Copyright © 2018 Albuquerque Journal
The state’s five racetrack-casinos have asked the New Mexico Racing Commission not to issue a sixth racing license this year, saying that doing so would harm an industry that is by some metrics “far from healthy,” according to a letter obtained by the Journal.
The letter, dated Nov. 13 and addressed to the commission’s chairman and vice chairwoman, is signed by representatives of The Downs at Albuquerque Racetrack and Casino, Sunland Park Racetrack and Casino, Ruidoso Downs and Billy the Kid Casino, SunRay Park and Casino near Farmington and Zia Park Casino Hotel and Racetrack in Hobbs.
“It is our opinion that the issuance of a sixth racing license would be contrary to the Commission’s stated mission and would result in economic harm, instability and uncertainty for all segments of the state’s horse racing industry,” the racinos wrote. “Instead, we feel the Commission’s focus should be on working with the current stakeholders to improve, embrace, enhance and grow the horse racing industry.”