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Navaho Wants Better Conditions For New Mexico Casino
Sunday October 27,2013 : NAVAHO WANT A BETTER CASINO DEAL IN NEW MEXICO
Prepared to eschew online gambling as part of any agreement.
The New Mexico state Legislature is set to consider changes to its tribal gambling compact with the Navaho Nation early next year...and the revision could include an agreement to eschew online gambling until the state decides to legalise the pastime.
The Navaho Nation is currently proposing a replacement compact for the current agreement, which expires in 2015. Among the tribe's demands are three more land casinos and potentially less revenue sharing, according to Associated Press news agency reports.
And as part of the new deal, the Navaho are prepared to stay away from online gambling in New Mexico unless or until the state Legislature makes it legal.
The Nation operates land casinos in New Mexico and Arizona and employs 950 people.
Navajo President Ben Shelly told members of the Legislative Finance Committee on Friday that revamping the existing compact would be a win for both his tribe and the state. A longer-term agreement with New Mexico would also make it easier to get outside financing for projects, he said.
The Navaho want to renegotiate the revenue-sharing agreement with New Mexico as part of the changes, sharing only an adjusted net win that would take into account pay-outs to customers who play for free with slot credits offered to draw in customers.
Applying pressure to state lawmakers, an attorney acting for the Navaho has declared that if a compact isn't reached by the expiration date, the tribe could cease any revenue sharing with New Mexico.
She pointed out that the National Indian Gaming Commission, a federal agency that oversees and regulates Indian gambling, could shut down Navajo-owned casinos if they are not part of a compact with the state.
"If the compact expires, this would devastate the Navajo Nation financially, as the slot lease agreements and contracts would be placed in jeopardy," she said.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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