29
October
Written by Tristan.
Posted in: Casino
New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it seemed like New Mexico might be one of the states to get on the Native casino bandwagon. Politics guaranteed that would not be the situation.
The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to create a contract with New Mexico Indian tribes. When the task force arrived at an accord with two prominent 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 1995, it appeared that American Indian gaming in New Mexico was now a certainty. But when Governor Gary Johnson signed the contract with the Native bands, anti-gaming groups 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 deal, thereby costing the government of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.
It required the Compact Negotiation Act, passed by the New Mexico house, to get the ball rolling on a full contract amongst the State of New Mexico and its Native tribes. Ten years had been burned for gambling in New Mexico, including Native casino Bingo.
The nonprofit Bingo industry has grown since 1999. That year, New Mexico not for profit game providers acquired only $3,048. This number grew to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Not for profit Bingo revenues have increased constantly since that time. 2005 saw the biggest year, with $1,233,289 grossed by the operators.
Bingo is clearly beloved in New Mexico. All sorts of owners try for a piece of the pie. Hopefully, the politicians are through batting over gambling as an important matter like they did back in the 90’s. That’s probably hopeful thinking.
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