Indian Gaming

Mohegan Tribal Gaming Authority announces preliminary results for the quarter ending September 30, 2013:

Net revenues are expected to range between $338.5 million and $352.3 million, a decrease of between 4% to relatively flat compared to the fourth quarter of fiscal 2012

Gaming revenues are expected to range between $298.6 million and $310.8 million, a decrease of between 5% and 1% compared to the fourth quarter of fiscal 2012

Gross slot revenues are expected to range between $211.6 million and $220.2 million, a decrease of between 8% and 4% compared to the fourth quarter of fiscal 2012

Table games revenues are expected to range between $83.5 million and $86.9 million, an increase of between 3% and 7% compared to the fourth quarter of fiscal 2012

Non-gaming revenues are expected to range between $66.0 million and $68.7 million, an increase of between 4% and 9% compared to the fourth quarter of fiscal 2012

Adjusted EBITDA, a non-GAAP measure described below, is expected to range between $76.5 million and $79.6 million, a decrease of between 6% and 2% compared to the fourth quarter of fiscal 2012

Income from operations is expected to range between $56.2 million and $58.5 million, a decrease of between 3% to an increase of 1% compared to the fourth quarter of fiscal 2012

Net income attributable to the Authority is expected to range between $2.8 million and $3.8 million, a decrease of between 81% and 74% compared to the fourth quarter of fiscal 2012

Interest expense, net of capitalized interest, is expected to range between $41.4 million and $42.1 million, a decrease of between 4% and 2% compared to the fourth quarter of fiscal 2012

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Press Release: Mohegan Tribal Gaming Authority Announces Preliminary Fourth Quarter Fiscal 2013 Operating Results (Mohegan Tribal Gaming Authority 10/18)