0001193125-14-269223.txt : 20140715 0001193125-14-269223.hdr.sgml : 20140715 20140715162852 ACCESSION NUMBER: 0001193125-14-269223 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140715 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140715 DATE AS OF CHANGE: 20140715 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: 14976165 BUSINESS ADDRESS: STREET 1: ONE MOHEGAN SUN BOULEVARD CITY: UNCASVILLE STATE: CT ZIP: 06382 BUSINESS PHONE: 860-862-8000 8-K 1 d757596d8k.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): July 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 July 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 nine months ended June 30, 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 nine months ended June 30, 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: July 15, 2014     By:  

/s/ Kevin P. Brown

      Kevin P. Brown
      Chairman, Management Board
 EX-99.1 2 d757596dex991.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   
April-14     571,232,803        46,675,291        8.17 %      11,668,822        98,061        5447   
May-14     637,076,647        51,705,309        8.12 %      12,926,328        135,913        5447   
June-14     574,876,188        45,317,506        7.88 %      11,329,376        383,983        5449   
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    
Fiscal Year 2014   $ 5,267,950,878      $ 426,778,629        8.10 %    $ 106,694,657      $ 890,254     
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.