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 15.1.10.46 - DISTRIBUTOR/ MANUFACTURER PARTICIPATION IN SLOT REVENUE; RACETRACK OPERATORS
Universal Citation: 15 NM Admin Code 15.1.10.46
Current through Register Vol. 35, No. 18, September 24, 2024
A. A distributor licensee may receive a percentage of net take from a particular gaming machine as a payment pursuant to a lease or other arrangement for furnishing the gaming machine to a racetrack gaming operator in an amount as agreed to by the parties, but in no event more than forty percent of net take.
B. A manufacturer licensee may receive a percentage of net take from a particular gaming machine as a payment pursuant to a lease or other arrangement for furnishing the gaming machine to a racetrack gaming operator in an amount as agreed to by the parties, but in no event more than forty percent of net take.
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