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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.

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The possibility of the Oakland Raiders moving to Las Vegas inched a bit closer to reality when owner Mark Davis not only pledged to move the Raiders to the city, but put $500 million into the proposed $1.4 billion domed stadium.

Since its opening six months ago, the Harrah’s Atlantic City Waterfront Conference Center has nearly doubled its booked meetings and conventions through 2019 and expects to bring nearly 300,000 conference attendees to Atlantic City. 

More than four million people traveled through McCarran International Airport during March, a 5.5 percent increase over March a year ago. It was the airport’s best March total in eight years. 

​Clark County’s gaming win fell 3.59 percent to $796.69 million during March during the same period a year ago. But the rest of the state did not do any better as the statewide win for March was also 3.04 percent lower at $922.27 million.

Leaders of Connecticut’s two federally recognized Indian tribes have received preliminary assurances from federal officials that gambling agreements with the state would not be jeopardized by the proposed third casino they hope to open.

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