Mohegan Tribal Gaming Authority 10-Q 7 Feb 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	3 Months Ended
	Dec. 31, 2018shares
Document and Entity Information [Abstract]
Entity Registrant Name	MOHEGAN TRIBAL GAMING AUTHORITY
Entity Central Index Key	1,005,276
Current Fiscal Year End Date	--09-30
Entity Filer Category	Non-accelerated Filer
Document Type	10-Q
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding	0

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Sep. 30, 2018
Current assets:
Cash and cash equivalents	$ 101,584	$ 103,944
Restricted cash and cash equivalents	414	1,036
Accounts receivable, net of allowance for doubtful accounts of $12,593 and $12,265, respectively	49,757	44,532
Inventories	14,881	15,357
Notes receivable	7,524	109,859
Other current assets	24,735	22,129
Total current assets	198,895	296,857
Restricted cash and cash equivalents	213,169	129,646
Property and equipment, net	1,382,099	1,395,369
Goodwill	39,459	39,459
Other intangible assets, net	416,333	403,495
Notes receivable	0	1,857
Other assets, net	49,364	45,436
Total assets	2,299,319	2,312,119
Current liabilities:
Current portion of long-term debt	73,865	73,232
Trade payables	14,049	14,704
Accrued payroll	39,783	54,380
Construction payables	9,732	10,747
Accrued interest payable	9,393	19,418
Other current liabilities	176,033	123,303
Total current liabilities	322,855	295,784
Long-term debt, net of current portion	1,735,467	1,740,923
Other long-term liabilities	11,096	4,618
Total liabilities	2,069,418	2,041,325
Commitments and Contingencies
Capital:
Retained earnings	203,255	250,707
Accumulated other comprehensive income	12,866	11,062
Total capital attributable to Mohegan Tribal Gaming Authority	216,121	261,769
Non-controlling interests	13,780	9,025
Total capital	229,901	270,794
Total liabilities and capital	$ 2,299,319	$ 2,312,119

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Sep. 30, 2018
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 12,593	$ 12,265

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Gross revenues	$ 319,500	$ 356,621
Less-Promotional allowances	0	(25,137)
Net revenues	319,500	331,484
Operating costs and expenses:
Advertising, general and administrative, including related party transactions of $11,332 and $10,580, respectively	49,018	50,377
Corporate, including related party transactions of $1,397 and $1,705, respectively	12,425	12,153
Depreciation and amortization	27,090	20,207
Other, net	1,921	621
Total operating costs and expenses	276,130	276,484
Income from operations	43,370	55,000
Other income (expense):
Interest income	3,439	3,869
Interest expense	(36,010)	(28,336)
Other, net	(91)	(1,843)
Total other expense	(32,662)	(26,310)
Net income	10,708	28,690
(Income) loss attributable to non-controlling interests	(86)	519
Net income attributable to Mohegan Tribal Gaming Authority	10,622	29,209
Comprehensive income:
Foreign currency translation adjustment	1,899	14,747
Other comprehensive income	1,899	14,747
Other comprehensive income attributable to non-controlling interests	(95)	(8,318)
Other comprehensive income attributable to Mohegan Tribal Gaming Authority	1,804	6,429
Comprehensive income attributable to Mohegan Tribal Gaming Authority	12,426	35,638
Gaming
Revenues:
Gross revenues	221,935	287,006
Operating costs and expenses:
Cost of goods sold	128,664	164,315
Food and beverage
Revenues:
Gross revenues	34,806	21,820
Operating costs and expenses:
Cost of goods sold	26,447	10,189
Hotel
Revenues:
Gross revenues	22,977	14,907
Operating costs and expenses:
Cost of goods sold	9,803	7,005
Retail, entertainment and other
Revenues:
Gross revenues	39,782	32,888
Operating costs and expenses:
Cost of goods sold	$ 20,762	$ 11,617

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Selling, general, and administrative	$ 49,018	$ 50,377
Corporate	12,425	12,153
Affiliates
Selling, general, and administrative	11,332	10,580
Corporate	1,397	1,705
Gaming
Cost of goods sold	128,664	164,315
Gaming | Affiliates
Cost of goods sold	702	1,367
Hotel
Cost of goods sold	9,803	7,005
Hotel | Affiliates
Cost of goods sold	$ 2,161	$ 2,340

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN CAPITAL - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Oct. 01, 2018
Statements of Changes in Capital
Total capital at beginning of period	$ 270,794	$ 309,169
Cumulative-effect adjustment for the adoption of ASC 606 Revenue from Contracts with Customers			$ (41,575)
Net income (loss)	10,708	28,690
Foreign currency translation adjustment	1,899	14,747
Distributions to Mohegan Tribe	(12,000)	(12,000)
Redemption of membership interest related to the New England Black Wolves franchise	75
Distributions to Mohegan Tribe related to Salishan-Mohegan, LLC		(390)
Total capital at end of period	229,901	340,216
Retained Earnings
Statements of Changes in Capital
Total capital at beginning of period	250,707	196,645
Cumulative-effect adjustment for the adoption of ASC 606 Revenue from Contracts with Customers			(41,575)
Net income (loss)	10,622	29,209
Distributions to Mohegan Tribe	(12,000)	(12,000)
Redemption of membership interest related to the New England Black Wolves franchise	(4,499)
Distributions to Mohegan Tribe related to Salishan-Mohegan, LLC		(390)
Total capital at end of period	203,255	213,464
Accumulated Other Comprehensive Income
Statements of Changes in Capital
Total capital at beginning of period	11,062	1,125
Foreign currency translation adjustment	1,804	6,429
Total capital at end of period	12,866	7,554
Total Capital Attributable to Mohegan Tribal Gaming Authority
Statements of Changes in Capital
Total capital at beginning of period	261,769	197,770
Cumulative-effect adjustment for the adoption of ASC 606 Revenue from Contracts with Customers			$ (41,575)
Net income (loss)	10,622	29,209
Foreign currency translation adjustment	1,804	6,429
Distributions to Mohegan Tribe	(12,000)	(12,000)
Redemption of membership interest related to the New England Black Wolves franchise	(4,499)
Distributions to Mohegan Tribe related to Salishan-Mohegan, LLC		(390)
Total capital at end of period	216,121	221,018
Non-controlling Interests
Statements of Changes in Capital
Total capital at beginning of period	9,025	111,399
Net income (loss)	86	(519)
Foreign currency translation adjustment	95	8,318
Redemption of membership interest related to the New England Black Wolves franchise	4,574
Total capital at end of period	$ 13,780	$ 119,198

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Cash flows provided by operating activities:
Net income	$ 10,708	$ 28,690
Adjustments to reconcile net income to net cash flows provided by operating activities:
Depreciation and amortization	27,090	20,207
Accretion of discounts	194	1,733
Amortization of discounts and debt issuance costs	4,845	2,270
Provision for losses on receivables	369	832
Other, net	(247)	(254)
Changes in operating assets and liabilities:
Accounts receivable	(5,594)	(898)
Accrued interest on notes receivable related to the Cowlitz Project	72,166	(2,994)
Inventories	476	(507)
Other assets	(2,189)	(2,949)
Trade payables	(655)	(2,078)
Accrued interest payable	(10,025)	(9,601)
Other liabilities	(16,087)	(2,922)
Net cash flows provided by operating activities	81,051	31,529
Cash flows provided by (used in) investing activities:
Purchases of property and equipment	(14,064)	(44,387)
Proceeds from notes receivable related to the Cowlitz Project	32,026	0
Other, net	(1,364)	(2,357)
Net cash flows provided by (used in) investing activities	16,598	(46,744)
Cash flows provided by (used in) financing activities:
Other borrowings	11,335	3,200
Other repayments	(1,450)	(69)
Distributions to Mohegan Tribe	(12,000)	(12,000)
Other, net	(6,776)	(19)
Net cash flows provided by (used in) financing activities	(17,749)	25,722
Net increase in cash, cash equivalents, restricted cash and restricted cash equivalents	79,900	10,507
Effect of exchange rate on cash, cash equivalents, restricted cash and restricted cash equivalents	641	10,803
Cash, cash equivalents, restricted cash and restricted cash equivalents at beginning of period	234,626	239,056
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	315,167	260,366
Reconciliation of cash, cash equivalents, restricted cash and restricted cash equivalents to the condensed consolidated balance sheets:
Cash, cash equivalents, restricted cash and restricted cash equivalents at end of period	234,626	239,056
Supplemental disclosures:
Cash paid for interest	41,190	36,026
Construction payables	9,732	27,866
Senior secured credit facility reductions	28,858	18,650
Conversion of Redemption Liability to Redemption Note Payable	0	74,084
Credit Facility | Senior Secured Credit Facility - Revolving
Cash flows provided by (used in) financing activities:
Senior secured credit facility borrowings - revolving and line of credit	360,712	226,879
Credit Facility | Prior senior secured credit facility - term loans A and B
Cash flows provided by (used in) financing activities:
Credit facility/line of credit repayments	(350,712)	(191,879)
Credit Facility | Senior secured credit facility - term loans A and B
Cash flows provided by (used in) financing activities:
Credit facility/line of credit repayments	(18,858)	0
Salishan-Mohegan, LLC
Cash flows provided by (used in) financing activities:
Distributions to Mohegan Tribe related to Salishan-Mohegan, LLC	$ 0	$ (390)

