Friday, February 13, 2009

More Mohegan Gaming Authority Financial Statistics

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The following are additional summary statistics extracted from today's Mohegan Tribal Gaming Authority announcement on its financial results for the three-month period of October through December 2008:

- Gaming revenues of $326.7 million, a 6.8% decrease from the first quarter of fiscal 2008

- Gross slot revenues of $244.7 million, a 1.4% decrease from the first quarter of fiscal 2008

- Table games revenues of $79.7 million, a 20.6% decrease from the first quarter of fiscal 2008

- Non-gaming revenues of $68.4 million, a 1.9% decrease from the first quarter of fiscal 2008

- Net revenues of $364.0 million, a 5.9% decrease from the first quarter of fiscal 2008

- Adjusted EBITDA, a non-GAAP measure described below, of $55.4 million, a 27.7% decrease from the first quarter of fiscal 2008

- Income from operations of $28.0 million, a 45.5% decrease from the first quarter of fiscal 2008

- Net loss of $3.8 million, compared to net income of $23.7 million in the first quarter of fiscal 2008