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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): March 3, 1999
WATERFORD GAMING FINANCE CORP.
(Exact name of Registrant as specified in its charter)
Delaware 333-17795-01 06-1485836
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(State or other (Commission file (I.R.S. employer
jurisdiction of number) identification
incorporation or number)
organization)
914 Hartford Turnpike
P.O. Box 715
Waterford, CT 06385
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (860)442-4559
Item 5.
On March 3, 1999, the Mohegan Tribal Gaming Authority (the "Authority")
completed the refinancing (the "Refinancing") of its 13 1/2% Senior Secured
Notes due 2002. Pursuant to Article 10 of the Development Services Agreement
between the Authority and Trading Cove Associates ("TCA"), in which Waterford
Gaming, L.L.C., Waterford Gaming Finance Corp.'s parent, has a fifty percent
partnership interest, the Development Services Agreement shall become effective
on the first day of the first calendar month following the later of (a) the
date the Authority receives certain regulatory approvals or (b) the completion
of the Refinancing. Pursuant to Article 3 of the Relinquishment Agreement
between the Authority and TCA, the Relinquishment Agreement shall become
effective on the later of (a) the date the Authority receives certain
regulatory approvals or (b) the date the Authority completes its Refinancing.
The Authority has received all the regulatory approvals contemplated by the
Development Services Agreement and the Relinquishment Agreement. The
Development Services Agreement will therefore become effective on April 1, 1999,
and the Relinquishment Agreement became effective on March 3, 1999.
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SIGNATURES
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 hereunto duly authorized.
WATERFORD GAMING FINANCE CORP.
Date: March 11, 1999 By:/s/Len Wolman
Len Wolman, Chief Executive Officer