ORGANIZATION AND BASIS OF PRESE

ORGANIZATION AND BASIS OF PRESENTATION	3 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BASIS OF PRESENTATION	ORGANIZATION AND BASIS OF PRESENTATION: Organization The Mohegan Tribe of Indians of Connecticut (the “Mohegan Tribe”) established the Mohegan Tribal Gaming Authority in July 1995 with the exclusive authority to conduct and regulate gaming activities for the Mohegan Tribe on tribal lands and the non-exclusive authority to conduct such activities elsewhere. In June 2017, the Mohegan Tribal Gaming Authority announced a corporate effort to align its brand image with its expanding business, and accordingly rebranded, and is now doing business as Mohegan Gaming & Entertainment (the “Company”). Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) for interim financial information and with instructions to Form 10-Q and Rule 10-01 of Regulation S-X. In accordance with Rule 10-01, the accompanying unaudited condensed consolidated financial statements do not include all of the information and footnotes required by US GAAP for complete consolidated financial statements. The accompanying year-end condensed consolidated balance sheet was derived from audited financial statements, but does not include all disclosures required by US GAAP. In management's opinion, all adjustments, including normal recurring accruals and adjustments, necessary for a fair statement of the Company's operating results for the interim period, have been included. The accompanying condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2018. The preparation of financial statements in conformity with US GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses and related disclosures of contingent assets and liabilities. Certain immaterial line items in the accompanying condensed consolidated financial statements for the three months ended December 31, 2017 have been combined or reclassified to conform to fiscal 2019 presentation. During the three months ended December 31, 2018, the Company made an out-of-period correction, which decreased property and equipment, net and increased depreciation and amortization expense by $6.3 million . This adjustment resulted from the assignment, in a prior year, of an incorrect useful life to depreciate a long lived asset related to tenant allowances. Fair Value of Financial Instruments The Company applies the following fair value hierarchy, which prioritizes the inputs utilized to measure fair value into three levels: • Level 1 - Quoted prices for identical assets or liabilities in active markets; • Level 2 - Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in inactive markets or valuations based on models where the significant inputs are observable or can be corroborated by observable market data; and • Level 3 - Valuations based on models where the significant inputs are unobservable. The unobservable inputs reflect the Company's estimates or assumptions that market participants would utilize in pricing such assets or liabilities. The Company's assessment of the significance of a particular input requires judgment and may affect the valuation of financial assets and liabilities and their placement within the fair value hierarchy. The carrying amount of cash and cash equivalents, restricted cash and cash equivalents, receivables, trade payables and certain promissory notes, including a redemption note payable, approximates fair value. The estimated fair values of the Company's long-term debt were as follows (in thousands): December 31, 2018 Carrying Value Fair Value Senior Secured Credit Facility - Revolving $ 66,000 $ 60,803 Senior Secured Credit Facility - Term Loan A $ 295,424 $ 281,846 Senior Secured Credit Facility - Term Loan B $ 809,160 $ 735,587 2016 7 7/8% Senior Unsecured Notes $ 489,323 $ 466,875 The estimated fair values of the Company's long-term debt were based on Level 2 inputs (quoted market prices or prices of similar instruments) on or about December 31, 2018 .

