As we speak, the state of New Mexico has 23 land-based casinos and 5 racinos, the highest ration of residents to casinos in the United States. After the PASPA was repealed, residents of the state were allowed to participate in sports betting as long as they do it in a locally licensed land-based gambling facility. However, only a handful have taken the stride of officially offering retail sports betting services.
On the 11th of October 2018, the first official sports wager was placed at Santa Ana Star Casino, which is located near Alberquerque. It became the first sportsbook to launch in New Mexico, in partnership with USBookmaking. This was possible because most of the New Mexico casinos do not fall under the gambling regulations of the state but instead follow those of the tribal gaming commissions instituted to regulate them.
In fact, because sports betting falls under the gaming classification III, sports betting can be offered on Indian reservation territory regardless of what the state’s regulations were. Thus, while there are still no specific sports betting state laws passed by the House of Representatives, tribal gambling facilities are within their right to offer retail sports betting.
In March 2019, Hilton Buffalo Thunder Casino launched a retail sportsbook, and later in July, The Mountain Gods Resort and Casino followed suit by launching a retail sportsbook after striking a partnership deal with William Hill. The Isleta Resort and Casino later joined the bandwagon of casinos offering a retail sportsbook, launching its services on 12th August 2019.
Route 66 Casino and Hotel was the newest entrant in the world of sports betting in New Mexico after debuting a full-service sports betting section by the name ‘The Book’ in September 2019. With such impressive progress, we expect to see more retail sportsbooks in the future, especially after those already in the market start reaping lucrative benefits in revenue streams.