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New Mexico Bingo

Written by Tristan. No comments Posted in: Casino

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New Mexico has a bitter gaming history. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it seemed like New Mexico might be one of the states to get on the American Indian casino craze. Politics guaranteed that would not be the situation.

The New Mexico governor Bruce King appointed a panel in 1990 to negotiate a compact with New Mexico Indian tribes. When the task force came to an accord with 2 big local bands a year later, Governor King declined to sign the agreement. He would hold up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it appeared that American Indian wagering in New Mexico was now a certainty. But when the new Governor signed the compact with the Indian bands, anti-wagering groups were able to tie the deal up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing the accord, thereby costing the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, passed by the New Mexico legislature, to get the ball rolling on a full accord amongst the State of New Mexico and its Indian bands. Ten years had been squandered for gambling in New Mexico, including Native casino Bingo.

The not for profit Bingo business has grown from 1999. In that year, New Mexico non-profit game operators brought in only $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed a million dollars in 2001. Not for profit Bingo revenues have grown constantly since then. Two Thousand and Five saw the biggest year, with $1,233,289 grossed by the operators.

Bingo is apparently popular in New Mexico. All types of owners try for a bit of the action. Hopefully, the politicos are done batting around gaming as an important matter like they did back in the 1990’s. That is without doubt wishful thinking.

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