Local and State News
Indian Casino Revenue Up 7 Percent in New Mexico
ALBUQUERQUE, N.M. (AP) — A new report shows revenue at New Mexico's Indian casinos was up 7 percent in 2012 as tribes increased slot machines but reduced table games.
The annual Casino Cities Indian Gaming Industry Report released Wednesday shows revenue at New Mexico's 25 Class III gaming facilities increased to $864 million in 2012. The number of slot machines rose 3 percent to 16,281, while the number of table games fell 7 percent to 261.
Nationally, the report says revenue at Indian casinos rose 2 percent in 2012 to hit an all-time high of $281 billion in 2012, although that growth was outpaced by commercial casinos and racinos.