New Mexico racing regulators set to rule on 6th ‘racino’

New Mexico racing regulators are set to decide if they will issue the state’s sixth and final license for a horse racetrack and casino.

The New Mexico Racing Commission on Thursday also could name the winning bid for the final license despite objections from New Mexico five existing “racinos.”

Under the state’s compacts with casino-operating tribes, only six racinos are allowed in New Mexico. The five existing racinos are in Hobbs, Ruidoso, Farmington, Albuquerque, and Sunland Park.

There three other proposals out of Clovis, New Mexico, including one involving “moving grandstand” that will allow an audience to travel alongside running horses.

Two other projects are proposed for Tucumcari along this historic Route 66 and Lordsburg near New Mexico’s Bootheel.