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New Mexico Lottery creating game tied to sports

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New Mexico LotteryNew Mexico Lottery: New Mexico Lottery creating game tied to sports
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ALBUQUERQUE, N.M. — The board that oversees the New Mexico Lottery voted unanimously Tuesday to move forward with creation of a game tied to the outcome of sporting events.

David Barden, the lottery CEO, said he expects the game to go on sale in four to six months.

Details of the game are being worked out, but it will involve a parlay-like wager. A player will pick possible outcomes of at least three sporting events and will have to choose all correctly to win.

"It's not your grandmother's lottery game," Barden said, adding that one goal is to make the lottery more attractive to members of the millennial generation.

The move is the first by state government to cash in on a May ruling by the U.S. Supreme Court that struck down a federal law that largely prohibited sports betting outside of Nevada.

The lottery board's action also comes less than a month after Santa Ana Pueblo became the first tribe in New Mexico to offer sports betting at its casino.

Barden estimated the lottery's sports game will generate $30 million a year, with $9 million of that going to the lottery-funded tuition-assistance program for college students.

Studies released Tuesday show sports betting in New Mexico is a potentially $1.2 billion to $1.45 billion yearly business.

Dan Salzwedel, who chairs the lottery board, said the sports game will have obvious market appeal.

"This a great step forward for the lottery," Salzwedel said.

The lottery announced in July it was considering a sports game.

The game will be operated by Intralot, the lottery's contractor for its numbers games such as Powerball and Roadrunner Cash. Intralot operates lottery sports games in several other countries.

The New Mexico Lottery is the first lottery in the United States to authorize a sports game to be available at all its retail outlets, said Intralot CEO Antonios Kerastaris, who attended the lottery board's meeting Tuesday. Delaware, for example, has a lottery sports game but offers it at limited locations.

Kerastaris told the lottery board that in addition to making more money for the lottery, the sports game will bring in new lottery players.

"What we're offering here is a more engaging lottery game," he said.

Players will pick from a menu of possible outcomes for a limited number of sporting events, Barden said. The total number of possible outcomes for all the events could be 25, he said. No possible outcomes will based on games played by teams from the University of New Mexico or New Mexico State University.

Barden envisions the game being very simple, at least initially — for example, with players simply picking winners and losers of sporting events.

The game's total payout to winning players will be 58 percent of the total amount wagered by all players.

Intralot has guaranteed the lottery that the payout will not exceed 58 percent. Kerastaris said the company has a staff of more than 200 who design the menus of possible outcomes for sporting events that players choose from.

Requiring players to be correct on all picks and limiting the number of possible outcomes to choose from help make it possible for Intralot to guarantee the level of payout, Kerastaris said.

Salzwedel said the sports game will be similar to some of the pick-'em numbers games that the lottery now operates.

Still, lottery officials are nearly certain to face questions from state lawmakers and possibly other government leaders about their legal authority to offer a sports game. Some legislators also oppose any gambling expansion.

Lottery attorneys advised the board that it has a strong legal argument that the lottery can operate the sports game under the same provision in state law that permits it to run numbers games.

But Guy Clark, chairman of Stop Predatory Gambling New Mexico, said he believes the lottery needs specific authorization from the Legislature to run the sports game.

Under its compacts with gaming tribes, the state has agreed to limit off-reservation gaming in exchange for a share of the tribes' revenues from their slot machines. A state lottery is permitted under the compacts, but there is no language concerning what lottery games can be offered.

The compacts permit tribes to offer any type of so-called Class III gaming, which under federal regulations includes sports betting as well as casino-style games.

Santa Fe New Mexican

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5 comments. Last comment 7 months ago by music*.
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Coin Toss's avatar - shape barbed.jpg
100
Zeta Reticuli Star System
United States
Member #30469
January 17, 2006
11293 Posts
Offline
Posted: October 31, 2018, 11:19 am - IP Logged

And Pete Rose was barred from the Hall of Fame for gambling

Bang Head

Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

Lep

There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

    benjibanks's avatar - Lottery-062.jpg
    Los Angeles
    United States
    Member #187099
    January 12, 2018
    59 Posts
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    Posted: October 31, 2018, 1:19 pm - IP Logged

    This actually sounds like a fun game.  I hope California does something similar.

      music*'s avatar - Trek HAND1.gif
      Fresno, California
      United States
      Member #157851
      August 2, 2014
      3364 Posts
      Offline
      Posted: October 31, 2018, 6:04 pm - IP Logged

      The State of New Mexico attracts beautiful people who enjoy tourism there.

       Get Lucky while you visit!

        " Live Long and Prosper" Spock on Star Trek. A Vulcan.

        Coin Toss's avatar - shape barbed.jpg
        100
        Zeta Reticuli Star System
        United States
        Member #30469
        January 17, 2006
        11293 Posts
        Offline
        Posted: October 31, 2018, 7:06 pm - IP Logged

        First winner will be in Roswell!

        UFO Sightings Are at an All-Time High in America | Observer

        Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

        Lep

        There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

          music*'s avatar - Trek HAND1.gif
          Fresno, California
          United States
          Member #157851
          August 2, 2014
          3364 Posts
          Offline
          Posted: November 1, 2018, 12:46 pm - IP Logged

          First winner will be in Roswell!

          UFO Sightings Are at an All-Time High in America | Observer

          Green laughGood one!

            " Live Long and Prosper" Spock on Star Trek. A Vulcan.