DULCE, N.M. (AP) – An agreement between the Jicarilla Apache Nation and Gov. Susana Martinez should allow the tribe to continue operating its two casinos for at least 22 more years.
The tentative deal announced Monday includes a new revenue-sharing agreement that would see the state collect 2 percent of yearly revenue up to $6 million and 8½ percent of any winnings above that amount.
The new compact will allow the tribe to continue operating its casinos in Dulce and west of Cuba and recognizes that the expiring compact didn’t limit the number of sites it could operate. The tribe said in a news release the deal holds the Jicarilla Apache to the same terms as other tribes.
The agreement must be approved by the New Mexico Legislature and the federal Interior Department.
Copyright 2014 The Associated Press.
