State of New Mexico

Gaming Control Board

NEWS RELEASE

FOR RELEASE:  May 26, 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 March 31, 2004 from the eleven Tribes or Pueblos operating casinos was $9,408,764.  This revenue is deposited into the General Fund of the State.

“Net Win” per tribe or pueblo for the quarter ending March 31, 2004:

NET WIN

Acoma                                                             $ 9,461,305

            Isleta                                                                  23,006,563

            Jicarilla                                                                    605,356

            Laguna                                                               21,356,236

            Sandia                                                                31,887,175

            San Felipe                                                             5,004,926

San Juan                                                               5,384,205

Santa Ana                                                          10,049,821

Santa Clara                                                           4,574,605

Taos                                                                     1,641,698

            Tesuque                                                                6,041,700

Total Net Win                                                $ 119,013,591