(8) Beginning with the month of August 1997, Foxwoods Casino is reporting video facsimile/slot machine win on an accrual basis, reflecting data captured and The State of Connecticut for January and February, 1993. The Mashantucket Pequot Tribe did not report video facsimile/slot handle to (7) The video facsimile/slot handle for the fiscal year 1992/93 has been estimated. As a result of this settlement, the State of Connecticut received $315,427. Win for the period May 2011 through March 2012. (6) During fiscal year 2012 the Mashantucket Pequot Tribe and the State of Connecticut settled a dispute regarding the proper treatment of Electronic Table Games As a result of this settlement, the State of Connecticut received $19,266,210, including interest. (5) During fiscal year 2010 the Mashantucket Pequot Tribe and the State of Connecticut settled a lawsuit regarding the proper treatment of Free Play for the (4) From Jto June 30, 2012, if the aggregate amount of Free Play coupons or credits actually played on the Mashantucket Pequot Tribe's Video Facsimilesĭuring a particular month exceeded 5.5% of “gross operating revenues” for that month, the Mashantucket Pequot Tribe paid to the State an amountĮqual to twenty-five percent (25%) of such excess face amount of Free Play coupons or credits used in such calendar month (the "Free Play Contribution").īeginning on July 1, 2012, and for all months thereafter, the aggregate amount threshold for determining the Free Play Contribution increased from 5.5% to May be understated and the Payout % column amounts may be overstated as a result of this. In addition, please be advised that the Casino Hold % column amounts The value of Free Play coupons wagered was included in the reported Handle. (3) Foxwoods did not include the value of Free Play coupons redeemed by patrons at slot machines in its video facsimile devices Win amounts however, (2) The operation of the video facsimile/slot machines began at Foxwoods on January 16, 1993. (11) Cumulative Win amount was increased by $15,557 to correct for an error in calculating Tickets Issued from September 2022, this resulted in additional contributions of $3,887. This resulted in an increase to the Win of $48,035, and an increase in State Contributions of $12,009. (10) In June 2019, Mohegan Sun amended their April 2019 Contribution Return to correct for an error related to a Wide Area Progressive Jackpot. (9) Cumulative Win amount total should be reduced by $1,452,341.21 to correct for an over reporting of slot revenues for prior periods related to errors in theĪccrual carry forward of estimated cash on floor. Removed from the machines on each gaming day. Reports were previously prepared on a cash basis, based on the coin and currency (8) Beginning with the month of May 2001, Mohegan Sun Casino reports video facsimile/slot machine win on an accrual basis, reflecting dataĬaptured and reported by an on-line slot accounting system. On October 8-10, video facsimile/slot machines were available forĪctual play during pre-opening charitable gaming nights. (7) The Mohegan Sun Casino officially opened on Saturday, October 12, 1996. The calculation to determine the amount of Slot Machine Contributions to the State of Connecticut. (6) For fiscal years 009, Poker Pro Electronic Table Rake Amounts of $401,309 and $42,188, respectively, were included in As a result of this settlement, the State of Connecticut received $5,727,731, including interest. (5) During fiscal year 2010 the Mohegan Tribe and the State of Connecticut settled a dispute regarding the proper treatment of eBonus for the period February 2009 is adjusted by this amount. Redeemed were overstated by $1,460,390 for January 2008 though January 2009. (4) The value of eBonus free slot play credits redeemed during February 2009 totaled $1,910,268 however, it was determined that eBonus credits Percent (25%) of such excess face amount of eBonus coupons or credits used in such calendar month (the "eBonus Contribution").īeginning on July 1, 2012, and for all months thereafter, the aggregate amount threshold for determining the eBonus Contribution increased from 5.5% to Particular month exceeded 5.5% of “gross operating revenues” for that month, the Mohegan Tribe paid to the State an amount equal to twenty-five (3) From Jto June 30, 2012, if the aggregate amount of eBonus coupons or credits actually played on the Mohegan Tribe's Video Facsimiles during a In addition, please be advised that the Casino Hold % columnĪmounts may be understated and the Payout % column amounts may be overstated as a result of this. However, the value of eBonus credits wagered was included in the reported Handle. (2) Mohegan Sun did not include the value of eBonus credits redeemed by patrons at slot machines in its video facsimile devices Win amounts (1) Monthly contributions are due to the State by the 15th of the following month.
0 Comments
Leave a Reply. |