DraftKings is a daily fantasy sports website that is based out Boston, offering players contests for a number of sports. DraftKings has...
Legal Online Gambling In New Mexico
New Mexico is a moderately strict state when it comes to New Mexico gambling regulations. The state does understand the value of gambling tax revenue, but it still has limitations when it comes to casino-style betting online. The Land of Enchantment is home to 24 land-based casinos and plans to license more in the future. Tribal reservations, as well as the New Mexico Gaming Board, oversee the 24 gambling establishments. These enterprises provide a way for residents to enjoy several types of casino style games such as poker, blackjack, and slot machines.
The New Mexico State Lottery has been in operation for 20 years. With gambling tax revenue, the State Lottery has contributed over 620 million dollars towards education funding for New Mexican college students. With such success in putting tax revenue to use, the future of gambling is bright for New Mexico. Although no current online casinos are available in the state, residents can enjoy several gambling options online from home.
What Type of Gambling is Legal in New Mexico?
New Mexico state law does clarify that any form of gambling outside of New Mexico’s land-based establishments are illegal. First-time offenders of illegal gambling can result in a petty misdemeanor conviction. Operators or managers of illicit gambling do not get off so easily, State Statute 30-19-3 says, “A) It is unlawful for any person to, directly or indirectly, knowingly accept for a fee, property, salary or reward anything of value from another to be transmitted or delivered for gambling or pari-mutuel wagering on the results of a race, sporting event, contest or other game of skill or chance or any other unknown or contingent future event or occurrence whatsoever. Although New Mexico is strongly against gaming outside of the state’s licensed enterprises, federal law allows New Mexican residents to make legal wagers online through: horse and greyhound racing, fantasy sports betting, and skill games.
Online Horse and Greyhound Racing
New Mexico is also home to five horse and greyhound racing tracks. All of the gambling establishments are regulated and managed by the New Mexico Racing Commission, which license several online platforms to host gambling for each event. The sites that have the proper licensing are based in the United States and are held accountable to give members the gambling fairness they deserve.
Safe and legal horse and greyhound betting sites:
TVG is a multi-surface platform for both television and Internet users throughout the US. TVG leads the industry in providing live horse and greyhound racing both over the web and on TV in over 33 million homes. The company also greatly contributes mass amounts of charity to the sport and continues to host several events each year. Members can watch or stream horse and greyhound racing events 24/7, with helpful handicap information on every race. Sign up today or refer a friend to access wagering bonuses on your first race.
XpressBet proves to be another excellent site for horse and greyhound racing. The site's easy to use and interactive features give both new and veteran members an exciting and informative experience. Users have access to insider tips for every race, as well as betting advice and money management. New members also receive a sign up bonus when they join the XpressBet community.
Online Fantasy Sports
Although every form of traditional sports betting is illegal in New Mexico, the new fast-paced alternative of fantasy sports betting is sweeping the nation. In 2006, the Unlawful Internet Gambling Enforcement Act made almost all online gambling illegal, with some exceptions. Congress exempted fantasy sports betting due to the game focusing on skill rather than chance.
Participants have to take into consideration variables like coaching strategies, player types, injury reports, as well as other statistics that reflect one’s knowledge of the game. Currently, there are over 57 million users partaking in some fantasy sports league. Federal law regulates the US sites that operate under the Fantasy Sports Trade Association. Residents of New Mexico can safely make real money wagers over the several sites that are in correspondence with the state law.
Popular fantasy sports betting websites:
DraftKings is one of the leading platforms for fantasy sports betting in the US, hosting events and tournaments every day. The site offers single day or week leagues, allowing members to avoid the lasting commitment. DraftKings will match all new member’s first deposits with a signup bonus. Test your knowledge with friends or with other sports fans online today on DraftKings. Learn more by reading the DraftKings Review!
FanDuel is another powerhouse site for daily and weekly fantasy sports leagues. FanDuel offers fantasy leagues for all the main professional sports as well as some college sports. Members get access to player statistics that are both past and current. When you join the FanDuel family, the site will guarantee that you enjoy your first fantasy league experience or your money back.