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New Mexico casinos online sports betting proposal faces challenges

Content Team October 16, 2020

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New Mexico casinos online sports betting proposal faces challenges

Stakeholders of?New Mexico’s casinos?are targeting a major gaming expansion that would permit?online casino gaming and sport betting

Should such a proposal fall through, it would make New Mexico the first?western state?to embrace?mobile casino gaming. However,?several political and logistical challenges lie ahead.??

In addition to mobile and retail sports betting,?New Mexico’s?five commercial, hybrid horse track–casino “racinos” are?requesting that law?officials?permit?a?“Las Vegas-style compensation”?which would consist of?providing?accommodation and food outlets.?Furthermore, this?would?also allow alcohol to be served?to?patrons?whilst playing games along with decreasing?the facility caps on slot machines.??

As revenues are currently?dwindling and?layoffs are constantly increasing,?racino?officials?have outlined the importance of such a?legislation?and that the New Mexico Legislature’s Legislative Finance Committee must view these moves as?essential?in order to remain viable in the wake of the COVID-19 pandemic.?

Should?the “Gaming Recovery Act” pass?through, New Mexico would be the first state west of the Mississippi River to approve online casino gaming and just the fifth, after Iowa, Oregon, Colorado and Nevada, with mobile sports betting.?

Achieving such an expansion would?require?not just?a?legislative approval?alone, but a?tedious?renegotiation?with the state’s gaming tribes.?

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