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New Mexico Gambling Expansion Bill Stalled Friday April 16, 2021 2:51PM New Mexico Gambling Expansion Bill Stalled By In Summary: A bill to pass sports betting and table games at racinos in New Mexico is facing opposition from tribal officials, as it would violate gambling compacts Sponsors say the legislation would boost the Lottery Scholarship Fund, but opponents claim it is a ploy to bring out of state corporations on the state gambling market If the bill were to pass, New Mexico could lose the consequent revenue it receives every year from the tribes New ...

Bill to expand casinos at racetracks stalls in New Mexico Legislature Walter Rubel LAS CRUCES - A bill seeking to bolster the Lottery Scholarship Fund by allowing sports betting and table games at the state’s horse racing tracks was likely doomed the evening before The Feb. 8 meeting of the House Education Committee. In the fiscal impact report on House Bill 101 delivered to legislators Sunday evening, officials from both the state Attorney General’s office and the State Gaming Commission said the proposed expansion would be a violation of the state’s gaming compacts governing tribal ca...

LAS CRUCES - Gov. Michelle Lujan Grisham broke with tradition and dispensed with the annual state of the state address Tuesday, Jan. 19, on the opening day of the New Mexico Legislature’s 60-day session amid concerns for both COVID-19 and potential civil disruptions. But her to-do list for lawmakers is no secret. These are the governor’s top priorities for this year’s session, and the legislation that has been introduced to achieve them: * Expand the Small Business Recovery Act passed in the June special session by providing an additional $100 million in federal funding for small busin...

Ray Lara wants to change this current state of affairs and officially proposed a fresh measure earlier today that would permit these facilities to transform into fully-fledged casinos offering a complete retinue of the currently-proscribed live-dealer games. The Democratic legislator purportedly stated that his proposition could generate up to $40 million every year with some $15 million of this going towards the state’s struggling Lottery Scholarship Fund university education program. Lara reportedly told the Las Cruces Sun-News… “I truly believe this is a win-win for the state a...