NOTICE OF BOARD OF DIRECTORS MEETING

THE NEW MEXICO GAMING CONTROL BOARD

ONE-DAY REGULAR BOARD MEETING

The New Mexico Gaming Control Board will conduct a one-day regular Board meeting. On Monday, September 20, 2004, the Board will meet in closed executive session commencing at 9:00 a.m. until 1:30 p.m., at which time they will meet in open session. The meeting will be held at the New Mexico Gaming Control Board located at 6400 Uptown Blvd., N.E., Suite 100-E in Albuquerque. Subject matters to be discussed are included on the attached proposed agenda. Please note the agenda is subject to change. A final agenda will be available to the public at least 24 hours prior to the meeting. A copy of the final agenda may be obtained from the office of the Gaming Control Board, located at 6400 Uptown Boulevard NE, Suite 100-E in Albuquerque, New Mexico or by calling Catherine Scott at the GCB office at 505-841-9764 during regular business hours.

If you are an individual requiring auxiliary aids or services, pursuant to the Americans With Disabilities Act, in order to attend a meeting of the New Mexico Gaming Control Board, please contact Catherine Scott at (505) 841-9764 at least forty-eight (48) hours prior to the meeting. The NM Gaming Control Board meetings are open to the public and your attendance is welcome. Public documents, including the agenda and minutes, can be provided in various accessible formats. Please contact Catherine Scott at 841-9764 if a summary or other type of accessible format is needed.

6400 Uptown Boulevard NE, Suite 100-E · Albuquerque, NM 87110 · Phone (505) 841-9756 · Fax (505) 841-9782

NEW MEXICO GAMING CONTROL BOARD

ONE-DAY REGULAR BOARD MEETING AGENDA

September 20, 2004 - 9:00 a.m.

(Note: All items on agenda may result in Board action.)

Monday, September 20, 2004

I. Call to Order –9:00 a.m.

A. Roll Call

II. Approval of Agenda

III. CLOSED EXECUTIVE SESSION – (Closed pursuant to Section 10-15-1 (H) NMSA 1978, “Open Meetings Act”)

A. Licensing

1. Paltronics, Inc., Request for Waiver of Licensure Requirement for Manufacturer of Associated Equipment

2. WMS Gaming Request for Waiver of Finding of Suitability for Institutional Investor, T. Rowe Price Associates, Inc.

3. Aristocrat Technologies Request for Waiver of Finding of Suitability for Institutional Investor, Colonial First State Investments Limited

4. IGT Announcement of the Signing of a New Credit Facility (For Informational Purposes Only)

B. Issuance of Findings of Suitability on Key and Affiliated Persons

1. New Applications

a. Michael Williams – BPO Elks Lodge 1244 (Clovis)

b. Donald Holland - BPO Elks Lodge 1440 (Gallup)

c. Robert Batley – BPO Elks Lodge 1747 (Farmington)

d. Tonja Johnson – Loyal Order of Moose 2084 (Hobbs)

e. Bradley Boehm – SunRay Gaming of New Mexico, LLC (Farmington)

2. Renewal Applications

a. Jose Martinez – American Legion Post 99 (Albuquerque)

b. William Morgan – SunRay Gaming of New Mexico, LLC (Farmington)

c. Joseph Howard III – Veterans of Foreign Wars Post 3280 (Clovis)

d. Patricia Garcia – Veterans of Foreign Wars Post 10124 (Las Cruces)

C. Pending Administrative and Enforcement Actions

1. Approval of Settlement Agreement for American Legion Post #90; Cause No. 04-002- VIO Regarding Unsuitable Methods of Operation

One Day Regular Board Meeting - Closed

September 20, 2004

Page 2

2. Issuance of Work Permit - Claudia Pope-Higgins (Cashier) – Ruidoso Downs Race Track and Casino

3. Issuance of Renewal of Work Permit –Angel Cuevas (Floor Person) –My Way Holding - Sunland Park

D. Tribal Gaming Matters (Confidential pursuant to Section 4(E)(3) of the 2001 Compact)

1. Tribal Information Sharing

2. Compact Deductions and Revenue

3. Compact Compliance Issues

4. Analysis of Tribal Audited Financial Statements (Informational Purposes Only)

5. Update on Class II Gaming Issues (Informational Purposes Only)

E. Pending and Threatened Litigation

1. State of New Mexico vs. Jicarilla et al. No. CIV 00-0851

2. State of New Mexico vs. Ten (10) Gaming Devices and their Contents of $3.25 in United States Currency (Gamer’s Choice; Otero County); No. CV-99-578

