SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-Q/A
[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended: December 31, 2000
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the transition period from __________ to _____________
Commission file number 033-80655
MOHEGAN TRIBAL GAMING AUTHORITY
(Exact name of registrant as specified in its charter)
Connecticut 06-1436334
(State or other jurisdiction of (IRS employer
incorporation or organization) 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
Securities registered pursuant to Section 12(b) of the Act:
Name of Each Exchange
Title of Each Class On Which Registered
NONE
________________________ _____________________
________________________ _____________________
________________________ _____________________
Securities registered pursuant to Section 12(g) of the Act:
NONE
- ------------------------
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days:
Yes X No ___
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Mohegan Tribal Gaming Authority
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Statements of Income
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(in thousands)
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For the For the
Quarter Ended Quarter Ended
December 31, 2000 December 31, 1999
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(unaudited) (unaudited)
Revenues:
Gaming $174,958 $164,925
Food and beverage 10,724 11,317
Retail and other 16,595 15,452
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Gross revenues 202,277 191,694
Less - Promotional allowances (19,187) (18,383)
-------------------- --------------------
Net revenues 183,090 173,311
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Cost and expenses:
Gaming 78,389 73,209
Food and beverage 6,078 6,008
Retail and other 5,835 5,639
General and administration 41,505 34,417
Pre-opening costs 1,389 907
Management fee - 13,634
Depreciation and amortization 6,579 7,526
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Total costs and expenses 139,775 141,340
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Income from operations 43,315 31,971
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Other income (expense):
Relinquishment liability reassessment (Note 7) (8,958) (5,763)
Interest and other income 1,164 3,245
Interest expense (5,925) (14,028)
Change in fair value of derivative instruments (Note 3) (2,142) -
-------------------- --------------------
(15,861) (16,546)
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Income from continuing operations 27,454 15,425
Loss from discontinued operations (192) (266)
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Net income $ 27,262 $ 15,159
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The accompanying accountants' review report and notes to
financial statements should be read in conjunction with the financial
statements
3
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 thereunto duly authorized.
MOHEGAN TRIBAL GAMING AUTHORITY
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Date: February 12, 2001 By: /s/ Mark F. Brown
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Mark F. Brown
Chairman, Management Board
Date: February 12, 2001 By: /s/ William J. Velardo
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William J. Velardo
President and General Manager
Date: February 12, 2001 By: /s/ Jeffrey E. Hartmann
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Jeffrey E. Hartmann, Executive Vice
President Finance/Chief Financial Officer
(Principal Financial and Accounting
Officer)