0001193125-14-144209.txt : 20140415 0001193125-14-144209.hdr.sgml : 20140415 20140415162452 ACCESSION NUMBER: 0001193125-14-144209 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140415 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140415 DATE AS OF CHANGE: 20140415 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOHEGAN TRIBAL GAMING AUTHORITY CENTRAL INDEX KEY: 0001005276 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] IRS NUMBER: 061436334 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-80655 FILM NUMBER: 14765245 BUSINESS ADDRESS: STREET 1: ONE MOHEGAN SUN BOULEVARD CITY: UNCASVILLE STATE: CT ZIP: 06382 BUSINESS PHONE: 860-862-8000 8-K 1 d713207d8k.htm FORM 8-K Form 8-K

 

 

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): April 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)

Registrant’s 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 April 15, 2014, 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 six months ended March 31, 2014 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 Authority’s 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 Authority’s 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 six months ended March 31, 2014 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: April 15, 2014

    By:  

/s/ Kevin P. Brown

 
      Kevin P. Brown  
      Chairman, Management Board  
EX-99.1 2 d713207dex991.htm EX-99.1 EX-99.1

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-13

   $ 592,664,968       $ 48,962,324         8.26 %    $ 12,240,581       $ —           5530   

November-13

     627,548,160         49,302,824         7.86 %      12,325,706         245,874         5530   

December-13

     570,616,991         45,897,679         8.04 %      11,474,420         —           5525   

January-14

     542,590,542         43,173,949         7.96 %      10,793,487         26,423         5503   

February-14

     525,763,484         43,856,419         8.34 %      10,964,105         —           5468   

March-14

     625,581,095         51,887,328         8.29 %      12,971,832         —           5447   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

    

Fiscal Year 2014

   $ 3,484,765,240       $ 283,080,523         8.12 %    $ 70,770,131       $ 272,297      

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   

July-13

     673,655,913         54,621,767         8.11 %      13,655,442         54,703         5541   

August-13

     700,399,159         56,353,417         8.05 %      14,088,354         271,712         5528   

September-13

     621,504,820         49,925,454         8.03 %      12,481,364         209,416         5530   
  

 

 

    

 

 

    

 

 

   

 

 

    

 

 

    

Fiscal Year 2013

   $ 7,527,822,048       $ 618,679,635         8.22 %    $ 154,669,909       $ 1,160,788      

 

(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.