State of New Mexico
Gaming Control Board
NEWS RELEASE
FOR RELEASE: August 27, 2004
CONTACT: Don Dutton, Acting State Gaming Representative,
New Mexico Gaming Control Board, (505) 258-3953
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 cash and non-cash prizes won on the gaming machines, less State and Tribal 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, 2004 from the eleven Tribes or Pueblos operating casinos was $9,370,771. This revenue is deposited into the General Fund of the State.
“Net Win” per tribe or pueblo for the quarter ending June 30, 2004:
NET WIN
Acoma $ 8,970,196
Isleta 22,001,764
Jicarilla 599,989
Laguna 19,300,295
Sandia 33,614,130
San Felipe 5,482,472
San Juan 5,599,450
Santa Ana 10,311,589
Santa Clara 4,518,346
Taos 1,889,551
Tesuque 6,440,493
Total Net Win $ 118,728,275