International edition
October 01, 2020

The news came as a surprise

US: Tribal Gaming in New Mexico down despite new casinos

(US).- New Mexico casinos, which are all tribal in nature, saw two new gaming venues begin operating in the last year, yet earnings are declining. New Mexico casinos reported a drop in gambling net win in the first quarter of the year.

T

he news came as a surprise, as two new casino locations were opened by tribes since last year's numbers were generated.

Pojoaque Pueblo opened its Buffalo Thunder Casino in August, and the Navajo Tribe began operations in November at its Fire Rock Casino. Considering the two casinos generated about us$ 13 million, the us$ 2 million drop becomes more significant than at first glance.

Tribal casinos throughout the state brought in a net win of us$ 173,364,770 for this year's first quarter. Last year, the figure was us$ 175,791,147. The Pojoaque gaming numbers increased with the new location from us$ 6.3 million to more than us$ 12 million.

''Just like all the other industries, gaming is down,"  said Pojoaque Governor George Rivera. ''Fortunately, we were able to expand before the economy took a tailspin downward, but it's still a challenge for us."

Rivera said the casino had eliminated positions never filled to limit layoffs, as employment at its Santa Fe casino is running almost 200 jobs under expectations.

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