Two New Mexico legislators have pre-filed a bill that would permit sports betting – both retail and online – and table games at the state’s racetracks.
HB101, introduced by Representatives Raymundo Lara and Phelps Anderson, would allow sports betting licensees to offer betting through three different mobile skins.
Table games, meanwhile, would be permitted at racetrack casinos in the state should HB101 pass into law. However, electronic and online table games would not be permitted.
Up to six operating licenses for sports betting and a further six for table games may be issued, each running for five years. In order to apply for a license, an applicant must pay a $50,000 application fee, then a $50,000 annual renewal fee.
