- Associated Press - Tuesday, July 14, 2015

ALBUQUERQUE, N.M. (AP) - Gamblers are spending less at New Mexico casinos, and the state is seeing a drop in tax revenue as a result.

The Albuquerque Journal reports (https://bit.ly/1Gj1sik) tribal casinos, racinos and nonprofits statewide paid $1.3 million less to the state in gaming taxes in 2014 than the year before.

Tribes paid a total of $66 million to the state in 2014.

Data filed with the New Mexico Gaming Control Board also shows a 2.6 drop in net winnings, an indicator of gambling activity that reflects how much is wagered on slots minus certain expenses.

This is the second consecutive year of declining gambling revenues in the state.


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

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