State of New Mexico

Gaming Control Board

NEWS RELEASE

 

FOR RELEASE:        August 30, 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 June 30, 2006 from the thirteen Tribes/Pueblos operating casinos was $12,683,356.  This revenue is deposited into the General Fund of the State of New Mexico.

 

“Net Win” per Tribe/Pueblo for the quarter ending June 30, 2006:

 

                                                                                                             NET WIN

                                    Acoma                                                             $10,565,621

                                    Isleta                                                                  24,324,405

                                    Jicarilla                                                                 1,940,111

                                    Laguna                                                               21,842,082

                                    Mescalero                                                           16,262,326

                                    Pojoaque                                                               6,218,718

                                    Sandia                                                                37,630,010

                                    San Felipe                                                             5,419,149

                                    San Juan                                                               7,150,765

                                    Santa Ana                                                          14,744,626

                                    Santa Clara                                                           5,015,841

                                    Taos                                                                     2,360,490

                                    Tesuque                                                                7,494,456

                                   

Total Net Win                                                $ 160,968,600**

 

**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.