NEW ACCOUNTING STANDARDS

NEW ACCOUNTING STANDARDS	3 Months Ended
	Dec. 31, 2018
Accounting Changes and Error Corrections [Abstract]
NEW ACCOUNTING STANDARDS	NEW ACCOUNTING STANDARDS: ASU 2014-09 In May 2014, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASC 606”), which outlines a new, single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. Effective October 1, 2018, the Company adopted ASC 606, on a modified retrospective basis, to all contracts at the date of initial adoption. The Company recognized the cumulative-effect of initially adopting ASC 606 as an adjustment to retained earnings as of October 1, 2018, with a corresponding increase to other current liabilities. Comparative information for the three months ended December 31, 2017 has not been restated and continues to be reported under accounting standards in effect for that period. The adoption of ASC 606 did not have a material effect on the Company’s net income for the three months ended December 31, 2018. The Company does not expect the adoption of ASC 606 to have a material effect on its net income on a continuing basis. The cumulative-effect of adopting ASC 606 was as follows (in thousands): September 30, 2018 ASC 606 Adjustment October 1, 2018 Other current liabilities $ 123,303 $ 41,575 $ 164,878 Retained earnings $ 250,707 $ (41,575 ) $ 209,132 The impact of adopting ASC 606 on the Company’s condensed consolidated balance sheet as of December 31, 2018 was as follows (in thousands): Balance under ASC 606 Balance without ASC 606 Effect of Change December 31, 2018 December 31, 2018 Higher/ (Lower) Other current liabilities $ 176,033 $ 135,774 $ 40,259 Retained earnings $ 203,255 $ 243,514 $ (40,259 ) The impact of adopting ASC 606 on the Company’s condensed consolidated statement of income for three months ended December 31, 2018 was as follows (in thousands): Promotional Promotional Allowances Gross vs. For the Allowances (Non- Net Effect of Three Months Ended Loyalty (Discretionary Discretionary Presentation Cash Balance Change December 31, 2018 Points Complimentaries) Complimentaries) and Other Giveaways without Higher/ 2018 (1) (2) (2) (3) (4) ASC 606 (Lower) Revenues: Gaming $ 221,935 $ 1,219 $ (30,736 ) $ (17,847 ) $ 5,650 $ (2,679 ) $ 266,328 $ (44,393 ) Food and beverage 34,806 — 10,101 — 1,149 — 23,556 11,250 Hotel 22,977 — 5,998 — 164 — 16,815 6,162 Retail, entertainment and other 39,782 — 152 1,605 (1,962 ) — 39,987 (205 ) Gross revenues 319,500 1,219 (14,485 ) (16,242 ) 5,001 (2,679 ) 346,686 (27,186 ) Less-Promotional allowances — — 15,650 6,381 706 — (22,737 ) 22,737 Net revenues 319,500 1,219 1,165 (9,861 ) 5,707 (2,679 ) 323,949 (4,449 ) Operating costs and expenses: Gaming 128,664 (95 ) (1,711 ) (29,629 ) 5,752 (2,679 ) 157,026 (28,362 ) Food and beverage 26,447 — 2,876 7,355 1,149 — 15,067 11,380 Hotel 9,803 — — 2,591 164 — 7,048 2,755 Retail, entertainment and other 20,762 — — 9,822 (1,467 ) — 12,407 8,355 Advertising, general and administrative 49,018 — — — 109 — 48,909 109 Corporate 12,425 — — — — — 12,425 — Depreciation and amortization 27,090 — — — — — 27,090 — Other, net 1,921 — — — — — 1,921 — Total operating costs and expenses 276,130 (95 ) 1,165 (9,861 ) 5,707 (2,679 ) 281,893 (5,763 ) Income from operations $ 43,370 $ 1,314 $ — $ — $ — $ — $ 42,056 $ 1,314 The most significant impacts were as follows: (1) ASC 606 modified the accounting related to loyalty points. The Company’s loyalty reward programs allow patrons to utilize their reward membership cards to earn loyalty points that are redeemable for complimentary items such as food and beverage, lodging and retail products. Under ASC 606, the Company is required to utilize a deferred revenue model to reduce gaming revenues by the estimated fair value of loyalty points earned by patrons and recognize the related revenues when such loyalty points are redeemed. The deferred revenue liability is based on the estimated stand-alone selling price (“SSP”) of the loyalty points earned after factoring in the likelihood of redemption ("Breakage"). Prior to the adoption of ASC 606, the liability for unredeemed loyalty points was estimated based on expected redemption rates and estimated costs of the goods and services to be provided. (2) ASC 606 modified the accounting related to promotional allowances. The Company no longer recognizes revenues for complimentary items provided to patrons, as well as for goods and services provided to patrons in connection with loyalty point redemptions, as gross revenues with a corresponding offset to promotional allowances to arrive at net revenues. The majority of such amounts previously included within promotional allowances now offset gaming revenues based on an allocation of revenues to performance obligations utilizing SSP. These changes resulted in the elimination of promotional allowances and the reclassification of revenues between the various revenue line items. (3) ASC 606 modified gross versus net presentation. The Company now records mandatory service charges on food and beverage items and wide area progressive operator fees on a gross basis, with amounts received from patrons recorded as revenues and the corresponding amounts paid recorded as expenses. This change resulted in an increase in revenues with a corresponding increase in expenses. (4) ASC 606 modified the accounting related to cash giveaways. The Company now records cash giveaways as a reduction to gaming revenues. Previously, the Company recorded cash giveaways as a reduction to expenses. This change resulted in a decrease in expenses with a corresponding decrease in gaming revenues. The Company’s revenues from contracts with customers consist of gaming, food and beverage, hotel, retail, entertainment and convention related transactions, as well as management and development services related to management and development contracts with third-party facilities. The transaction price in a gaming contract is the difference between gaming wins and losses, not the total amount wagered. The transaction prices in food and beverage, hotel, retail, entertainment and convention contracts are the net amounts collected for such goods and services. Sales and other taxes collected on behalf of governmental authorities are accounted for on a net basis and are not included in revenues or expenses. The transaction price in a racing contract, inclusive of live racing at the Company’s facilities and import and export arrangements, is the commission received from the pari-mutuel pool less contractual fees and obligations, which primarily consist of purse funding requirements, simulcasting fees, tote fees and certain pari-mutuel taxes that are directly related to racing operations. The transaction prices in management and development service contracts are the amounts collected for services rendered in accordance with contractual terms, inclusive of reimbursable costs and expenses. Gaming transactions involve two performance obligations for patrons participating in the Company’s loyalty reward programs and a single performance obligation for patrons that do not participate. The Company applies a practical expedient by accounting for gaming contracts on a portfolio basis, as such contracts share similar characteristics. The Company does not expect the effects on its condensed consolidated financial statements under this approach to differ materially versus under an individual contract basis. Revenues allocated to gaming performance obligations are recognized when gaming occurs as such activities are settled immediately. Revenues allocated to the loyalty points deferred revenue liability are recognized as revenues when loyalty points are redeemed. The deferred revenue liability is based on the estimated SSP of the loyalty points earned after factoring in Breakage. Food and beverage, hotel, retail, entertainment and convention transactions have been determined to be separate, stand-alone performance obligations and the transaction prices for such contracts are recorded as revenues as the related goods and services are transferred to patrons. Revenues from contracts which include a combination of these transactions are allocated on a pro rata basis based on the goods' and services' SSP. Management and development services have been determined to be separate, stand-alone performance obligations and the transaction prices for such contracts are recorded as revenues as the related services are performed. Revenue Disaggregation The Company is a geographically diversified, multi-jurisdictional owner, operator and manager of gaming facilities. The Company’s current operations are focused within Connecticut and Pennsylvania. The Company also currently manages other gaming facilities within the United States. The Company generates revenues by providing the following types of goods and services: (1) gaming, (2) food and beverage, (3) hotel, (4) retail, entertainment, and other and (5) management and development. Revenue disaggregation by the various types of revenues and geographic locations for the three months ended December 31, 2018 was as follows (in thousands): Connecticut Pennsylvania Other (Mohegan Sun) (Mohegan Sun Pocono) (Corporate and Other) Gaming $ 170,482 $ 51,453 $ — Food and beverage 29,135 5,713 (42 ) Hotel 21,220 1,758 (1 ) Retail, entertainment and other 31,842 1,867 421 Management and development — — 5,712 Net revenues $ 252,679 $ 60,791 $ 6,090 Contract and Contract-Related Liabilities There may exist a difference between the timing of cash receipts from patrons and the recognition of revenues, resulting in a contract or contract-related liability. In general, the Company has three types of liabilities: (1) outstanding gaming chips and slot tickets liability, which represents amounts owed in exchange for outstanding gaming chips and slot tickets held by patrons, (2) loyalty points deferred revenue liability, as discussed above, and (3) patron advances and other liability, which primarily represents funds deposited in advance by patrons for gaming and advance payments by patrons for goods and services, such as advance ticket sales, deposits on rooms and convention space and gift card purchases. These liabilities are generally expected to be recognized as revenues within one year and are recorded within other current liabilities on the Company’s condensed consolidated balance sheets. The following table summarizes these liabilities (in thousands): December 31, 2018 October 1, 2018 Increase/ (Decrease) Outstanding gaming chips and slot tickets liability $ 6,690 $ 3,298 $ 3,392 Loyalty points deferred revenue liability $ 41,061 $ 42,314 $ (1,253 ) Patron advances and other liability $ 20,029 $ 17,530 $ 2,499 ASU 2016-18 In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash” (“ASU 2016-18”). ASU 2016-18 requires that a statement of cash flows explain the total change during the period in cash, cash equivalents and amounts generally described as restricted cash or restricted cash equivalents. The Company adopted ASU 2016-18 in its first quarter of fiscal 2019 on a retrospective basis. Transfers between cash, cash equivalents and amounts generally described as restricted cash or restricted cash equivalents are no longer included within investing activities and, as such, the details of such transfers are not reported as cash flow activities in the statement of cash flows. This resulted in a $13.4 million change to net cash flows used in investing activities for the three months ended December 31, 2017. ASU 2016-02 In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)” (“ASU 2016‑02”), which will require, among other things, lessees to recognize a right-of-use asset and a lease liability for leases with terms in excess of 12 months and the disclosure of key information about leasing arrangements. In July 2018, the FASB issued ASU No. 2018-11, “Leases (Topic 842): Targeted Improvements” and ASU No. 2018-10, “Codification Improvements to Topic 842, Leases”, which clarified various aspects of this new standard. ASU 2016‑02 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018, with early adoption permitted. ASU 2016-02 provides various optional practical expedients in transition, which the Company continues to evaluate. The Company expects to adopt ASU 2016-02 in its first quarter of fiscal 2020, on a modified retrospective basis, and will recognize the cumulative effect of its adoption as an adjustment to retained earnings as of October 1, 2019. While the Company continues to evaluate the impact ASU 2016-02 will have on its financial statements and related disclosures, the actual impact of this standard will be dependent upon the Company’s lease portfolio at the time of adoption. The adoption of this standard is expected to have a material impact on the Company’s financial statements, as the Company has significant operating lease commitments that are off-balance sheet under current US GAAP. ASU 2018-13 In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement” (“ASU 2018-13”), which adds, amends and removes certain disclosure requirements related to fair value measurements. ASU 2018-13 requires enhanced disclosures on valuation techniques and inputs that a reporting entity uses to determine its measures of fair value, including judgments and assumptions that the entity makes and the uncertainties in the fair value measurements as of the reporting date. ASU 2018-13 is effective for annual reporting periods beginning after December 15, 2019. Certain amended or eliminated disclosure requirements may be adopted earlier, while certain additional disclosure requirements can be adopted on its effective date. In addition, certain changes required by this standard require retrospective adoption, while other changes must be adopted prospectively. The Company is currently evaluating the impact this standard will have on its financial statements.

COWLITZ PROJECT

COWLITZ PROJECT	3 Months Ended
	Dec. 31, 2018
Cowlitz Project
Schedule of Long-term Development Projects [Line Items]
LONG TERM DEVELOPMENT PROJECT	COWLITZ PROJECT: On December 4, 2018, the Company received $106.6 million from the Cowlitz Tribal Gaming Authority. This amount represented the full repayment of the then-outstanding notes and accrued interest, through the repayment date, due to Salishan-Mohegan, LLC in connection with the development of ilani Casino Resort pursuant to the Cowlitz Project, totaling $32.0 million and $74.6 million , respectively.

