08
February
Written by Cyrus.
Posted in: Casino
[
English ]
New Mexico has a complex gaming history. When the Indian Gaming Regulatory Act was signed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the Native casino bandwagon. Politics guaranteed that would not be the case.
The New Mexico governor Bruce King assembled a working group in 1990 to create a contract with New Mexico Amerindian bands. When the panel came to an agreement with 2 prominent local bands a year later, Governor King declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.
When a new governor took over in Nineteen Ninety Five, it appeared that Amerindian wagering in New Mexico was now a certainty. But when Governor Gary Johnson passed the contract with the Indian bands, anti-wagering forces were able to hold the deal up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing the compact, thus costing the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the CNA, signed by the New Mexico house, to get the ball rolling on a full contract between the State of New Mexico and its Indian tribes. Ten years had been burned for gaming in New Mexico, including Indian casino Bingo.
The not for profit Bingo industry has grown from 1999. In that year, New Mexico non-profit game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Nonprofit Bingo revenues have increased constantly since that time. Two Thousand and Five witnessed the biggest year, with $1,233,289 earned by the operators.
Bingo is categorically popular in New Mexico. All kinds of operators try for a slice of the pie. Hopefully, the politicians are done batting over gambling as a key matter like they did in the 1990’s. That’s most likely hopeful thinking.
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