3. Mollay (World of Games) vs. Jessup (Albuquerque); No. 00-05-AA

4. Richard Tast vs. Gaming Control Board (Albuquerque); No. CIV 04-320 RHS/DJS

5. Gaming Control Board vs. Susan Elam; No. 03-010-EA

6. Gaming Control Board vs. Ruidoso Downs Racing, Inc. (Ruidoso); Cause No. 03-014-EA

7. Gaming Control Board vs. Wayne Klug (Alamogordo); No. 04-004-EA

8. Gaming Control Board vs. Veterans of Foreign Wars 10124 (Las Cruces); No. 04-009-EA

9. Gaming Control Board vs. American Legion Post 100 (Albuquerque); No. 04-010-EA

10. Gaming Control Board vs. Robert Herron; No. 04-011-EA

11. Gaming Control Board vs. William Gore; No. 04-012-EA

F. Limited Personnel Matters

IV. Recess

NEW MEXICO GAMING CONTROL BOARD

ONE-DAY REGULAR BOARD MEETING AGENDA

September 20, 2004 - 9:00 a.m.

(Note: All items on agenda may result in Board action.)

Monday, September 20, 2004

V. OPEN SESSION—Please note that items after 1:30 p.m. may be taken out of sequence at the discretion of the Chair.

A. Call to Order – 1:30 p.m.

1. Roll Call

B. Approval of Minutes

1. Minutes of the August 26, 2004 One Day Regular Board Meeting

C. Board Chair’s Announcements

1. Sign-In Sheet will be circulated to ensure that everyone has signed in

2. Scheduled Board Meetings – Third Tuesday of each month – if a two-day meeting is required, the Board will reconvene Wednesday morning

· Tuesday, October 19, 2004

· Tuesday, November 16, 2004

3. Introduction of New Employees

4. Miscellaneous

D. Licensing

1. Request from Paltronics for Waiver of Manufacturer’s License for Associated Gaming Equipment

2. WMS Gaming Request for Waiver of Finding of Suitability for Institutional Investor, T. Rowe Price Associates, Inc.

3. Aristocrat Technologies Request for Waiver of Finding of Suitability for Institutional Investor, Colonial First State Investments Limited

E. Issuance of Findings of Suitability on Key and Affiliated Persons

1. New Applications

a. Michael Williams – BPO Elks Lodge 1244 (Clovis)

b. Donald Holland - BPO Elks Lodge 1440 (Gallup)

c. Robert Batley – BPO Elks Lodge 1747 (Farmington)

d. Tonja Johnson – Loyal Order of Moose 2084 (Hobbs)

e. Bradley Boehm – SunRay Gaming of New Mexico, LLC (Farmington)

One Day Regular Board Meeting - Open

September 20, 2004

Page 2

2. Renewal Applications

a. Jose Martinez – American Legion Post 99 (Albuquerque)

b. William Morgan – SunRay Gaming of New Mexico, LLC (Farmington)

c. Joseph Howard III – Veterans of Foreign Wars Post 3280 (Clovis)

d. Patricia Garcia – Veterans of Foreign Wars Post 10124 (Las Cruces)

F. Pending Administrative and Enforcement Actions

1. Approval of Settlement Agreement for American Legion Post #90; Cause No. 04-002- VIO Regarding Unsuitable Methods of Operation

2. Issuance of Work Permit - Claudia Pope-Higgins (Cashier) – Ruidoso Downs Race Track and Casino

3. Issuance of Renewal of Work Permit –Angel Cuevas (Floor Person) –My Way Holding - Sunland Park

G. Policy and Rulemaking Matters

1. Status on Rulemaking

2. Appointment of a Records Custodian for the Inspection of Public Records Act

3. Presentation Regarding Compulsive Gambling Funds Distribution

4. Presentation Regarding Associated Equipment Licensing Fee

H. Discussion of Central Monitoring System (For Informational Purposes Only)

I. Public Comments

VI. Adjournment

Carla C. Lopez, Esq. CPA

Chair