HOT Stories more

Jason Ader proposing $350M MLS team for Vegas

Article
New Mexico negotiates with tribes over slot machine wagers November 26, 2012 9:09 AM by Staff & Wire Reports

Regulators in New Mexico are negotiating with eight pueblos and two tribes over whether slot machine wagers started with “free play” or “bonus point” credits should be included when the casinos report their total quarterly wagers.

The Albuquerque Journal reports that Gaming Control Board officials maintain the tribal casinos are paying the state less than they should by not adding the value of “free” or “bonus” play to the total amount of cash wagered and reported to the state.

Tribal casino officials maintain that because slots players using free or bonus points are not betting actual money, there is no “revenue” produced.

At stake are millions of dollars the tribes pay the state in revenue sharing.

Contact us at Publisher@GamingToday.com.

Like GamingToday on Facebook GamingToday on Facebook      and        Follow GamingToday on Twitter GamingToday on Twitter

GamingToday Race and Sports Futures

           LVH Superbook  Stratosphere Sports Book  

                Wynn Sports Book  CG Technologies

top stories

Gaming Yesterday | Each week in this column Scotty Schettler will take a trip down Memory Lane. He’ll tell you stories as he remembers them of people, places and happenings from days of old in Las Vegas.

NFL Preview AFC North | This year, based on odds provided by the LVH SuperBook, the division figures to be a three-way slugfest between Cincinnati, Pittsburgh and Baltimore. The Bengals are the slight favorite at 8/5.

Penn National Gaming Inc. (PENN) fought a gallant battle to keep its Sioux City, Iowa, riverboat operating but in the end it was all for naught. The Iowa Supreme Court has ruled that the casino must close as of Wednesday of this week. 

A Maryland casino is looking to hire some of the soon-to-be-jobless Atlantic City casino workers. Maryland Live! is holding job fairs next week at the Sheraton hotel across from the Atlantic City Convention Center.

Louisiana’s 21 casinos took in $203.5 million statewide in June, edging up one-half of a percentage point from a year earlier. State gambling revenues totaled $202.4 million in June 2013.

GamingToday football special subscription ad