New Mexico racing regulators are set to decide if they will issue the state’s sixth and final license for a horse racetrack and casino. The New Mexico Racing Commission today also could name the winning bid for the final license despite objections from New Mexico’s five existing “racinos.” Under the state’s compacts with casino-operating tribes, only six racinos are allowed in New Mexico. The five existing racinos are in Hobbs, Ruidoso, Farmington, Albuquerque, and Sunland Park. There are three proposals out of Clovis, including one involving a “moving grandstand” that will allow an audience to travel alongside running horses. One project is proposed for Tucumcari along the historic Route 66 – and one in Lordsburg near New Mexico’s Bootheel. The meeting is set to begin at 10:30 this morning and an announcement is expected to be made by midday.