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT: Long-term debt consisted of the following (in thousands): December 31, September 30, Senior Secured Credit Facility - Revolving $ 66,000 $ 66,000 Senior Secured Credit Facility - Term Loan A, net of discount and debt issuance costs of $6,016 and $6,661, respectively 295,424 311,466 Senior Secured Credit Facility - Term Loan B, net of discount and debt issuance costs of $19,670 and $20,571, respectively 809,160 810,430 2016 7 7/8% Senior Unsecured Notes, net of discount and debt issuance costs of $10,677 and $11,033, respectively 489,323 488,967 Mohegan Expo Credit Facility, net of debt issuance costs of $1,219 and $1,319, respectively 30,935 31,980 Guaranteed Credit Facility, net of debt issuance costs of $1,432 and $1,262, respectively 33,568 22,403 Redemption Note Payable, net of discount of $31,242 and $33,635, respectively 83,558 81,165 Other 1,364 1,744 Long-term debt 1,809,332 1,814,155 Less: current portion of long-term debt (73,865 ) (73,232 ) Long-term debt, net of current portion $ 1,735,467 $ 1,740,923 Senior Secured Credit Facilities - Non-cash Transactions On December 31, 2018 and 2017, the bank that administers the Company's debt service payments for its Senior Secured Credit Facilities made certain required and optional principal payments on behalf of the Company totaling $28.9 million and $18.7 million , respectively, but did not accordingly debit the Company's bank account for these payments . As of December 31, 2018 and 2017, the Company reflected these non-cash transactions as reductions to current portion of long-term debt and corresponding increases to other current liabilities. In the respective following months, the bank withdrew the payments from the Company's bank account, resulting in reductions to the Company's cash and cash equivalents and other current liabilities. Guaranteed Credit Facility - Second Advance On October 30, 2018, the Company entered into a follow-on loan agreement with certain third-party lenders providing for an $11.3 million term loan under the Indian Loan Guaranty, Insurance and Interest Subsidy Program (the “BIA Loan Guaranty Program”). This term loan, combined with an initial term loan issued under the BIA Loan Guaranty Program in late September 2018, completes the allocation to the Company of $35.0 million in guaranteed term loans under the BIA Loan Guaranty Program. Like the initial facility, this term loan is also secured by a 90% loan guarantee by the Department of the Interior, Assistant Secretary—Indian Affairs, Division of Capital Investment, and is otherwise identical to the initial facility, including use of proceeds, maturity, amortization, interest rate and covenant requirements. Debt Covenant Compliance As of December 31, 2018, the Company was in compliance with all financial covenants.

SEGMENT REPORTING

SEGMENT REPORTING	3 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING: The following table summarizes the Company's results on a segment basis (in thousands): For the Three Months Ended December 31, 2018 December 31, 2017 Net revenues: Mohegan Sun $ 252,679 $ 262,937 Mohegan Sun Pocono 60,791 64,804 Corporate and other 6,090 3,803 Inter-segment revenues (60 ) (60 ) Total $ 319,500 $ 331,484 Income (loss) from operations: Mohegan Sun $ 44,063 $ 56,393 Mohegan Sun Pocono 7,192 7,675 Corporate and other (7,885 ) (9,068 ) Total $ 43,370 $ 55,000 Capital expenditures incurred: Mohegan Sun $ 5,123 $ 30,932 Mohegan Sun Pocono 377 2,610 Corporate and other 7,549 14,215 Total $ 13,049 47,757 December 31, 2018 September 30, 2018 Total assets: Mohegan Sun $ 1,354,193 $ 1,364,169 Mohegan Sun Pocono 573,976 581,079 Corporate and other 371,150 366,871 Total $ 2,299,319 $ 2,312,119

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES: The Company is a defendant in various claims and legal actions resulting from its normal course of business, primarily relating to personal injuries to patrons and damages to patrons' personal assets. The Company estimates litigation claims expense and accrues for such liabilities based upon historical experience. In management's opinion, the aggregate liability, if any, arising from such legal actions will not have a material impact on the Company's financial position, results of operations or cash flows.

SUBSEQUENT EVENT

SUBSEQUENT EVENT	3 Months Ended
	Dec. 31, 2018
Subsequent Events [Abstract]
SUBSEQUENT EVENT	SUBSEQUENT EVENT: On January 1, 2019, the Mohegan Tribe surrendered its interest in Salishan Mohegan, LLC and a related entity for total consideration of $10 million . Accordingly, the Company will now receive 100% of the management fees in connection with its management of the Cowlitz Project, as well as the Mohegan Tribe's share of development fees moving forward.

