26
April
Written by Tristan.
Posted in: Casino
New Mexico has a complex gaming background. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to get on the Native casino craze. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to draft a contract with New Mexico American Indian tribes. When the task force came to an agreement with two big local tribes a year later, the Governor declined to sign the agreement. He would hold up a deal until 1994.
When a new governor took office in Nineteen Ninety Five, it seemed that Indian gambling in New Mexico was a certainty. But when the new Governor signed the compact with the Native tribes, anti-gambling forces were able to hold the contract up in courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the compact, thus costing the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It took the CNA, passed by the New Mexico government, to get the process moving on a full accord between the Government of New Mexico and its Native tribes. 10 years had been lost for gaming in New Mexico, which includes Indian casino Bingo.
The not for profit Bingo industry has gotten bigger from Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers brought in only $3,048 in revenues. That climbed to $725,150 in 2000, and passed a million dollars in revenues in 2001. Nonprofit Bingo earnings have increased constantly since that time. Two Thousand and Five saw the largest year, with $1,233,289 earned by the operators.
Bingo is clearly beloved in New Mexico. All sorts of providers try for a slice of the pie. Hopefully, the politicians are through batting around gaming as a key issue like they did back in the 90’s. That is most likely wishful thinking.
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