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07
September

New Mexico Bingo

Written by Cyrus. No comments Posted in: Casino

New Mexico has a bitter gambling background. When the IGRA was signed by the House in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to get on the Indian casino craze. Politics guaranteed that would not be the case.

The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to create an accord with New Mexico Native tribes. When the panel arrived at an agreement with two prominent local bands a year later, Governor King declined to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it appeared that Amerindian wagering in New Mexico was now a certainty. But when the new Governor passed the compact with the Indian tribes, anti-gambling forces were able to hold the contract up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing a deal, therefore costing the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.

It took the CNA, passed by the New Mexico government, to get the ball rolling on a full accord amongst the State of New Mexico and its American Indian bands. A decade had been lost for gaming in New Mexico, including Amerindian casino Bingo.

The nonprofit Bingo industry has increased from Nineteen Ninety-Nine. In that year, New Mexico not for profit game owners acquired only $3,048 in revenues. 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. 2005 witnessed the biggest year, with $1,233,289 earned by the owners.

Bingo is apparently beloved in New Mexico. All sorts of providers look for a piece of the action. With hope, the politicians are through batting over gambling as an important issue like they did back in the 90’s. That’s most likely wishful thinking.

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