Ruidoso Downs proposing track move

SANTA FE, N.M. (AP) - Ruidoso Downs is asking a state regulator to allow the horse racing track to move to Las Cruces.

Ruidoso Downs General Manager Ann McGovern said Monday the track and its casino is losing money because of competition from Indian casinos.

Racing Commission Executive Director Julian Luna said there's no timetable yet for deciding the proposed relocation.

McGovern said the track will seek a tax break from the Legislature next year and the track will stay in Ruidoso if the measure is enacted. The relocation is being proposed to the state Racing Commission so the move to Las Cruces could occur if the tax legislation fails.

The track is the home of the All American Futurity, the richest event in quarter horse racing.