Navajo Bid To Build 5 NM Casinos Clears Hurdle

Law360, New York (February 6, 2014, 6:44 PM EST) -- After heated negotiations, a New Mexico committee on Wednesday pushed forward a proposed gambling compact with the Navajo Nation that would allow the tribe to build and operate up to five casinos.

In a 12-4 vote, the New Mexico Committee on Compacts, which is made up of both state senators and representatives, approved sending the compact up for full floor votes in both houses. The motion carried with it a recommendation for state lawmakers to approve the renegotiated compact, which would replace an existing agreement with...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.