06
November
Written by Cyrus.
Posted in: Casino
[
English ]
New Mexico has a bitter gambling history. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it seemed like New Mexico might be one of the states to cash in on the Amerindian casino bandwagon. Politics guaranteed that would not be the case.
The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to negotiate a compact with New Mexico Amerindian tribes. When the task force came to an agreement with 2 prominent local tribes a year later, Governor King refused to sign the agreement. He held up a deal until Nineteen Ninety Four.
When a new governor took over in 1995, it appeared that American Indian wagering in New Mexico was now a certainty. But when Governor Gary Johnson passed the accord with the Native bands, anti-gambling groups were able to tie the contract up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the compact, therefore costing the state 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 government, to get the ball rolling on a full accord amongst the Government of New Mexico and its Amerindian bands. Ten years had been squandered for gaming in New Mexico, which includes American Indian casino Bingo.
The not for profit Bingo business has gotten bigger since Nineteen Ninety-Nine. In that year, New Mexico non-profit game owners brought in only $3,048. This number grew to $725,150 in 2000, and surpassed one million dollars in 2001. Not for profit Bingo revenues have increased steadily since then. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the owners.
Bingo is clearly favored in New Mexico. All sorts of owners look for a bit of the action. With hope, the politicians are done batting over gaming as a hot button factor like they did back in the 1990’s. That is most likely wishful thinking.
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