CasinoCityTimes.com

Home
Gaming Strategy
Featured Stories
News
Newsletter
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Related Links
SEARCH NEWS:
Search Our Archive of Gaming Articles 
 

New Mexico Governor Wants Spending Details Released

5 January 2004

SANTA FE, New Mexico – As reported by the Associated Press: "Gov. Bill Richardson wants to remove the secrecy surrounding how New Mexico's horse tracks and Indian casinos spend millions of dollars required to treat compulsive gambling.

"Richardson plans to ask the state Gaming Control Board to make a regulatory change that would allow the public to know where the state's four horse tracks are spending the treatment money.

"Information on where tribal casinos spend their treatment money is confidential under the 2001 gaming compacts, but Richardson wants to work with the tribes to make the information public.

"..Under state law and the compacts, the tracks and tribes must set aside one-quarter of 1 percent of their slot machine profits for compulsive-gambler programs.

"…Guy Clark, executive director of the New Mexico Coalition Against Gambling, has said that under the current system, there's no way of ensuring the money is being put to the best use…"

< Gaming News