State of New Mexico

Gaming Control Board

NEWS RELEASE

 

FOR RELEASE:        June 29, 2006

 

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 thirteen 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, 2006 from the thirteen Tribes/Pueblos operating casinos was $12,569,510. 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, 2006:

 

                                                                                                             NET WIN

                                    Acoma                                                             $10,761,772

                                    Isleta                                                                  24,859,354

                                    Jicarilla                                                                 2,204,093

                                    Laguna                                                               21,791,136

                                    Mescalero                                                           15,486,725

                                    Pojoaque                                                               6,316,525

                                    Sandia                                                                37,345,508

                                    San Felipe                                                             5,478,150

                                    San Juan                                                               6,450,184

                                    Santa Ana                                                          14,287,266

                                    Santa Clara                                                           4,995,032

                                    Taos                                                                     2,057,457

                                    Tesuque                                                                7,750,301

                                   

Total Net Win                                                $ 159,783,503**

 

**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.