State of New Mexico

Gaming Control Board

NEWS RELEASE

FOR RELEASE:  March 1, 2004

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 December 31 , 2003 from the eleven Tribes or Pueblos operating casinos was $8,796,701 This revenue is deposited into the General Fund of the State.

“Net Win” per tribe or pueblo for the quarter ending December 31 , 2003:

NET WIN

Acoma                                                             $ 9,180,699

            Isleta                                                                  22,168,586

            Jicarilla                                                                    626,241

            Laguna                                                               16,219,509

            Sandia                                                                30,699,917

            San Felipe                                                             4,763,137

San Juan                                                               5,057,783

Santa Ana                                                           9,489,740

Santa Clara                                                           4,323,911

Taos                                                                     1,580,138

            Tesuque                                                                6,085,568

Total Net Win                                                $ 110,195,229