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): January 15, 2014
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 January 15, 2014, the Mohegan Tribal Gaming Authority (the Authority) posted on its website its Slot Machine Statistical Report for Mohegan Sun at Pocono Downs containing statistics relating to slot handle, gross slot win, gross slot hold percentage, Pennsylvania slot tax and weighted average number of slot machines. The Slot Machine Statistical Report includes these statistics on a monthly basis for the three months ended December 31, 2013 and the fiscal year ended September 30, 2013. 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 at Pocono Downs 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 at Pocono Downs Slot Machine Statistical Report for the three months ended December 31, 2013 and the fiscal year ended September 30, 2013. |
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.
MOHEGAN TRIBAL GAMING AUTHORITY | ||||||
Date: January 16, 2014 | By: | /s/ Kevin P. Brown | ||||
Kevin P. Brown | ||||||
Chairman, Management Board |
Exhibit 99.1
Mohegan Sun at Pocono Downs
Slot Machine Statistical Report
Weighted | ||||||||||||||||
Gross | Average | |||||||||||||||
Gross | Slot Hold | Pennsylvania | Number of | |||||||||||||
Slot Handle (1) | Slot Win (2) | Percentage (3) | Slot Tax (4) | Slot Machines (5) | ||||||||||||
October-13 |
$ | 213,160,499 | $ | 18,307,494 | 8.59% | $ | 9,752,184 | 2329 | ||||||||
November-13 |
210,752,195 | 17,744,376 | 8.42% | 9,491,086 | 2334 | |||||||||||
December-13 |
201,943,643 | 16,897,656 | 8.37% | 9,040,408 | 2332 | |||||||||||
|
|
|
|
|
|
|
||||||||||
Fiscal Year 2014 |
$ | 625,856,337 | $ | 52,949,526 | 8.46% | $ | 28,283,678 | |||||||||
October-12 |
$ | 228,493,251 | $ | 17,776,998 | 7.78% | $ | 9,569,315 | 2331 | ||||||||
November-12 |
223,189,508 | 18,026,952 | 8.08% | 9,717,226 | 2332 | |||||||||||
December-12 |
228,186,187 | 17,792,960 | 7.80% | 9,500,852 | 2332 | |||||||||||
January-13 |
226,471,766 | 17,128,930 | 7.56% | 9,261,033 | 2332 | |||||||||||
February-13 |
229,219,194 | 17,355,359 | 7.57% | 9,320,342 | 2332 | |||||||||||
March-13 |
271,525,419 | 20,419,380 | 7.52% | 10,991,664 | 2331 | |||||||||||
April-13 |
259,056,434 | 18,585,846 | 7.17% | 10,011,108 | 2332 | |||||||||||
May-13 |
260,025,761 | 19,603,520 | 7.54% | 10,548,648 | 2331 | |||||||||||
June-13 |
255,814,720 | 18,410,995 | 7.20% | 9,952,906 | 2331 | |||||||||||
July-13 |
252,217,627 | 18,589,821 | 7.37% | 9,962,375 | 2331 | |||||||||||
August-13 |
254,925,569 | 19,183,954 | 7.53% | 10,276,341 | 2332 | |||||||||||
September-13 |
207,969,647 | 17,252,892 | 8.30% | 9,308,538 | 2331 | |||||||||||
|
|
|
|
|
|
|
||||||||||
Fiscal Year 2013 |
$ | 2,897,095,083 | $ | 220,127,607 | 7.60% | $ | 118,420,348 |
(1) | Slot Handle is defined as amounts wagered by patrons on slot machines, including free promotional slot plays, which approximates amounts reported on the Pennsylvania Gaming Control Board website as Wagers. |
(2) | Gross Slot Win, sometimes referred to as gross slot revenues, is defined as amounts wagered less prizes paid out, which approximates amounts reported on the Pennsylvania Gaming Control Board website as Gross Terminal Revenue. |
(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) | Pennsylvania Slot Tax is defined as the portion of gross slot win that must be paid to the Commonwealth of Pennsylvania on a daily basis. This portion approximates 55% of gross slot win. |
(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. |