ORGANIZATION AND BASIS OF PRE_2

ORGANIZATION AND BASIS OF PRESENTATION ORGANIZATION AND BASIS OF PRESENTATION (Policies)	3 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) for interim financial information and with instructions to Form 10-Q and Rule 10-01 of Regulation S-X. In accordance with Rule 10-01, the accompanying unaudited condensed consolidated financial statements do not include all of the information and footnotes required by US GAAP for complete consolidated financial statements. The accompanying year-end condensed consolidated balance sheet was derived from audited financial statements, but does not include all disclosures required by US GAAP. In management's opinion, all adjustments, including normal recurring accruals and adjustments, necessary for a fair statement of the Company's operating results for the interim period, have been included. The accompanying condensed consolidated financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the fiscal year ended September 30, 2018. The preparation of financial statements in conformity with US GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities, revenues and expenses and related disclosures of contingent assets and liabilities.
Fair Value of Financial Instruments	Fair Value of Financial Instruments The Company applies the following fair value hierarchy, which prioritizes the inputs utilized to measure fair value into three levels: • Level 1 - Quoted prices for identical assets or liabilities in active markets; • Level 2 - Quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in inactive markets or valuations based on models where the significant inputs are observable or can be corroborated by observable market data; and • Level 3 - Valuations based on models where the significant inputs are unobservable. The unobservable inputs reflect the Company's estimates or assumptions that market participants would utilize in pricing such assets or liabilities. The Company's assessment of the significance of a particular input requires judgment and may affect the valuation of financial assets and liabilities and their placement within the fair value hierarchy.
New Accounting Standards	NEW ACCOUNTING STANDARDS: ASU 2014-09 In May 2014, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, “Revenue from Contracts with Customers (Topic 606)” (“ASC 606”), which outlines a new, single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. Effective October 1, 2018, the Company adopted ASC 606, on a modified retrospective basis, to all contracts at the date of initial adoption. The Company recognized the cumulative-effect of initially adopting ASC 606 as an adjustment to retained earnings as of October 1, 2018, with a corresponding increase to other current liabilities. Comparative information for the three months ended December 31, 2017 has not been restated and continues to be reported under accounting standards in effect for that period. The adoption of ASC 606 did not have a material effect on the Company’s net income for the three months ended December 31, 2018. The Company does not expect the adoption of ASC 606 to have a material effect on its net income on a continuing basis. The cumulative-effect of adopting ASC 606 was as follows (in thousands): September 30, 2018 ASC 606 Adjustment October 1, 2018 Other current liabilities $ 123,303 $ 41,575 $ 164,878 Retained earnings $ 250,707 $ (41,575 ) $ 209,132 The impact of adopting ASC 606 on the Company’s condensed consolidated balance sheet as of December 31, 2018 was as follows (in thousands): Balance under ASC 606 Balance without ASC 606 Effect of Change December 31, 2018 December 31, 2018 Higher/ (Lower) Other current liabilities $ 176,033 $ 135,774 $ 40,259 Retained earnings $ 203,255 $ 243,514 $ (40,259 ) The impact of adopting ASC 606 on the Company’s condensed consolidated statement of income for three months ended December 31, 2018 was as follows (in thousands): Promotional Promotional Allowances Gross vs. For the Allowances (Non- Net Effect of Three Months Ended Loyalty (Discretionary Discretionary Presentation Cash Balance Change December 31, 2018 Points Complimentaries) Complimentaries) and Other Giveaways without Higher/ 2018 (1) (2) (2) (3) (4) ASC 606 (Lower) Revenues: Gaming $ 221,935 $ 1,219 $ (30,736 ) $ (17,847 ) $ 5,650 $ (2,679 ) $ 266,328 $ (44,393 ) Food and beverage 34,806 — 10,101 — 1,149 — 23,556 11,250 Hotel 22,977 — 5,998 — 164 — 16,815 6,162 Retail, entertainment and other 39,782 — 152 1,605 (1,962 ) — 39,987 (205 ) Gross revenues 319,500 1,219 (14,485 ) (16,242 ) 5,001 (2,679 ) 346,686 (27,186 ) Less-Promotional allowances — — 15,650 6,381 706 — (22,737 ) 22,737 Net revenues 319,500 1,219 1,165 (9,861 ) 5,707 (2,679 ) 323,949 (4,449 ) Operating costs and expenses: Gaming 128,664 (95 ) (1,711 ) (29,629 ) 5,752 (2,679 ) 157,026 (28,362 ) Food and beverage 26,447 — 2,876 7,355 1,149 — 15,067 11,380 Hotel 9,803 — — 2,591 164 — 7,048 2,755 Retail, entertainment and other 20,762 — — 9,822 (1,467 ) — 12,407 8,355 Advertising, general and administrative 49,018 — — — 109 — 48,909 109 Corporate 12,425 — — — — — 12,425 — Depreciation and amortization 27,090 — — — — — 27,090 — Other, net 1,921 — — — — — 1,921 — Total operating costs and expenses 276,130 (95 ) 1,165 (9,861 ) 5,707 (2,679 ) 281,893 (5,763 ) Income from operations $ 43,370 $ 1,314 $ — $ — $ — $ — $ 42,056 $ 1,314 The most significant impacts were as follows: (1) ASC 606 modified the accounting related to loyalty points. The Company’s loyalty reward programs allow patrons to utilize their reward membership cards to earn loyalty points that are redeemable for complimentary items such as food and beverage, lodging and retail products. Under ASC 606, the Company is required to utilize a deferred revenue model to reduce gaming revenues by the estimated fair value of loyalty points earned by patrons and recognize the related revenues when such loyalty points are redeemed. The deferred revenue liability is based on the estimated stand-alone selling price (“SSP”) of the loyalty points earned after factoring in the likelihood of redemption ("Breakage"). Prior to the adoption of ASC 606, the liability for unredeemed loyalty points was estimated based on expected redemption rates and estimated costs of the goods and services to be provided. (2) ASC 606 modified the accounting related to promotional allowances. The Company no longer recognizes revenues for complimentary items provided to patrons, as well as for goods and services provided to patrons in connection with loyalty point redemptions, as gross revenues with a corresponding offset to promotional allowances to arrive at net revenues. The majority of such amounts previously included within promotional allowances now offset gaming revenues based on an allocation of revenues to performance obligations utilizing SSP. These changes resulted in the elimination of promotional allowances and the reclassification of revenues between the various revenue line items. (3) ASC 606 modified gross versus net presentation. The Company now records mandatory service charges on food and beverage items and wide area progressive operator fees on a gross basis, with amounts received from patrons recorded as revenues and the corresponding amounts paid recorded as expenses. This change resulted in an increase in revenues with a corresponding increase in expenses. (4) ASC 606 modified the accounting related to cash giveaways. The Company now records cash giveaways as a reduction to gaming revenues. Previously, the Company recorded cash giveaways as a reduction to expenses. This change resulted in a decrease in expenses with a corresponding decrease in gaming revenues. The Company’s revenues from contracts with customers consist of gaming, food and beverage, hotel, retail, entertainment and convention related transactions, as well as management and development services related to management and development contracts with third-party facilities. The transaction price in a gaming contract is the difference between gaming wins and losses, not the total amount wagered. The transaction prices in food and beverage, hotel, retail, entertainment and convention contracts are the net amounts collected for such goods and services. Sales and other taxes collected on behalf of governmental authorities are accounted for on a net basis and are not included in revenues or expenses. The transaction price in a racing contract, inclusive of live racing at the Company’s facilities and import and export arrangements, is the commission received from the pari-mutuel pool less contractual fees and obligations, which primarily consist of purse funding requirements, simulcasting fees, tote fees and certain pari-mutuel taxes that are directly related to racing operations. The transaction prices in management and development service contracts are the amounts collected for services rendered in accordance with contractual terms, inclusive of reimbursable costs and expenses. Gaming transactions involve two performance obligations for patrons participating in the Company’s loyalty reward programs and a single performance obligation for patrons that do not participate. The Company applies a practical expedient by accounting for gaming contracts on a portfolio basis, as such contracts share similar characteristics. The Company does not expect the effects on its condensed consolidated financial statements under this approach to differ materially versus under an individual contract basis. Revenues allocated to gaming performance obligations are recognized when gaming occurs as such activities are settled immediately. Revenues allocated to the loyalty points deferred revenue liability are recognized as revenues when loyalty points are redeemed. The deferred revenue liability is based on the estimated SSP of the loyalty points earned after factoring in Breakage. Food and beverage, hotel, retail, entertainment and convention transactions have been determined to be separate, stand-alone performance obligations and the transaction prices for such contracts are recorded as revenues as the related goods and services are transferred to patrons. Revenues from contracts which include a combination of these transactions are allocated on a pro rata basis based on the goods' and services' SSP. Management and development services have been determined to be separate, stand-alone performance obligations and the transaction prices for such contracts are recorded as revenues as the related services are performed. Revenue Disaggregation The Company is a geographically diversified, multi-jurisdictional owner, operator and manager of gaming facilities. The Company’s current operations are focused within Connecticut and Pennsylvania. The Company also currently manages other gaming facilities within the United States. The Company generates revenues by providing the following types of goods and services: (1) gaming, (2) food and beverage, (3) hotel, (4) retail, entertainment, and other and (5) management and development. Revenue disaggregation by the various types of revenues and geographic locations for the three months ended December 31, 2018 was as follows (in thousands): Connecticut Pennsylvania Other (Mohegan Sun) (Mohegan Sun Pocono) (Corporate and Other) Gaming $ 170,482 $ 51,453 $ — Food and beverage 29,135 5,713 (42 ) Hotel 21,220 1,758 (1 ) Retail, entertainment and other 31,842 1,867 421 Management and development — — 5,712 Net revenues $ 252,679 $ 60,791 $ 6,090 Contract and Contract-Related Liabilities There may exist a difference between the timing of cash receipts from patrons and the recognition of revenues, resulting in a contract or contract-related liability. In general, the Company has three types of liabilities: (1) outstanding gaming chips and slot tickets liability, which represents amounts owed in exchange for outstanding gaming chips and slot tickets held by patrons, (2) loyalty points deferred revenue liability, as discussed above, and (3) patron advances and other liability, which primarily represents funds deposited in advance by patrons for gaming and advance payments by patrons for goods and services, such as advance ticket sales, deposits on rooms and convention space and gift card purchases. These liabilities are generally expected to be recognized as revenues within one year and are recorded within other current liabilities on the Company’s condensed consolidated balance sheets. The following table summarizes these liabilities (in thousands): December 31, 2018 October 1, 2018 Increase/ (Decrease) Outstanding gaming chips and slot tickets liability $ 6,690 $ 3,298 $ 3,392 Loyalty points deferred revenue liability $ 41,061 $ 42,314 $ (1,253 ) Patron advances and other liability $ 20,029 $ 17,530 $ 2,499 ASU 2016-18 In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230): Restricted Cash” (“ASU 2016-18”). ASU 2016-18 requires that a statement of cash flows explain the total change during the period in cash, cash equivalents and amounts generally described as restricted cash or restricted cash equivalents. The Company adopted ASU 2016-18 in its first quarter of fiscal 2019 on a retrospective basis. Transfers between cash, cash equivalents and amounts generally described as restricted cash or restricted cash equivalents are no longer included within investing activities and, as such, the details of such transfers are not reported as cash flow activities in the statement of cash flows. This resulted in a $13.4 million change to net cash flows used in investing activities for the three months ended December 31, 2017. ASU 2016-02 In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)” (“ASU 2016‑02”), which will require, among other things, lessees to recognize a right-of-use asset and a lease liability for leases with terms in excess of 12 months and the disclosure of key information about leasing arrangements. In July 2018, the FASB issued ASU No. 2018-11, “Leases (Topic 842): Targeted Improvements” and ASU No. 2018-10, “Codification Improvements to Topic 842, Leases”, which clarified various aspects of this new standard. ASU 2016‑02 is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018, with early adoption permitted. ASU 2016-02 provides various optional practical expedients in transition, which the Company continues to evaluate. The Company expects to adopt ASU 2016-02 in its first quarter of fiscal 2020, on a modified retrospective basis, and will recognize the cumulative effect of its adoption as an adjustment to retained earnings as of October 1, 2019. While the Company continues to evaluate the impact ASU 2016-02 will have on its financial statements and related disclosures, the actual impact of this standard will be dependent upon the Company’s lease portfolio at the time of adoption. The adoption of this standard is expected to have a material impact on the Company’s financial statements, as the Company has significant operating lease commitments that are off-balance sheet under current US GAAP. ASU 2018-13 In August 2018, the FASB issued ASU 2018-13, “Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement” (“ASU 2018-13”), which adds, amends and removes certain disclosure requirements related to fair value measurements. ASU 2018-13 requires enhanced disclosures on valuation techniques and inputs that a reporting entity uses to determine its measures of fair value, including judgments and assumptions that the entity makes and the uncertainties in the fair value measurements as of the reporting date. ASU 2018-13 is effective for annual reporting periods beginning after December 15, 2019. Certain amended or eliminated disclosure requirements may be adopted earlier, while certain additional disclosure requirements can be adopted on its effective date. In addition, certain changes required by this standard require retrospective adoption, while other changes must be adopted prospectively. The Company is currently evaluating the impact this standard will have on its financial statements.

