Home > Business, Tribal, Tribal Gaming > 2017 New Mexico Tribal Gaming Summary and Contribution to the General Fund

2017 New Mexico Tribal Gaming Summary and Contribution to the General Fund

Here is a summary of tribal gaming in New Mexico for 2017 (gaming machines). The reports from the NM Gaming Control Board come out on a quarterly basis (and sometimes amended), and with a little spreadsheet work we can get the yearly picture.

Some highlights compared to 2016:

  • Nambe Pueblo gaming has effectively stopped operations in 2017
  • Pojoaque Pueblo has started contributing to the NM Tribal Gaming Net Win in 2017.
  • Total NM Tribal Gaming Net Win for 2016 is $708.7 million (up from $698.7 million)
  • Total Revenue share to NM general fund from Tribal Gaming Net Win is $61.5 million (up from $59 million)
  • Total NM Tribal Gaming Net Win is up $10 million (+1.4%) from 2016
  • Revenue share to NM general fund from Tribal Gaming Net Win is up $2.5 million (+4%) from 2016
  • Tribal Gaming Revenue share to NM general fund is about 1% of total NM FY17 budget
  • Average percent from Tribal Gaming Revenue to the State of NM is 8.46%

And one other interesting comparison …  All of the 2017 Tribal Infrastructure Awards from the State of New Mexico totaled $5.4 million …  So only about 8.7% of Tribal Gaming dollars to the State of New Mexico make it back into on reservation for tribal infrastructure.

 

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