State of New Mexico

Gaming Control Board

NEWS RELEASE

FOR RELEASE: June 1, 2005

CONTACT:                Morris J. Chavez, State Gaming Representative

(505) 841-9707 or mjchavez@nmgcb.org

The New Mexico Gaming Control Board, through the State Gaming Representative, monitors the 2001 Tribal-State Gaming Compacts signed by twelve Tribes/Pueblos.   The compacting Tribes/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 March 31, 2005 from the twelve Tribes/Pueblos operating casinos was $9,766,991.  This revenue is deposited into the General Fund of the State of New Mexico.

“Net Win” per Tribe/Pueblo for the quarter ending March 31, 2005:

NET WIN

Acoma                                                             $  8,917,911

                                    Isleta                                                                  23,441,793

                                    Jicarilla                                                                 1,510,780

                                    Laguna                                                               21,128,579

                                    Mescalero*                                                      

                                    Sandia                                                                33,322,284

                                    San Felipe                                                             5,134,842

San Juan                                                               6,261,977

Santa Ana                                                          12,855,121

Santa Clara                                                           4,310,346

Taos                                                                     1,834,406

                                    Tesuque                                                                6,296,634

Total Net Win                                                $ 125,014,673**

*Mescalero will begin reporting for the 2^nd Quarter of 2005 per an agreement with the Attorney General of New Mexico.

**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.