SBookmaking entered a deal with Santa Ana Pueblo to install a full-service sports book that will allow gamblers to bet on everything from the NFL and NASCAR to college sports and even minor league baseball, Santa Fe New Mexican reports.
“There will be action taken on the colleges, so the University of New Mexico, New Mexico State — those will be available to wager,” said John Salerno, director of operations for USBookmaking.
About the only thing people won’t be able to bet on is high school events. Everything else, he said, is fair game.
“You can get the same thing there as you would at any Las Vegas sports book,” Salerno said, adding his company has been working with Santa Ana to train the staff on how to write tickets, take wagers and pay off winners.
In June, the U.S. Supreme Court struck down the Professional and Amateur Sports Protection Act that largely prohibited commercial sports betting in most states. After the ruling, many states began to explore sports wagering possibilities.
Rep. Moe Maestas, D-Albuquerque, said the entrance of Santa Ana and perhaps other tribal casinos into the realm will not help local and state governments in terms of revenue.
“It’s zero revenue boost to the state. Zero,” Maestas said. “The tribes do not have to give a dime to the state. It doesn’t affect the state coffers at all. It may help tourism.”
New Mexico’s gaming compacts with Native American tribes do not specifically address sports wagering, opening the door for casinos like Santa Ana to enter the fray without a change to regulations governing gaming. Sports wagering falls under Class III gaming, which allows the casinos to move ahead without state approval.
“In terms of legislation, there’s no legislation,” Maestas said.
Maestas said Class III gaming does not specifically fall under the jurisdiction of the state’s Gaming Control Board.
“If the state allows anybody else to do Class III gaming, then the revenue-sharing portion of the [gaming] compact is null and void,” said Maestas. “And the tribes don’t have to give the state a dime.”
Salerno said Santa Ana Pueblo may not be a pioneer for long. He said other Indian casinos are well into the process of starting their own sports books. He would not speculate on casinos that may be considering a sports book.
He said the profits for the casino are proven to be steady and predictable.
“Well, it’s worked very well in Nevada for 50 years,” Salerno said. “Basically all the casinos here in Nevada have sports wagering and, really, it’s just another product mix to add into their slots and table games.”
Lawmakers say the main obstacle moving forward is regulating internet gaming through legalized sports books.
“I would rather that bettors bet with a local entity than with all these internet sites from the Bahamas,” Maestas said. “The key is allowing tribal entities to have exclusive rights to the New Mexico market.”