mgam_8k-020510.htm

Send us Feedback

Multimedia Games (MGAM)

	SUMMARY

	BULLS

	BEARS

	TOPICS

	DATA CENTRAL

	STOCK CHART

	SEC FILINGS

	BALANCE

	INCOME

	CASH FLOW

Annual Reports

Quarterly Reports

8-K

8-K (Jan 30, 2013)8-K (Jan 2, 2013)8-K (Nov 20, 2012)8-K (Nov 15, 2012)8-K (Oct 12, 2012)8-K (Oct 1, 2012)8-K (Sep 24, 2012)8-K (Sep 14, 2012)8-K (Aug 14, 2012)8-K (Aug 1, 2012)8-K (Jul 31, 2012)8-K (Jun 4, 2012)8-K (May 8, 2012)8-K (May 3, 2012)8-K (Mar 2, 2012)8-K (Feb 7, 2012)8-K (Feb 1, 2012)8-K (Jan 23, 2012)8-K (Jan 18, 2012)8-K (Nov 22, 2011)8-K (Nov 17, 2011)8-K (Oct 3, 2011)8-K (Sep 26, 2011)8-K (Sep 23, 2011)8-K (Sep 2, 2011)8-K (Aug 4, 2011)8-K (Aug 3, 2011)8-K (May 4, 2011)8-K (Apr 5, 2011)8-K (Mar 23, 2011)8-K (Feb 22, 2011)8-K (Feb 3, 2011)8-K (Jan 5, 2011)8-K (Dec 3, 2010)8-K (Nov 15, 2010)8-K (Nov 12, 2010)8-K (Nov 2, 2010)8-K (Oct 19, 2010)8-K (Oct 7, 2010)8-K (Oct 4, 2010)8-K (Sep 20, 2010)8-K (Aug 12, 2010)8-K (Aug 5, 2010)8-K (May 6, 2010)8-K (Apr 30, 2010)8-K (Apr 7, 2010)8-K (Mar 26, 2010)8-K (Mar 15, 2010)8-K (Mar 11, 2010)8-K (Feb 9, 2010)8-K (Feb 8, 2010)8-K (Dec 8, 2009)8-K (Nov 16, 2009)8-K (Sep 29, 2009)8-K (Sep 18, 2009)8-K (Aug 24, 2009)8-K (Aug 5, 2009)8-K (Jul 23, 2009)8-K (Jun 8, 2009)8-K (Jun 1, 2009)8-K (May 6, 2009)8-K (May 4, 2009)8-K (Mar 20, 2009)8-K (Feb 4, 2009)8-K (Feb 2, 2009)8-K (Jan 15, 2009)8-K (Jan 13, 2009)8-K (Dec 15, 2008)8-K (Dec 5, 2008)8-K (Nov 17, 2008)8-K (Sep 17, 2008)8-K (Sep 12, 2008)8-K (Aug 21, 2008)8-K (Aug 12, 2008)8-K (Jul 29, 2008)8-K (Jun 18, 2008)8-K (Jun 4, 2008)8-K (Jun 2, 2008)8-K (May 9, 2008)8-K (Apr 4, 2008)8-K (Feb 22, 2008)8-K (Feb 11, 2008)8-K (Dec 27, 2007)8-K (Dec 17, 2007)8-K (Dec 13, 2007)8-K (Dec 5, 2007)8-K (Nov 1, 2007)8-K (Aug 15, 2007)8-K (Jun 8, 2007)8-K (May 31, 2007)8-K (May 15, 2007)8-K (May 3, 2007)8-K (Apr 12, 2007)8-K (Mar 27, 2007)8-K (Feb 13, 2007)8-K (Jan 19, 2007)8-K (Jan 12, 2007)8-K (Dec 20, 2006)8-K (Dec 4, 2006)8-K (Oct 26, 2006)8-K (Aug 14, 2006)8-K (Jul 3, 2006)8-K (May 19, 2006)8-K (May 10, 2006)8-K (Feb 13, 2006)8-K (Feb 1, 2006)8-K (Jan 5, 2006)8-K (Dec 23, 2005)8-K (Dec 7, 2005)8-K (Oct 6, 2005)8-K (Aug 3, 2005)8-K (Jun 30, 2005)8-K (May 4, 2005)8-K (Mar 8, 2005)8-K (Feb 3, 2005)8-K (Nov 30, 2004)8-K (Nov 24, 2004)8-K (Oct 21, 2004)8-K (Sep 15, 2004)8-K (Aug 5, 2004)8-K (May 3, 2004)8-K (Apr 1, 2004)8-K (Mar 1, 2004)8-K (Feb 10, 2004)8-K (Jan 30, 2004)8-K (Jan 29, 2004)8-K (Jan 22, 2004)8-K (Dec 10, 2003)8-K (Dec 2, 2003)8-K (Oct 28, 2003)8-K (Oct 23, 2003)8-K (Oct 14, 2003)8-K (Sep 29, 2003)8-K (Sep 25, 2003)8-K (Sep 12, 2003)8-K (Aug 5, 2003)8-K (Apr 29, 2003)8-K (May 30, 2002)8-K (Apr 23, 2002)8-K (Apr 18, 2002)8-K (Mar 11, 2002)8-K (Jul 16, 2001)8-K (Jun 26, 2001)8-K (Jun 22, 2001)8-K (May 7, 2001)8-K (Jan 16, 2001)

