AN ACT
RELATING TO GAMING; REMOVING THE UPPER
LIMIT ON PAYBACK VALUE FOR GAMING MACHINE WAGERS; AMENDING A SECTION OF THE
GAMING CONTROL ACT.
BE IT ENACTED BY THE LEGISLATURE OF
THE STATE OF NEW MEXICO:
Section 1. Section 60-2E-44 NMSA 1978 (being Laws 1997,
Chapter 190, Section 46, as amended) is amended to read:
"60-2E-44. MACHINE SPECIFICATIONS.--To be eligible for
licensure, each gaming machine shall meet all specifications established by
regulations of the board and:
A. be unable to be manipulated in a manner that
affects the random probability of winning plays or in any other manner
determined by the board to be undesirable;
B. have at least one mechanism that accepts
coins or currency;
C. be capable of having play suspended through
the central system by the executive director until he resets the gaming
machine;
D. house nonresettable mechanical and electronic
meters within a readily accessible locked area of the gaming machine that
maintain a permanent record of all money inserted into the machine, all cash
payouts of winnings, all refunds of winnings, all credits played for additional
games and all credits won by players;
E. be capable of printing out, at the request of
the executive director, readings on the electronic meters of the machine;
F. for machines that do not dispense coins or
tokens directly to players, be capable of printing a ticket voucher stating the
value of a cash prize won by the player at the completion of each game, the
date and time of day the game was played in a twenty-four-hour format showing
hours and minutes, the machine serial number, the sequential number of the
ticket voucher and an encrypted validation number for determining the validity
of a winning ticket voucher;
G. be capable of being linked to the board's
central system for the purpose of being monitored continuously as required by
the board;
H. provide for a payback value for each credit
wagered, determined over time, of not less than eighty percent;
I. meet the standards and specifications set by
laws or regulations of the states of Nevada and New Jersey for gaming machines,
whichever are more stringent;
J. offer only games authorized and examined by
the board; and
K. display the gaming machine license issued for
that machine in an easily accessible place, before and during the time that a
machine is available for use."