13
December
Written by Cyrus.
Posted in: Casino
New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to get on the Indian casino craze. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King assembled a working group in 1990 to create a compact with New Mexico Indian tribes. When the working group arrived at an accord with 2 important local bands a year later, Governor King refused to sign the bargain. He held up a deal until 1994.
When a new governor took office in Nineteen Ninety Five, it seemed that Indian gambling in New Mexico was a certainty. But when Governor Gary Johnson signed the contract with the American Indian tribes, anti-gaming forces were able to hold the accord up in courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the compact, therefore costing the state of New Mexico many 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 accord amongst the Government of New Mexico and its Amerindian bands. A decade had been burned for gaming in New Mexico, including Amerindian casino Bingo.
The nonprofit Bingo business has increased from 1999. In that year, New Mexico not for profit game operators brought in only $3,048 in revenues. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Non-profit Bingo earnings have increased constantly since that time. Two Thousand and Five saw the largest year, with $1,233,289 grossed by the owners.
Bingo is apparently beloved in New Mexico. All sorts of owners look for a bit of the action. With hope, the politicos are done batting over gaming as an important matter like they did back in the 90’s. That’s most likely wishful thinking.
Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.
You must be logged in to post a comment.