State of New Mexico

Gaming Control Board

NEWS RELEASE

(Revised)

FOR RELEASE:  March 16, 2005

CONTACT:            Morris J. 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 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 December 31, 2004 from the eleven Tribes or Pueblos operating casinos was $9,977,454.87.  This revenue is deposited into the General Fund of the State.

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

NET WIN

Acoma                                                             $  8,722,984

                                    Isleta                                                                  22,145,590

                                    Jicarilla                                                                 1,410,164

                                    Laguna                                                               25,588,619

                                    Sandia                                                                34,210,458

                                    San Felipe                                                             4,902,132

                                    San Juan                                                               6,293,476

Santa Ana                                                          10,630,856

Santa Clara                                                           4,050,382

Taos                                                                     1,736,005

                                    Tesuque                                                                5,956,045

Total Net Win                                                $ 125,646,711

These figures are based on all submitted reports in the New Mexico Gaming Control Board possession at the time of release and are subject to change upon receipt of additional information.