New Mexico claims bigger share of tribal casino revenue

Wednesday, October 26, 2011  

The New Mexico Gaming Control Board wants to go into arbitration to seek a bigger share of revenues from tribes, KRQE-TV reports.

Under the Class III gaming compact, tribes shared $64 million with the state during the last fiscal year. But the board claims more money is owed.

“The amount of money that we speculate is owed is substantial,” David Norvell, the chairman of the board, told KQRE. “We estimate it’s somewhere in the neighborhood of $15 million.”

Norvell said the tribes owe money on revenue generated from comped or free play at casinos.

Get the Story:
State: Indian casinos owe more money (KRQE-TV 10/25)