Racetrack casinos (racinos) are taxed at an effective 46.25% of net take (26% gaming tax + 20% racing purses + 0.25% problem-gambling fund); gaming-device distributors/manufacturers are taxed at 10% of gross receipts from gaming devices. Tribal gaming is not taxed but subject to negotiated revenue-sharing with the state General Fund under the compact.
Jurisdictions › New Mexico › Tax
New Mexico · Question 05 of 11
Tax: What is the tax take?
Mixed · Confirmed · AI-generated · Back to full New Mexico report →
Key section parameters
| Jurisdiction | New Mexico (US-NM) |
|---|---|
| Regulator | New Mexico Gaming Control Board (NMGCB) |
| Favourability | Mixed |
| Confidence | Confirmed |
| Review status | AI-generated |
| Last collected | 18 Oct 2026 |
Summary answer
Racetrack casinos (racinos) are taxed at an effective 46.25% of net take (26% gaming tax + 20% racing purses + 0.25% problem-gambling fund); gaming-device distributors/manufacturers are taxed at 10% of gross receipts from gaming devices. Tribal gaming is not taxed but subject to negotiated revenue-s…