0
New Mexico's HB101, proposed by Representatives Raymundo Lara and Phelps Anderson, aims to expand sports betting options. The bill would allow sports betting licensees to incorporate betting activities through three distinct mobile platforms. If enacted, the legislation would also enable racetrack casinos in the state to host table games, although electronic and online versions of these games would not be allowed. The measure outlines provisions for issuing up to six licenses for sports betting and six for table games, each with a validity of five years. Applicants seeking licenses must submit a $50,000 application fee, along with a $50,000 annual renewal fee.
