The New Mexico Racing Commission (NMRC) recently expressed support for the proposal to transfer the operating license of SunRay Park racetrack from Farmington to the eastern city of Clovis, aiming to optimize the state's horse racing industry layout and enhance economic benefits. The proposed project plans to build a modern racetrack complex on 200 acres of land in eastern Clovis, including a racetrack, grandstands, a casino, and hotel facilities, expected to bring about $14 million in annual tax revenue to the state government. The project has now entered a 45-day public comment period, and after final approval, the new racetrack is expected to commence operations in the spring of 2027, potentially redefining the horse racing industry structure in New Mexico.
Project Planning and Approval Progress
The New Mexico Racing Commission (NMRC) supports transferring the SunRay Park racetrack license from Farmington to Clovis, and the project has now entered a 45-day public comment period, with a public hearing to be held in Clovis subsequently. The planned facilities are located on 200 acres of land in eastern Clovis, including a racetrack, a grandstand for 3000 people, a casino, a hotel, and a 40-facility RV park. NMRC emphasizes that this decision is based on industry sustainability considerations and is not a denial of Farmington, with the new venue expected to open in the spring of 2027.
Economic Impact and Stakeholder Reactions
The operator of SunRay Park stated that relocating to Clovis is expected to bring stronger market opportunities, with an estimated annual generation of about $14 million in state tax revenue and boosting tourism. NMRC pointed out that there is no tribal casino competition around Clovis, whereas Farmington faces intense competition from nearby tribal casinos. The mayor of Clovis welcomed the investment, seeing it as a reflection of market confidence; however, the county mayor of Farmington expressed concerns about the loss of 120 jobs, criticizing the late notification and significant economic impact on the local economy.
Industry Background and Future Significance
This license transfer is a relocation rather than a new issuance, with New Mexico currently having five racetracks. NMRC focuses on long-term industry balance and statewide economic opportunities, believing that the relocation can increase prizes and racing days, promoting growth in the horse racing industry. If approved, Clovis will become a new center for horse racing and gambling, potentially reshaping the state's horse racing structure and promoting regional economic diversification.
