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BC-NM--New Mexico Racino License,1st Ld-Writethru, NM

May 3, 2019
New Mexico’s newly minted panel of horse racing regulators are meeting for the first time and one of the first orders of business is the state’s sixth and final license for a track and casino. The racing commission convened Friday in Albuquerque. After elected a chair, the commission opted to begin discussing the racino license behind closed doors. Five companies are vying for the lucrative license.

ALBUQUERQUE, N.M. (AP) — New Mexico’s newly minted panel of horse racing regulators are meeting for the first time and a top order of business is the state’s sixth and final license for a track and casino.

The racing commission convened Friday in Albuquerque. Beverly Bourguet was named chair and David “Hossie” Sanchez was chosen as the vice chair. Both served previously on the commission.

Bourguet says each commissioner has different skills and she hopes they can move forward in an innovative way.

It’ll be up to the panel to decide the contentious competition for the lucrative racino license. They began discussing the issue behind closed doors during Friday’s meeting.

The previous commission repeatedly put off a vote, citing a legal battle over a disputed feasibility study. Gov. Michelle Lujan Grisham also has asked for more research and information on the process.