Acoma Pueblo reaches new Class III gaming compact with state

The Sky City Casino at Acoma Pueblo in New Mexico. Photo from 500 Nations

Acoma Pueblo has reached a new Class III gaming compact with the state of New Mexico.

According to The Santa Fe New Mexican, the tribe will share more revenues with the state. The current compact includes an 8 percent cap but the new deal calls for rates ranging from 8.5 percent to 9.5 percent.

“The agreement will provide the economic development we desire,” Pueblo Gov. Fred Vallo said in a press release quoted by the paper. “We will be able to fund tribal operations at all levels."

The agreement will run for 22 years. It requires approval by the Legislature before it can be sent to the Bureau of Indian Affairs for review.

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Acoma agrees to 22-year compact for its casino (The Santa Fe New Mexican 1/8)

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