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Navajo Panel Moves Forward On New Mexico Gaming Compact

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  A panel of Navajo Nation lawmakers has settled on terms that the American Indian tribe would like to see adopted as part of a new gambling compact with the state of New Mexico.

The tribe's current compact is set to expire in June, and negotiations with Gov. Susana Martinez's office have been ongoing for months.

Navajo Speaker Pro Tem LoRenzo Bates says the result is a compact that's fair for Navajos and for New Mexicans.

Under the formula outlined in the proposal, revenue sharing with the state would range from 8.5 percent to 10.75 percent depending on the amount of net winnings and the duration of the 23-year compact.

A similar effort to renew the contact failed during the last legislative session.

The Navajos operate three casinos in New Mexico and one in Arizona.

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