New Mexico Gaming Expansion Would Cut Tax Revenue, Report Warns

• Proposal would lower total New Mexico tax revenues
• Online gaming, sports betting remain tough sell to tribes
• Jobs being cut as commercial casinos remain closed

A proposal to allow New Mexico's commercial casinos to offer online gaming, sports betting and table games while eliminating tribal revenue-sharing could cost the state millions of dollars annually, according to a legislative report.

In exchange for expanded casino gaming, the proposed Gaming Recovery Act would eliminate the revenue-sharing payments tribes are required to make to the state.