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.
Copyright 2015 The Associated Press.
