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New Mexico Tribe Agrees to 22-Year Compact for its Casino

ALBUQUERQUE, N.M. (AP) — Acoma Pueblo says it has reached an agreement with New Mexico Gov. Susana Martinez's administration on a gambling compact.

Tribal officials say the deal would increase the percentage of revenue it shares with the state from operating a casino on Interstate 40 west of Albuquerque.

Acoma Tribal Secretary Jonathan Sims says officials feel confident their proposed deal will win approval from the state Legislature during its 60-day session that convenes Jan. 20 in Santa Fe.

Under the Acoma's current compact expiring in June, the tribe shares 8 percent of its revenue from slot machines at its Sky City Casino.

Under the proposed new 22-year compact, the revenue sharing would increase to 8.5 percent through 2018, then 8.75 percent through 2030 and 9.5 percent through 2037 in the compact's final year.