HOT Stories more

Sands continues global search for opportunity

Article

New Mexico negotiates with tribes over slot machine wagers

November 26, 2012 9:09 AM by Staff & Wire Reports

Regulators in New Mexico are negotiating with eight pueblos and two tribes over whether slot machine wagers started with “free play” or “bonus point” credits should be included when the casinos report their total quarterly wagers.

The Albuquerque Journal reports that Gaming Control Board officials maintain the tribal casinos are paying the state less than they should by not adding the value of “free” or “bonus” play to the total amount of cash wagered and reported to the state.

Tribal casino officials maintain that because slots players using free or bonus points are not betting actual money, there is no “revenue” produced.

At stake are millions of dollars the tribes pay the state in revenue sharing.

Contact us at Publisher@GamingToday.com.

Like GamingToday on Facebook GamingToday on Facebook      and        Follow GamingToday on Twitter GamingToday on Twitter

GamingToday Race and Sports Futures

           Westgate Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technology

top stories

Penn finished 2015 with two Vegas properties, the M Resort and the Tropicana. They expect to spend much of 2016 installing new games, additional food outlets and paying close attention to the competition.

Super Bowl Props Betting Capsule | Will the Broncos score in all four quarters of the Super Bowl? Will the Panthers? Will there be more goals in the three NHL games early Sunday than there will be points in the second quarter of Super Bowl 50?

NFL Super Bowl Betting Capsule | For the third straight season, No. 1 seeds from both conferences will joust in the Super Bowl when the Denver Broncos and Carolina Panthers meet Sunday in Santa Clara, Calif.

More than a dozen new restaurants and bars will be coming to Boyd Gaming properties in the Las Vegas during the next year as the Las Vegas-based public company keeps its emphasis on nongaming amenities for the time being.

Super Bowl 50 hype should forget Cam Newton's “race” or Peyton Manning’s likely ride into the sunset. We have a network audience held hostage and the troops coming in to support sports betting.

  South PointSuncoast

  South PointSuncoast