19
December
Written by Erin.
Posted in: Casino
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New Mexico has a complex gaming past. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it seemed like New Mexico would be one of the states to get on the American Indian casino bandwagon. Politics assured that would not be the situation.
The New Mexico governor Bruce King announced a panel in Nineteen Ninety to negotiate an accord with New Mexico Amerindian tribes. When the task force came to an accord with two big local tribes a year later, the Governor refused to sign the bargain. He held up a deal until Nineteen Ninety Four.
When a new governor took office in Nineteen Ninety Five, it seemed that Native gaming in New Mexico was a certainty. But when the new Governor signed the contract with the Amerindian tribes, anti-wagering groups were able to tie the deal up in courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the compact, thus costing the government of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.
It required the CNA, signed by the New Mexico house, to get the ball rolling on a full compact between the Government of New Mexico and its American Indian bands. Ten years had been burned for gaming in New Mexico, including Indian casino Bingo.
The nonprofit Bingo industry has gotten bigger from Nineteen Ninety-Nine. That year, New Mexico charity game providers brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Non-profit Bingo revenues have grown steadily since that time. Two Thousand and Five saw the biggest year, with $1,233,289 earned by the owners.
Bingo is certainly popular in New Mexico. All types of owners look for a bit of the action. Hopefully, the politicians are through batting around gambling as an important factor like they did in the 90’s. That is probably wishful thinking.
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