ORGANIZATION AND BASIS OF PRE_3

ORGANIZATION AND BASIS OF PRESENTATION ORGANIZATION AND BASIS OF PRESENTATION (Tables)	3 Months Ended
	Dec. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Estimated fair value of financing facilities and notes	The carrying amount of cash and cash equivalents, restricted cash and cash equivalents, receivables, trade payables and certain promissory notes, including a redemption note payable, approximates fair value. The estimated fair values of the Company's long-term debt were as follows (in thousands): December 31, 2018 Carrying Value Fair Value Senior Secured Credit Facility - Revolving $ 66,000 $ 60,803 Senior Secured Credit Facility - Term Loan A $ 295,424 $ 281,846 Senior Secured Credit Facility - Term Loan B $ 809,160 $ 735,587 2016 7 7/8% Senior Unsecured Notes $ 489,323 $ 466,875

NEW ACCOUNTING STANDARDS (Table

NEW ACCOUNTING STANDARDS (Tables)	3 Months Ended
	Dec. 31, 2018
Accounting Changes and Error Corrections [Abstract]
Schedule of New Accounting Pronouncements	The impact of adopting ASC 606 on the Company’s condensed consolidated statement of income for three months ended December 31, 2018 was as follows (in thousands): Promotional Promotional Allowances Gross vs. For the Allowances (Non- Net Effect of Three Months Ended Loyalty (Discretionary Discretionary Presentation Cash Balance Change December 31, 2018 Points Complimentaries) Complimentaries) and Other Giveaways without Higher/ 2018 (1) (2) (2) (3) (4) ASC 606 (Lower) Revenues: Gaming $ 221,935 $ 1,219 $ (30,736 ) $ (17,847 ) $ 5,650 $ (2,679 ) $ 266,328 $ (44,393 ) Food and beverage 34,806 — 10,101 — 1,149 — 23,556 11,250 Hotel 22,977 — 5,998 — 164 — 16,815 6,162 Retail, entertainment and other 39,782 — 152 1,605 (1,962 ) — 39,987 (205 ) Gross revenues 319,500 1,219 (14,485 ) (16,242 ) 5,001 (2,679 ) 346,686 (27,186 ) Less-Promotional allowances — — 15,650 6,381 706 — (22,737 ) 22,737 Net revenues 319,500 1,219 1,165 (9,861 ) 5,707 (2,679 ) 323,949 (4,449 ) Operating costs and expenses: Gaming 128,664 (95 ) (1,711 ) (29,629 ) 5,752 (2,679 ) 157,026 (28,362 ) Food and beverage 26,447 — 2,876 7,355 1,149 — 15,067 11,380 Hotel 9,803 — — 2,591 164 — 7,048 2,755 Retail, entertainment and other 20,762 — — 9,822 (1,467 ) — 12,407 8,355 Advertising, general and administrative 49,018 — — — 109 — 48,909 109 Corporate 12,425 — — — — — 12,425 — Depreciation and amortization 27,090 — — — — — 27,090 — Other, net 1,921 — — — — — 1,921 — Total operating costs and expenses 276,130 (95 ) 1,165 (9,861 ) 5,707 (2,679 ) 281,893 (5,763 ) Income from operations $ 43,370 $ 1,314 $ — $ — $ — $ — $ 42,056 $ 1,314 The most significant impacts were as follows: (1) ASC 606 modified the accounting related to loyalty points. The Company’s loyalty reward programs allow patrons to utilize their reward membership cards to earn loyalty points that are redeemable for complimentary items such as food and beverage, lodging and retail products. Under ASC 606, the Company is required to utilize a deferred revenue model to reduce gaming revenues by the estimated fair value of loyalty points earned by patrons and recognize the related revenues when such loyalty points are redeemed. The deferred revenue liability is based on the estimated stand-alone selling price (“SSP”) of the loyalty points earned after factoring in the likelihood of redemption ("Breakage"). Prior to the adoption of ASC 606, the liability for unredeemed loyalty points was estimated based on expected redemption rates and estimated costs of the goods and services to be provided. (2) ASC 606 modified the accounting related to promotional allowances. The Company no longer recognizes revenues for complimentary items provided to patrons, as well as for goods and services provided to patrons in connection with loyalty point redemptions, as gross revenues with a corresponding offset to promotional allowances to arrive at net revenues. The majority of such amounts previously included within promotional allowances now offset gaming revenues based on an allocation of revenues to performance obligations utilizing SSP. These changes resulted in the elimination of promotional allowances and the reclassification of revenues between the various revenue line items. (3) ASC 606 modified gross versus net presentation. The Company now records mandatory service charges on food and beverage items and wide area progressive operator fees on a gross basis, with amounts received from patrons recorded as revenues and the corresponding amounts paid recorded as expenses. This change resulted in an increase in revenues with a corresponding increase in expenses. (4) The impact of adopting ASC 606 on the Company’s condensed consolidated balance sheet as of December 31, 2018 was as follows (in thousands): Balance under ASC 606 Balance without ASC 606 Effect of Change December 31, 2018 December 31, 2018 Higher/ (Lower) Other current liabilities $ 176,033 $ 135,774 $ 40,259 Retained earnings $ 203,255 $ 243,514 $ (40,259 )
Disaggregation of Revenue
Contract with Customer	The following table summarizes these liabilities (in thousands): December 31, 2018 October 1, 2018 Increase/ (Decrease) Outstanding gaming chips and slot tickets liability $ 6,690 $ 3,298 $ 3,392 Loyalty points deferred revenue liability $ 41,061 $ 42,314 $ (1,253 ) Patron advances and other liability $ 20,029 $ 17,530 $ 2,499

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt consisted of the following (in thousands): December 31, September 30, Senior Secured Credit Facility - Revolving $ 66,000 $ 66,000 Senior Secured Credit Facility - Term Loan A, net of discount and debt issuance costs of $6,016 and $6,661, respectively 295,424 311,466 Senior Secured Credit Facility - Term Loan B, net of discount and debt issuance costs of $19,670 and $20,571, respectively 809,160 810,430 2016 7 7/8% Senior Unsecured Notes, net of discount and debt issuance costs of $10,677 and $11,033, respectively 489,323 488,967 Mohegan Expo Credit Facility, net of debt issuance costs of $1,219 and $1,319, respectively 30,935 31,980 Guaranteed Credit Facility, net of debt issuance costs of $1,432 and $1,262, respectively 33,568 22,403 Redemption Note Payable, net of discount of $31,242 and $33,635, respectively 83,558 81,165 Other 1,364 1,744 Long-term debt 1,809,332 1,814,155 Less: current portion of long-term debt (73,865 ) (73,232 ) Long-term debt, net of current portion $ 1,735,467 $ 1,740,923

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	3 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Financial information related to segments	The following table summarizes the Company's results on a segment basis (in thousands): For the Three Months Ended December 31, 2018 December 31, 2017 Net revenues: Mohegan Sun $ 252,679 $ 262,937 Mohegan Sun Pocono 60,791 64,804 Corporate and other 6,090 3,803 Inter-segment revenues (60 ) (60 ) Total $ 319,500 $ 331,484 Income (loss) from operations: Mohegan Sun $ 44,063 $ 56,393 Mohegan Sun Pocono 7,192 7,675 Corporate and other (7,885 ) (9,068 ) Total $ 43,370 $ 55,000 Capital expenditures incurred: Mohegan Sun $ 5,123 $ 30,932 Mohegan Sun Pocono 377 2,610 Corporate and other 7,549 14,215 Total $ 13,049 47,757 December 31, 2018 September 30, 2018 Total assets: Mohegan Sun $ 1,354,193 $ 1,364,169 Mohegan Sun Pocono 573,976 581,079 Corporate and other 371,150 366,871 Total $ 2,299,319 $ 2,312,119

