The racetrack which will be called La Posada del Llano, is set to include a casino, luxury hotel, 18-hole golf course and a water park.

“We believe that eastern New Mexico has tremendous potential to attract visitors from throughout the area, including from nearby Amarillo, Lubbock, and other parts of western Texas,” noted Daniel R. Lee, President and Chief Executive Officer of Full House Resorts.

“We are proposing to build an entire regional destination resort, entailing much more than just a racetrack and casino.  Such a development will produce more jobs, more development, greater tax revenues, and larger horseracing purses, while also becoming a major attraction and amenity for the region."

Full House currently owns five casino resorts in the US; Bronco Billy's Casino and Hotel in Cripple Creek, Colorado, Rising Star Casino Resort in Rising Sun, Indiana, Grand Lodge Casino Incline Village, Nevada, Silver Slipper Casino in Lakeshore, Mississippi and Stockman's Casino in Fallon, Nevada. The operator also previously owned two casinos in New Mexico.