10
August
Written by Tristan.
Posted in: Casino
New Mexico has a rocky gaming past. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to get on the Indian casino bandwagon. Politics guaranteed that would not be the situation.
The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to draft a compact with New Mexico Amerindian bands. When the working group came to an accord with 2 prominent local tribes a year later, Governor King declined to sign the bargain. He held up a deal until Nineteen Ninety Four.
When a new governor took office in Nineteen Ninety Five, it appeared that Amerindian betting in New Mexico was a certainty. But when the new Governor passed the contract with the Indian tribes, anti-wagering 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 accord, thus denying the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the Compact Negotiation Act, passed by the New Mexico government, to get the process moving on a full accord between the Government of New Mexico and its Amerindian tribes. A decade had been burned for gaming in New Mexico, including Native casino Bingo.
The nonprofit Bingo industry has gotten bigger since Nineteen Ninety-Nine. In that year, New Mexico not for profit game owners acquired only $3,048. This number grew to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Non-profit Bingo earnings have grown steadily since that time. 2005 witnessed the greatest year, with $1,233,289 earned by the owners.
Bingo is clearly beloved in New Mexico. All kinds of owners try for a bit of the action. Hopefully, the politicians are through batting around gaming as an important issue like they did back in the 90’s. That’s without doubt hopeful thinking.
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