New Mexico Administrative Code
Title 15 - GAMBLING AND LIQUOR CONTROL
Chapter 1 - GAMES AND GAMING GENERAL PROVISIONS
Part 10 - CONDUCT OF GAMING ACTIVITY UNDER THE GAMING CONTROL ACT
Section 15.1.10.25 - PAYMENT OF WINNINGS
Current through Register Vol. 35, No. 18, September 24, 2024
A. No gaming machine offered for play by a nonprofit operator licensee shall award a prize that exceeds ten thousand dollars ($10,000). Nonprofit operator licensees shall not offer periodic payments of cash or non-cash winnings and shall remit the total winnings and non-cash prizes awarded to a patron as the result of any licensed game upon validation of the win.
B. Except as otherwise provided in this title, a racetrack gaming operator licensee shall remit the total winnings and non-cash prizes awarded to a patron as the result of any licensed game upon validation of the win.
C. If a gaming operator licensee uses ticket-in/ticket out technology, a patron shall be required to personally present the ticket for redemption at the licensee's premises. A licensee shall not redeem tickets by mail or by any common carrier.