CasinoCityTimes.com

Gurus
News
Newsletter
Search News Subscribe
Stay informed with the
NEW Casino City Times newsletter!
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
Related News

Gaming News

 

New Mexico deal in question

22 January 2007

LAS CRUCES, New Mexico – As reported by the Las Cruces Sun News: "A casino proposed for Chaparral could hurt New Mexico State University's chances of receiving a 50 percent ownership share of Sunland Park Racetrack & Casino.

"When a casino proposed for Anthony first came to light two years ago, Sunland Park racetrack owner Stan Fulton added a caveat to an earlier offer he made to give NMSU a half-stake in the racing operation upon his death: The university will only get the lucrative share if no other casino exists within a 50-mile radius when he dies.

"Fulton said the Chaparral casino proposal, similar to one for Anthony, would be within a 50-mile radius of his Sunland Park racetrack, and would negate his offer should it be built.

"…The straight-line distance between Sunland Park and Chaparral is roughly 20 miles.

"The Tigua Indians of the Ysleta del Sur Pueblo are seeking permission from the federal government to place a casino on a 10-acre site just north of the New Mexico-Texas border in southeastern Doña Ana County. In December 2004, the Jemez Pueblo and Santa Fe businessman Gerald Peters requested land in Anthony for a casino…"

< Gaming News