Mohegan Tribal Gaming：Q3'24 Initial Analysis，Good Enough

Deutsche Bank Research North America High Yield Corporates Consumer Services, Leisure & Gaming Company Mohegan Tribal Gaming Date 8 August 2024 Q3'24 Initial Analysis: Good Enough While consolidated Adjusted EBITDA was down for the quarter, we found more positives than negatives in the Q3'24 results. The positives include: (1) we estimate that the restricted group reported Adjusted EBITDA growth in the quarter even after adjusting for the non-recurring benefit at Mohegan Pennsylvania; (2) management noted t ...