12
August
Written by Tristan.
Posted in: Casino
New Mexico has a bitter gambling background. When the Indian Gaming Regulatory Act was passed by the House 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 wouldn’t be the situation.
The New Mexico governor Bruce King assembled a task force in Nineteen Ninety to discuss a contract with New Mexico Native tribes. When the task force arrived at an agreement with two prominent local tribes a year later, the Governor declined to sign the agreement. He held up a deal until Nineteen Ninety Four.
When a new governor took over in Nineteen Ninety Five, it appeared that Native wagering in New Mexico was a certainty. But when Governor Gary Johnson signed the compact with the American Indian bands, anti-gaming forces were able to hold the accord up in courts. A New Mexico court found that the Governor had out stepped his bounds in signing the compact, thereby denying the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It took the CNA, signed by the New Mexico government, to get the ball rolling on a full contract between the State of New Mexico and its Indian bands. Ten years had been squandered for gambling in New Mexico, including Native casino Bingo.
The nonprofit Bingo business has increased from Nineteen Ninety-Nine. That year, New Mexico non-profit game providers brought in just $3,048 in revenues. This number grew to $725,150 in 2000, and passed a million dollars in revenues in 2001. Nonprofit Bingo earnings have grown constantly since then. Two Thousand and Five witnessed the greatest year, with $1,233,289 grossed by the owners.
Bingo is certainly popular in New Mexico. All sorts of owners look for a piece of the action. With hope, the politicos are done batting around gaming as an important issue like they did back in the 90’s. That is without doubt wishful thinking.
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