FROM THE ARCHIVE
N.M. compacts approved
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MONDAY, NOVEMBER 26, 2001

The Department of Interior last Wednesday approved gaming compacts recently finalized by the state of New Mexico and several tribes.

The compacts reduce the revenue sharing rate with the state from 16 percent to a maximum of 8 percent. They were negotiated after Attorney General Patricia Madrid filed a lawsuit seeking to shut down the casinos unless the tribes paid money they owed the state from agreements signed in 1997.

The tribes agreed to pay $91 million in back fees. Two tribes, Pojoaque Pueblo and the Mescalero Apache Nation, are holding back.

Compacts were approved for seven of the 11 tribes involved. The other four are expected to be approved, said the state.

Get the Story:
Feds Approve N.M. Gaming Compacts (The Albuqueruque Journal 11/23)

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