Albuquerque Journal (Albuquerque, NM)

Expo Track Contract Extended.(Final)

Byline: Leslie Linthicum Journal Staff Writer

Downs Also Runs Casino

The Downs at Albuquerque will continue to operate the racetrack and casino at the former New Mexico State Fairgrounds -- now called Expo New Mexico -- for the next six years under a contract extension awarded Tuesday.

The Downs agreed to a rent hike of about $400,000 a year and it agreed to build $4.4 million in new horse barns.

New Mexico State Fair commissioners voted unanimously to extend the Downs contract until 2010.

The contract was to expire next year, and the fair commission prior to Gov. Bill Richardson's administration had decided to put the racetrack and casino contract out to bid. …

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