ORGANIZATION AND BASIS OF PRE_4

ORGANIZATION AND BASIS OF PRESENTATION (Details) $ in Thousands	Dec. 31, 2018USD ($)
Senior Secured Credit Facility - Revolving | Credit Facility | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Credit facility value	$ 66,000
Senior Secured Credit Facility - Revolving | Credit Facility | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Credit facility value	60,803
Senior Secured Credit Facility - Term Loan A | Credit Facility | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Credit facility value	295,424
Senior Secured Credit Facility - Term Loan A | Credit Facility | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Credit facility value	281,846
Senior Secured Credit Facility - Term Loan B | Credit Facility | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Credit facility value	809,160
Senior Secured Credit Facility - Term Loan B | Credit Facility | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Credit facility value	$ 735,587
2016 7 7/8% Senior Unsecured Notes | Senior Unsecured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Note stated interest rate	7.875%
2016 7 7/8% Senior Unsecured Notes | Senior Unsecured Notes | Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Note value	$ 489,323
2016 7 7/8% Senior Unsecured Notes | Senior Unsecured Notes | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Note value	$ 466,875

NEW ACCOUNTING STANDARDS - Bala

NEW ACCOUNTING STANDARDS - Balance Sheet Impacts (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Oct. 01, 2018	Sep. 30, 2018
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other current liabilities	$ 176,033	$ 164,878	$ 123,303
Retained earnings	203,255	$ 209,132	250,707
Balance without Adoption of ASC 606
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other current liabilities	135,774		41,575
Retained earnings	243,514		$ (41,575)
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Other current liabilities	40,259
Retained earnings	$ (40,259)

NEW ACCOUNTING STANDARDS - Inco

NEW ACCOUNTING STANDARDS - Income Statement Impacts (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Gross revenues	$ 319,500	$ 356,621
Less-Promotional allowances	0	(25,137)
Net revenues	319,500	331,484
Operating costs and expenses:
Selling, general, and administrative	49,018	50,377
Corporate	12,425	12,153
Depreciation and amortization	27,090	20,207
Other, net	1,921	621
Total operating costs and expenses	276,130	276,484
Income from operations	43,370	55,000
Gaming
Revenues:
Gross revenues	221,935	287,006
Operating costs and expenses:
Cost of goods sold	128,664	164,315
Food and beverage
Revenues:
Gross revenues	34,806	21,820
Operating costs and expenses:
Cost of goods sold	26,447	10,189
Hotel
Revenues:
Gross revenues	22,977	14,907
Operating costs and expenses:
Cost of goods sold	9,803	7,005
Retail, entertainment and other
Revenues:
Gross revenues	39,782	32,888
Operating costs and expenses:
Cost of goods sold	20,762	$ 11,617
Balance without Adoption of ASC 606
Revenues:
Gross revenues	346,686
Less-Promotional allowances	(22,737)
Net revenues	323,949
Operating costs and expenses:
Selling, general, and administrative	48,909
Corporate	12,425
Depreciation and amortization	27,090
Other, net	1,921
Total operating costs and expenses	281,893
Income from operations	42,056
Balance without Adoption of ASC 606 | Gaming
Revenues:
Gross revenues	266,328
Operating costs and expenses:
Cost of goods sold	157,026
Balance without Adoption of ASC 606 | Food and beverage
Revenues:
Gross revenues	23,556
Operating costs and expenses:
Cost of goods sold	15,067
Balance without Adoption of ASC 606 | Hotel
Revenues:
Gross revenues	16,815
Operating costs and expenses:
Cost of goods sold	7,048
Balance without Adoption of ASC 606 | Retail, entertainment and other
Revenues:
Gross revenues	39,987
Operating costs and expenses:
Cost of goods sold	12,407
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09
Revenues:
Gross revenues	(27,186)
Less-Promotional allowances	22,737
Net revenues	(4,449)
Operating costs and expenses:
Selling, general, and administrative	109
Corporate	0
Depreciation and amortization	0
Other, net	0
Total operating costs and expenses	(5,763)
Income from operations	1,314
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Gaming
Revenues:
Gross revenues	(44,393)
Operating costs and expenses:
Cost of goods sold	(28,362)
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Food and beverage
Revenues:
Gross revenues	11,250
Operating costs and expenses:
Cost of goods sold	11,380
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Hotel
Revenues:
Gross revenues	6,162
Operating costs and expenses:
Cost of goods sold	2,755
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Retail, entertainment and other
Revenues:
Gross revenues	(205)
Operating costs and expenses:
Cost of goods sold	8,355
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Loyalty Points
Revenues:
Gross revenues	1,219
Less-Promotional allowances	0
Net revenues	1,219
Operating costs and expenses:
Selling, general, and administrative	0
Corporate	0
Depreciation and amortization	0
Other, net	0
Total operating costs and expenses	(95)
Income from operations	1,314
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Loyalty Points | Gaming
Revenues:
Gross revenues	1,219
Operating costs and expenses:
Cost of goods sold	(95)
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Loyalty Points | Food and beverage
Revenues:
Gross revenues	0
Operating costs and expenses:
Cost of goods sold	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Loyalty Points | Hotel
Revenues:
Gross revenues	0
Operating costs and expenses:
Cost of goods sold	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Loyalty Points | Retail, entertainment and other
Revenues:
Gross revenues	0
Operating costs and expenses:
Cost of goods sold	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Discretionary Complementaries)
Revenues:
Gross revenues	(14,485)
Less-Promotional allowances	15,650
Net revenues	1,165
Operating costs and expenses:
Selling, general, and administrative	0
Corporate	0
Depreciation and amortization	0
Other, net	0
Total operating costs and expenses	1,165
Income from operations	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Discretionary Complementaries) | Gaming
Revenues:
Gross revenues	(30,736)
Operating costs and expenses:
Cost of goods sold	(1,711)
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Discretionary Complementaries) | Food and beverage
Revenues:
Gross revenues	10,101
Operating costs and expenses:
Cost of goods sold	2,876
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Discretionary Complementaries) | Hotel
Revenues:
Gross revenues	5,998
Operating costs and expenses:
Cost of goods sold	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Discretionary Complementaries) | Retail, entertainment and other
Revenues:
Gross revenues	152
Operating costs and expenses:
Cost of goods sold	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Non-Discretionary Complementaries)
Revenues:
Gross revenues	(16,242)
Less-Promotional allowances	6,381
Net revenues	(9,861)
Operating costs and expenses:
Selling, general, and administrative	0
Corporate	0
Depreciation and amortization	0
Other, net	0
Total operating costs and expenses	(9,861)
Income from operations	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Non-Discretionary Complementaries) | Gaming
Revenues:
Gross revenues	(17,847)
Operating costs and expenses:
Cost of goods sold	(29,629)
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Non-Discretionary Complementaries) | Food and beverage
Revenues:
Gross revenues	0
Operating costs and expenses:
Cost of goods sold	7,355
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Non-Discretionary Complementaries) | Hotel
Revenues:
Gross revenues	0
Operating costs and expenses:
Cost of goods sold	2,591
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Promotional Allowances (Non-Discretionary Complementaries) | Retail, entertainment and other
Revenues:
Gross revenues	1,605
Operating costs and expenses:
Cost of goods sold	9,822
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Gross vs. Net Presentation and Other
Revenues:
Gross revenues	5,001
Less-Promotional allowances	706
Net revenues	5,707
Operating costs and expenses:
Selling, general, and administrative	109
Corporate	0
Depreciation and amortization	0
Other, net	0
Total operating costs and expenses	5,707
Income from operations	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Gross vs. Net Presentation and Other | Gaming
Revenues:
Gross revenues	5,650
Operating costs and expenses:
Cost of goods sold	5,752
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Gross vs. Net Presentation and Other | Food and beverage
Revenues:
Gross revenues	1,149
Operating costs and expenses:
Cost of goods sold	1,149
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Gross vs. Net Presentation and Other | Hotel
Revenues:
Gross revenues	164
Operating costs and expenses:
Cost of goods sold	164
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Gross vs. Net Presentation and Other | Retail, entertainment and other
Revenues:
Gross revenues	(1,962)
Operating costs and expenses:
Cost of goods sold	(1,467)
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Cash Promotions
Revenues:
Gross revenues	(2,679)
Less-Promotional allowances	0
Net revenues	(2,679)
Operating costs and expenses:
Selling, general, and administrative	0
Corporate	0
Depreciation and amortization	0
Other, net	0
Total operating costs and expenses	(2,679)
Income from operations	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Cash Promotions | Gaming
Revenues:
Gross revenues	(2,679)
Operating costs and expenses:
Cost of goods sold	(2,679)
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Cash Promotions | Food and beverage
Revenues:
Gross revenues	0
Operating costs and expenses:
Cost of goods sold	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Cash Promotions | Hotel
Revenues:
Gross revenues	0
Operating costs and expenses:
Cost of goods sold	0
Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09 | Cash Promotions | Retail, entertainment and other
Revenues:
Gross revenues	0
Operating costs and expenses:
Cost of goods sold	$ 0

