GOOD NEWS AND BAD NEWS

THE GOOD NEWS SLOT WINNINGS FOR THE MOHEGAN SUN CASINO FOR NOVEMBER, 2008, COMPARED TO NOVEMBER, 2007 WAS DOWN (MINUS) 5.3%, TOTAL WINNINGS WAS $66.8 MILLION ($66,800,000.00) THE MOHEGAN SUN HAS 6,743 SLOT MACHINES.

THE BAD NEWS SLOT WINNINGS FOR THE MOHEGAN SUN CASINO FOR NOVEMBER, 2008, COMPARED TO NOVEMBER, 2007, WAS DOWN (MINUS) 5.3%, TOTAL WINNINGS WAS $66.8 MILLION ($66,800,000.00). THE MOHEGAN SUN HAS 6,743 SLOT MACHINES.

THE SLOT WINNINGS FOR FOXWOODS IN NOVEMBER 2008, COMPARED TO NOVEMBER, 2007 WAS DOWN (MINUS) 7.6%, TOTAL WINNINGS $54.5 MILLION ($54,500,000.00). FOXWOODS RESORT CASINOS AND MGM GRAND AT FOXWOODS HAVE A TOTAL OF 8,268 SLOT MACHINES.

AT ALL THE ATLANTIC CITY'S COMBINED THE AVERAGE SLOT WINNINGS IN NOVEMBER 2008, COMPARED TO NOVEMBER 2007 WAS OFF (MINUS) 12.4%.

THE TWIN RIVERS, LINCOLN, RHODE ISLAND, RACINO IN NOVEMBER, 2008 COMPARED WITH NOVEMBER, 2007, WAS UP (PLUS) 1.2% FOR A TOTAL SLOT WINNINGS OF $31.5 MILLION ($31,500,000.00). TWIN RIVER HAS 7,700 SLOT MACHINES.

GERALD AUBIN, DIRECTOR OF THE RHODE ISLAND LOTTERY (WHICH OVERSEES THE SLOT MACHINES AT BOTH RHODE ISLANDS SLOT PARLORS) SAID, " WE LOSE A LOT OF PEOPLE TO FOXWOODS AND MOHEGAN BUT THE ECONOMY IS KEEPING PEOPLE CLOSE TO HOME AND THAT'S HELPING US."

JEFFREY HARTMANN, THE MOHEGAN TRIBAL GAMING( AUTHORITY C.O.O. SAID, "TO DO $66 MILLION IN THESE ECONOMIC TIMES IS A TRIBUTE TO OUR EMPLOYEES AND OUR CUSTOMERS. I DO THINK THE MITIGATION (MOHEGAN SUN'S REVENUE DECLINE) IS REFLECTIVE OF ENERGY PRICES AND CONSUMERS BECOMING MORE CONFIDENT ABOUT THEIR DISCRETIONARY INCOME."

YES, THE MOHEGAN SUN PERFORMED MUCH BETTER THAN THE INDUSTRY AS A WHOLE. THE PERCENTAGES EXCEPT FOR TWIN RIVERS (WHICH WAS A PLUS WAS ON 1.2% AND LESS THAN HALF THE SLOT WINNINGS AT 31.5 MILLION) WERE BETTER THAN THE INDUSTRY AS A WHOLE. MOHEGAN SUN DID IN $12.3 MILLION ($12,300,000.00) MORE IN SLOT WINNINGS COMPARED TO FOXWOODS RESORT CASINO AND MGM GRAND AT FOXWOODS.

A LOSS IS STILL A LOSS. MINUS 5.3% IS STILL MINUS 5.3%, BEING OFF 5.3% MEANS WE DID IN NOVEMBER, 2007 A SLOT WINNING OF $70.3 MILLION ($70,300,000.00) OR A LOSS (DEFICIT) OF $3.5 MILLION ($3,500,000.00).

WATCH WHAT HAPPENS AT 5.3%. $100.00 LOSS IS $5.30, $1,000.00 LOSS IS $53.00, $10,000.00 LOSS IS $530.00, $100,000.00 LOSS IS $5,300.00, $1,000,000.00 LOSS IS $53.000.00, $10,000,000.00 LOSS IS $530,000.00, $20,000,000,000.00 LOSS IS $1,060,000.00 AND WHEN WE GET TO $70,300,000.00 THE LOSS IS $3,500,000.00. THAT'S THREE MILLION FIVE HUNDRED THOUSAND DOLLARS PEOPLE. A LOT OF MONEY.

THE MANAGEMENT AND STAFF OF THE MOHEGAN SUN DID A FINE JOB IN NOVEMBER. WELL DONE. THAT'S THE GOOD NEWS AND THE BAD NEWS, THE MOHEGAN SUN DROPPED (MINUS) -5.3%.