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

April 8, 2018 Leave a comment

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.

 

2016 New Mexico Tribal Gaming Summary and Contribution to the General Fund

April 26, 2017 Leave a comment

Here is a summary of tribal gaming in New Mexico for 2016 (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.  Stay tuned, I’ll be adding previous years once I can find an efficient way to get the data in a spreadsheet and summarize.

Some highlights compared to 2015:

  • Total NM Tribal Gaming Net Win for 2016 is $698.7 million
  • Total Revenue share to NM general fund from Tribal Gaming Net Win is $59 million
  • Total NM Tribal Gaming Net Win is down $19.3 million (-2.7%) from 2015 ($718,056,499)
  • Revenue share to NM general fund from Tribal Gaming Net Win is down $6.7 million (-10.2%) from 2015 ($65,808,507)
  • Tribal Gaming Revenue share to NM general fund is about 1% of total NM FY16 budget.

 

 

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