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07
November

Bingo in New Mexico

Written by Tristan. No comments Posted in: Casino

New Mexico has a rocky gaming history. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it looked like New Mexico might be one of the states to cash in on the Indian casino bandwagon. Politics assured that would not be the case.

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

When a new governor took office in Nineteen Ninety Five, it seemed that Indian wagering in New Mexico was a certainty. But when Governor Gary Johnson passed the compact with the Native tribes, anti-wagering forces were able to hold the contract up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, thereby denying the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.

It required the Compact Negotiation Act, passed by the New Mexico legislature, to get the process moving on a full accord amongst the State of New Mexico and its Amerindian bands. Ten years had been squandered for gambling in New Mexico, including American Indian casino Bingo.

The not for profit Bingo industry has gotten bigger from Nineteen Ninety-Nine. In that year, New Mexico not for profit game operators brought in only $3,048. This number grew to $725,150 in 2000, and passed one million dollars in revenues in 2001. Not for profit Bingo revenues have increased constantly since then. Two Thousand and Five saw the biggest year, with $1,233,289 grossed by the operators.

Bingo is apparently beloved in New Mexico. All sorts of providers try for a piece of the pie. Hopefully, the politicians are through batting around gaming as a key matter like they did back in the 1990’s. That’s most likely hopeful thinking.

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