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. 

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