Other

Multimedia Games 8-K 2010

Documents found in this filing:

mgam_8k-020510.htm

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report:		February 5, 2010
(Date of earliest event reported)		(February 4, 2010)

Multimedia Games, Inc.

(Exact name of Registrant as Specified in its Charter)

000-28318

(Commission File Number)

Texas		74-2611034
(State or other jurisdiction of incorporation)		(IRS Employer Identification No.)

206 Wild Basin Road South, Bldg. B, Suite 400, Austin, Texas		78746
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (512) 334-7500

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act 17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01

Other Events.

Three of the four facilities in Alabama which have installed charitable bingo units provided by Multimedia Games, Inc. (the “Company”), as well as other game manufacturers, have recently voluntarily ceased operations for a yet to be determined amount of time, following an unsuccessful attempt by the Governor’s Task Force on Illegal Gambling to raid certain of those facilities. On January 29, 2010, the Governor’s Task Force attempted a raid on two of the facilities in Alabama where the Company has charitable bingo units installed. The operator of one of the facilities obtained a temporary restraining order that stopped the raid on its facility. The Governor’s Task Force promptly filed an emergency motion with the Alabama Supreme Court seeking to vacate the temporary restraining order. On February 4, 2010, the Alabama Supreme Court issued a ruling that vacated the temporary restraining order.

The Alabama State Legislature is currently reviewing proposed legislation in the form of both a general bill and a constitutional amendment that are aimed at resolving the need for judicial intervention. The legislative or judicial outcomes are uncertain.

If this legislation is not timely passed, the facilities of the Company’s Alabama customers could remain closed for an undetermined period of time.

During fiscal year 2009, the Company recorded revenues of $9.4 million and approximately $8.7 million in EBITDA from the Alabama market. In addition, the Company has deployed assets with a current net book value of $5.7 million, has a $2.7 million loan outstanding to one of the three currently closed facilities and has approximately $0.9 million in uncollected receivables. If the facilities of the Company’s Alabama customers continue to remain closed, the resulting decrease in our revenue and EBITDA for the 2010 fiscal year, as well as any potential write-down of assets currently dedicated to the Alabama market may adversely impact our financial results and our ability to comply with operating covenants in our credit agreement.

-2-

SIGNATURE

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.

	MULTIMEDIA GAMES, INC.

Dated: February 5, 2010	By:	/s/ Uri L. Clinton
		Uri L. Clinton
		Senior Vice President, General Counsel and Corporate Secretary

-3-

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.

Mobile | Advertise | Licensing & Partnerships | Blogger Tools | Jobs

Multimedia Games (MGAM)

Annual Reports

Quarterly Reports

8-K

Other

Documents found in this filing: