Regional
9:09 am
Thu March 1, 2012

Slots Net $1 Billion In New Mexico

ALBUQUERQUE, N.M. (AP) — Gamblers are plunking down some big money in New Mexico with state casinos raking in nearly $1 billion.

The Albuquerque Journal reports collectively the state's gambling parlors reported $973.8 million in "net win" last year, a 1.9 percent increase over 2010.

Gambling interests paid the state $130.2 million in gaming taxes, a 1.1 percent increase from 2010.

Figures compiled by the New Mexico Gaming Control Board show the state's 14 casino-operating tribes reported a total net win of $713.9 million last year, a 2.1 percent increase over 2010. Collectively, those casinos paid the state nearly $65.2 million in gaming taxes.

Figures compiled by the New Mexico Taxation and Revenue Department show the state's five racinos reported a total net win of $248.9 million last year, a 1.3 percent increase over 2010. The racinos paid nearly $64 million to the state.

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Information from: Albuquerque Journal, http://www.abqjournal.com

Copyright 2012 The Associated Press.