14
December
Written by Tristan.
Posted in: Casino
New Mexico has a complex gambling history. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to get on the Native casino bandwagon. Politics guaranteed that would not be the case.
The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to create a contract with New Mexico American Indian tribes. When the working group came to an accord with 2 big local tribes a year later, the Governor refused to sign the agreement. He held up a deal until Nineteen Ninety Four.
When a new governor took over in 1995, it seemed that Native wagering in New Mexico was now a certainty. But when Governor Gary Johnson signed the compact with the Indian bands, anti-gambling forces were able to hold the accord up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing a deal, therefore denying the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.
It required the CNA, passed by the New Mexico legislature, to get the process moving on a full compact between the State of New Mexico and its Indian bands. Ten years had been squandered for gaming in New Mexico, including American Indian casino Bingo.
The not for profit Bingo industry has gotten bigger since Nineteen Ninety-Nine. That year, New Mexico non-profit game owners acquired just $3,048. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Nonprofit Bingo earnings have grown constantly since then. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the owners.
Bingo is apparently popular in New Mexico. All kinds of providers look for a bit of the pie. Hopefully, the politicos are done batting around gaming as a key matter like they did in the 90’s. That is probably wishful thinking.
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