New Mexico Casino Set to Launch Sports Betting Next Week

Summary: As sports betting takes the nation by storm, yet another state is preparing to launch services.

It seems almost every day, new information surfaces on the subject of sports betting in the United States. Delaware, New Jersey, Mississippi and West Virginia were among the first to begin offering the new gambling activity within their borders and other states are taking notice of the revenues being earned. Earlier this week, it was announced that a casino in New Mexico is now preparing to offer sports betting with the state’s Attorney General set to monitor the action.

Santa Ana Star Casino to Begin Services

New Mexico CasinosThe Santa Ana Casino & Hotel is set to begin offering sports betting services beginning on October 16th. The announcement was made yesterday morning when USBookmaking, a company based in Las Vegas, stated they had signed a partnership deal with the Santa Ana Pueblo tribe to install a sports book within the casino gaming venue. Gamblers will be able to visit the sportsbook and place wagers on sports ranging from the NFL to NASCAR.

US Bookmaking Director of Operations, John Salerno, commented on the new offering by stating that there will be action take on college sports, including the University of New Mexico and New Mexico State. Everything will be fair game except for high school sports.

The offering is being compared to a Las Vegas sportsbook, with employees being trained to write tickets and take bets as well as pay off any wins. The state of New Mexico is one of the more recent states to offer legal single game wagering.

No Help For the State

Because the casino is operated by a recognized Indian tribe, the venue does not have to provide revenues to the state. So, while the option will not have a monetary gain for the state, it should be beneficial in helping to bring in more tourism.

The gaming compacts of the state with the Native American tribes do not address sports betting specifically which opens the door for the Santa Ana casino to be able to offer the activity without having to see any regulation changes made. Sports betting is considered a Class III option, so the casinos are allowed to go ahead without any approval from the state.

Representative Moe Maestas has commented on how the sports betting options at the facility will not help the state. He also pointed out that there is relatively no legislation involving the matter and reportedly more tribal-run casinos are looking to get in on the action.

The new sportsbook is set to debut next week, so the traffic of the venue will be a strong indicator as to how well sports betting will do in the state. There seems to be a strong interest across the United States for the activity and the New Mexico casino already does very well as far as gaming revenues are concerned. This will just be yet another way that the venue will be able to make a profit.

Overall, the focus of the gambling industry in the United States has shifted greatly since Mid-May when the United States Supreme Court ruled that the Professional and Amateur Sports Protection Act was invalid. States have stopped focusing on online gaming and other elements to get started quickly in offering sports betting.

Lawmakers are seeing the value of sports betting, setting up legislation and regulations in order to get started in this new gambling market. It will be interesting to see how New Mexico fares and which states will be next to get started offering sports betting in the US.