29
December
Written by Tristan.
Posted in: Casino
New Mexico has a rocky gambling past. When the Indian Gaming Regulatory Act was passed by the House 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 would not be the situation.
The New Mexico governor Bruce King announced a panel in 1990 to negotiate a contract with New Mexico American Indian bands. When the working group came to an agreement with two important local tribes a year later, Governor King refused to sign the bargain. He held up a deal until 1994.
When a new governor took office in 1995, it seemed that Indian gaming in New Mexico was now a certainty. But when Governor Gary Johnson passed the compact with the American Indian bands, anti-gambling groups were able to hold the accord up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the deal, thereby denying the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It required the CNA, signed by the New Mexico legislature, to get the process moving on a full compact between the State of New Mexico and its Indian bands. A decade had been squandered for gambling in New Mexico, including Amerindian casino Bingo.
The non-profit Bingo industry has increased since Nineteen Ninety-Nine. In that year, New Mexico non-profit game owners brought in only $3,048 in revenues. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Not for profit Bingo earnings have increased constantly since that time. 2005 saw the largest year, with $1,233,289 earned by the owners.
Bingo is certainly popular in New Mexico. All sorts of providers try for a slice of the action. Hopefully, the politicos are through batting over gambling as a key matter like they did back in the 90’s. That’s most likely hopeful thinking.
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