional Slot Play Contribution is defined as the portion of free promotional slot plays that must be paid to the State of Connecticut on a monthly basis. The contribution was 25% of the value of free promotional slot plays exceeding 5.5% of gross slot win. Effective July 1, 2012, the threshold before contribution payments on free promotional slot plays are required was increased from 5.5% of gross slot win to 11%. |
(6) | 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. |