Press Release: Mohegan Tribal Gaming Authority Announces First Quarter Fiscal 2013 Operating Results

Tuesday, January 29, 2013  

"The Mohegan Tribal Gaming Authority, or the Authority, the owner and operator of Mohegan Sun in Uncasville, Connecticut, and Mohegan Sun at Pocono Downs in Wilkes-Barre, Pennsylvania, announced today the operating results for its first fiscal quarter ended December 31, 2012.

"The results for the quarter are reflective of our ongoing efforts to streamline our operations given the decline in business volumes at both of our properties," said Mitchell Grossinger Etess, Chief Executive Officer of the Authority. "Our team remains focused on improving efficiency and profitability, as evidenced by the increases in EBITDA and EBITDA margin in Connecticut, despite declining revenues. We are confident that we will benefit significantly from these efforts in the future given favorable economic and business conditions.""

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Press Release: Mohegan Tribal Gaming Authority Announces First Quarter Fiscal 2013 Operating Results (MTGA 1/29)