NEW ACCOUNTING STANDARDS - Reve

NEW ACCOUNTING STANDARDS - Revenue Disaggregation (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Disaggregation of Revenue [Line Items]
Net revenues	$ 319,500	$ 331,484
Connecticut
Disaggregation of Revenue [Line Items]
Net revenues	252,679
Connecticut | Gaming
Disaggregation of Revenue [Line Items]
Net revenues	170,482
Connecticut | Food and beverage
Disaggregation of Revenue [Line Items]
Net revenues	29,135
Connecticut | Hotel
Disaggregation of Revenue [Line Items]
Net revenues	21,220
Connecticut | Retail, entertainment and other
Disaggregation of Revenue [Line Items]
Net revenues	31,842
Connecticut | Management and development
Disaggregation of Revenue [Line Items]
Net revenues	0
Pennsylvania
Disaggregation of Revenue [Line Items]
Net revenues	60,791
Pennsylvania | Gaming
Disaggregation of Revenue [Line Items]
Net revenues	51,453
Pennsylvania | Food and beverage
Disaggregation of Revenue [Line Items]
Net revenues	5,713
Pennsylvania | Hotel
Disaggregation of Revenue [Line Items]
Net revenues	1,758
Pennsylvania | Retail, entertainment and other
Disaggregation of Revenue [Line Items]
Net revenues	1,867
Pennsylvania | Management and development
Disaggregation of Revenue [Line Items]
Net revenues	0
Other
Disaggregation of Revenue [Line Items]
Net revenues	6,090
Other | Gaming
Disaggregation of Revenue [Line Items]
Net revenues	0
Other | Food and beverage
Disaggregation of Revenue [Line Items]
Net revenues	(42)
Other | Hotel
Disaggregation of Revenue [Line Items]
Net revenues	(1)
Other | Retail, entertainment and other
Disaggregation of Revenue [Line Items]
Net revenues	421
Other | Management and development
Disaggregation of Revenue [Line Items]
Net revenues	$ 5,712

NEW ACCOUNTING STANDARDS - Cont

NEW ACCOUNTING STANDARDS - Contract with Customers (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Oct. 01, 2018
Outstanding gaming chips and slot tickets liability
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract related liabilities	$ 6,690	$ 3,298
Outstanding gaming chips and slot tickets liability | Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract related liabilities	3,392
Loyalty points deferred revenue liability
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract related liabilities	41,061	42,314
Loyalty points deferred revenue liability | Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract related liabilities	(1,253)
Patron advances and other liability
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract related liabilities	20,029	$ 17,530
Patron advances and other liability | Effect of Change Higher/(Lower) | Accounting Standards Update 2014-09
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Contract related liabilities	$ 2,499

NEW ACCOUNTING STANDARDS - Addi

NEW ACCOUNTING STANDARDS - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net cash flows provided by (used in) investing activities	$ 16,598	$ (46,744)
Accounting Standards Update 2016-18
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Net cash flows provided by (used in) investing activities		$ (13,400)

COWLITZ PROJECT (Details)

COWLITZ PROJECT (Details) - Salishan-Mohegan, LLC - Cowlitz Tribal Gaming Authority $ in Millions	Dec. 04, 2018USD ($)
Schedule of Long-term Development Projects [Line Items]
Repayments of related party debt	$ 106.6
Outstanding notes receivable	32
Accrued interest receivable	$ 74.6

LONG-TERM DEBT - Schedule of Lo

LONG-TERM DEBT - Schedule of Long-term Debt Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2018	Sep. 30, 2018
Debt Schedule [Abstract]
Long-term debt	$ 1,809,332	$ 1,814,155
Less: current portion of long-term debt	(73,865)	(73,232)
Long-term debt, net of current portion	1,735,467	1,740,923
Credit Facility | Senior Secured Credit Facility - Revolving
Debt Schedule [Abstract]
Long-term debt	66,000	66,000
Credit Facility | Senior Secured Credit Facility - Term Loan A
Debt Schedule [Abstract]
Long-term debt	295,424	311,466
Discount and debt issuance costs	6,016	6,661
Credit Facility | Senior Secured Credit Facility - Term Loan B
Debt Schedule [Abstract]
Long-term debt	809,160	810,430
Discount and debt issuance costs	19,670	20,571
Credit Facility | Mohegan Expo Credit Facility
Debt Schedule [Abstract]
Long-term debt	30,935	31,980
Discount and debt issuance costs	1,219	1,319
Credit Facility | Guaranteed Credit Facility
Debt Schedule [Abstract]
Long-term debt	33,568	22,403
Discount and debt issuance costs	1,432	1,262
Senior Unsecured Notes | 2016 7 7/8% Senior Unsecured Notes
Debt Schedule [Abstract]
Long-term debt	489,323	488,967
Discount and debt issuance costs	$ 10,677	11,033
Note stated interest rate	7.875%
Note Payable | Redemption Note Payable
Debt Schedule [Abstract]
Long-term debt	$ 83,558	81,165
Discount and debt issuance costs	31,242	33,635
Other
Debt Schedule [Abstract]
Long-term debt	$ 1,364	$ 1,744

LONG-TERM DEBT - Additional Inf

LONG-TERM DEBT - Additional Information (Details) - USD ($) $ in Millions	Dec. 31, 2018	Dec. 31, 2017	Oct. 30, 2018	Sep. 30, 2018
Debt Instrument [Line Items]
Line of credit, principal payment	$ 28.9	$ 18.7
Senior Secured Credit Facility | Department of the Interior, Assistant Secretary—Indian Affairs, Division of Capital Investment | Financial Guarantee
Debt Instrument [Line Items]
Loan guarantee, by third party				90.00%
Senior Secured Credit Facility | BIA Loan Guaranty Program (Second Guaranteed Credit Facility)
Debt Instrument [Line Items]
Term loan			$ 11.3
Senior Secured Credit Facility | BIA Loan Guaranty Program
Debt Instrument [Line Items]
Term loan	$ 35

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Sep. 30, 2018
Segment Reporting Information [Line Items]
Net revenues	$ 319,500	$ 331,484
Income (loss) from operations	43,370	55,000
Capital expenditures incurred	13,049	47,757
Total assets	2,299,319	2,312,119	$ 2,312,119
Mohegan Sun
Segment Reporting Information [Line Items]
Income (loss) from operations	44,063	56,393
Capital expenditures incurred	5,123	30,932
Total assets	1,354,193	1,364,169
Mohegan Sun Pocono
Segment Reporting Information [Line Items]
Income (loss) from operations	7,192	7,675
Capital expenditures incurred	377	2,610
Total assets	573,976	581,079
Corporate and other
Segment Reporting Information [Line Items]
Net revenues	6,090	3,803
Income (loss) from operations	(7,885)	(9,068)
Capital expenditures incurred	7,549	14,215
Total assets	371,150	366,871
Operating segments | Mohegan Sun
Segment Reporting Information [Line Items]
Net revenues	252,679	262,937
Operating segments | Mohegan Sun Pocono
Segment Reporting Information [Line Items]
Net revenues	60,791	64,804
Inter-segment revenues
Segment Reporting Information [Line Items]
Net revenues	$ (60)	$ (60)

SUBSEQUENT EVENT (Details)

SUBSEQUENT EVENT (Details) - Salishan-Mohegan, LLC - Disposed of by sale - Subsequent Event $ in Millions	Jan. 01, 2019USD ($)
Subsequent Event [Line Items]
Consideration received	$ 10
Consideration received, percentage of management fees	100.00%
Consideration received, percentage of development fees	60.00%