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What's in the Cards: More Casinos, Tracks, Keno and Slots in Bars?10 January 2005NEW MEXICO -- As reported by the Albuquerque Journal: "New Mexico is at a gambling crossroads, facing its biggest public-policy questions since approving casino gaming and a lottery. "There are more questions than answers. "Will New Mexico allow Indian tribes to build off-reservation casinos? Will tribes with relatively remote locations be able to put casinos in populated areas, like the corridor connecting El Paso and Las Cruces? " Will the state expand the number of horse tracks with casinos? "...Should bars and restaurants, which say their cash registers aren't ringing like they did before casino gambling, get a chance to compete with their own slots? "How about allowing track casinos to be open more hours or having the state Fair Commission build a new casino for the operators of the fairgrounds track? "The state lottery also may renew efforts to add a fast-paced keno game to its menu. " The continuing push to expand the gambling industry is no surprise, given the money at stake. "…State government, a benefactor of casino gambling and its biggest beneficiary, is projected to take in about $84.4 million this year from gambling. That figure includes revenue-sharing payments from tribes (slots only) and taxes from the tracks and veterans and fraternal clubs that operate slots. "Gov. Bill Richardson, a longtime supporter of casino gambling who will play a pivotal role in any expansion, has sent mixed signals over the last year. To read the rest of this article please click here |