State of New Mexico

Gaming Control Board

NEWS RELEASE

FOR RELEASE:

CONTACT:  Mo Chavez, State Gaming Representative

                       New Mexico Gaming Control Board (505) 841-9707

The New Mexico Gaming Control Board, through the State Gaming Representative, monitors the 2001 Tribal-State Gaming Compacts signed by eleven Tribes or Pueblos.  The compacting Tribes or Pueblos pay revenue sharing and report “net win” quarterly.  Net Win is the amount wagered on gaming machines less the amount paid out in prizes less a deduction for regulatory fees.  From this amount, the casino must pay all operating costs.  Net Win is not the net profit of the casino.  The total amount paid to the State Treasurer for the quarter ending September 30, 2002 from the eleven Tribes or Pueblos operating casinos was $8,041,901.  This revenue is deposited into the General Fund of the State. 

“Net Win” per tribe for the quarter ending September 30, 2002:

NET WIN

Acoma                                                                         $10,367,054

Isleta                                                                              23,313,594

Laguna                                                                             4,513,397

Sandia                                                                            28,905,449

San Felipe                                                                        5,995,545

San Juan                                                                           5,635,091

Santa Ana                                                                        9,445,700

Santa Clara                                                                      4,568,318

Taos                                                                                 1,944,244

Tesuque                                                                           6,777,184

Total Net Win                                                          $101,465,576