15
April
Written by Cyrus.
Posted in: Casino
New Mexico has a bitter gaming history. 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 American Indian casino bandwagon. Politics guaranteed that wouldn’t be the case.
The New Mexico governor Bruce King appointed a task force in 1990 to negotiate a compact with New Mexico American Indian bands. When the panel arrived at an accord with 2 big local tribes a year later, the Governor declined to sign the bargain. He held up a deal until 1994.
When a new governor took office in Nineteen Ninety Five, it appeared that Indian betting in New Mexico was a certainty. But when the new Governor passed the contract with the Native tribes, anti-gaming groups were able to tie the contract up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing a deal, thereby costing the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It required the Compact Negotiation Act, signed by the New Mexico legislature, to get the ball rolling on a full accord amongst the Government of New Mexico and its Amerindian bands. A decade had been squandered for gaming in New Mexico, including Indian casino Bingo.
The nonprofit Bingo business has increased since Nineteen Ninety-Nine. That year, New Mexico non-profit game providers brought in only $3,048. That climbed to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Not for profit Bingo earnings have increased steadily since that time. 2005 saw the largest year, with $1,233,289 earned by the providers.
Bingo is categorically favored in New Mexico. All types of providers try for a slice of the pie. With hope, the politicians are through batting over gaming as a hot button factor like they did in the 1990’s. That’s probably hopeful thinking.
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