• indianz.com
  • native american news, information and entertainment.

    owned and operated by Ho-Chunk Inc., the economic development corporation of the winnebago tribe.

    • More
      • News Headlines
      • Indian Gaming
      • Federal Register
      • Jobs
    • Contact us
      • 202 630 8439 (THEZ)
      • email indianz.com
      • Ho-Chunk Inc

Indianz.Com > New Mexico tribes renegotiate gaming compact

  • News
  • Indian Gaming
  • Federal Register
  • Jobs
ads@blueearthmarketing.com   712.224.5420

Business Deals
New Mexico tribes renegotiate gaming compact
Monday, January 29, 2007  

compacts
new mexico
Eleven New Mexico tribes reached a new gaming compact with Gov. Bill Richardson (D) to share more revenues with the state in exchange for a longer agreement.

The tribes will share between 9.25 percent to 10.75 percent of their slot machine revenue, depending on the size of their facilities. Currently, the rate is capped at 8 percent.

The deal will last until 2045. State officials say it will generate about $1 billion in revenue.

The tribes that signed the agreement are the Pueblos of Acoma, Isleta, Laguna, Ohkay Owingeh, Sandia, San Felipe, Santa Ana, Santa Clara, Taos and Tesuque, and the Jicarilla Apache Nation. Pojoaque Pueblo and the Mescalero Apache Nation, tribes who only recently entered into a deal, have not yet signed.

The New Mexico Legislature has to ratify the compacts before they are sent to the Interior Department for approval.

Get the Story:
State, tribes agree on gaming compact (The Santa Fe New Mexican 1/27)
pwpwd
Tribes, Gov. OK Gaming Deal (The Albuquerque Journal 1/27)
Legislators to eye tribal compacts (The Albuquerque Tribune 1/29)

Stay Connected


Contact Us

indianz@indianz.com
202 630 8439 (THEZ)

Search


Top Indian Gaming Stories

Trending in Gaming
1 Catawba Nation continues work on controversial casino in North Carolina
2 Cheyenne and Arapaho Tribes move forward with casino expansion
3 Poarch Band of Creek Indians said to be on Trump's radar
4 Hopi Tribe officially joins Indian gaming industry with approved compact
5 Seminole Tribe paid just $50M for casino Donald Trump built for $1.2B

More Stories

• Spokane Chairman: Gaming compact a good deal
• Editorial: Study impact of gaming in Connecticut
Indian Gaming Archive
2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004


Indianz.Com
  • Arts & Entertainment
  • Business
  • Canada
  • Cobell
  • Education

 
  • Environment
  • Federal Recognition
  • Federal Register
  • Health
  • Indian Gaming

 
  • Indian Trust
  • Jack Abramoff Scandal
  • Jobs & Notices
  • Law
  • National

 
  • Opinion
  • Politics
  • Sports
  • Technology
  • World
  • Indianz.Com

    Native American news, information and entertainment. Owned and operated by Ho-Chunk Inc., the economic development corporation of the Winnebago Tribe. Call us at 202 630 8439 (THEZ)

© Copyright: Indianz.com