State of New Mexico

Gaming Control Board

NEWS RELEASE

FOR RELEASE:  August 6, 2003

CONTACT:    Michael R. Gallegos, State Gaming Representative,

New Mexico Gaming Control Board, (505) 841-9748

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 June 30, 2003 from the eleven Tribes or Pueblos operating casinos was $8,400,070.93.  This revenue is deposited into the General Fund of the State.

“Net Win” per tribe or pueblo for the quarter ending June 30, 2003:

NET WIN

Acoma                                                             $10,580,621

            Isleta                                                                  23,803,517

            Jicarilla                                                                    590,480

            Laguna                                                                 5,456,642

            Sandia                                                                33,006,745

            San Felipe                                                             5,139,414

San Juan                                                               6,145,031

Santa Ana                                                          10,625,927

Santa Clara                                                           4,217,678

Taos                                                                     1,824,556

            Tesuque                                                                6,068,445

Total Net Win                                                $ 107,459,056