14
September
Written by Erin.
Posted in: Casino
New Mexico has a rocky gaming history. When the IGRA was signed by Congress in 1989, it looked like New Mexico would be one of the states to get on the Indian casino bandwagon. Politics assured that wouldn’t be the situation.
The New Mexico governor Bruce King announced a task force in Nineteen Ninety to discuss an accord with New Mexico American Indian bands. When the working group came to an agreement with two 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 1995, it seemed that Indian betting in New Mexico was now a certainty. But when the new Governor passed the contract with the Amerindian bands, anti-gambling forces were able to hold the accord up in courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the accord, therefore denying the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.
It required the Compact Negotiation Act, passed by the New Mexico government, to get the process moving on a full compact amongst the Government of New Mexico and its Native tribes. A decade had been burned for gaming in New Mexico, including American Indian casino Bingo.
The not for profit Bingo industry has grown from Nineteen Ninety-Nine. In that year, New Mexico non-profit game operators brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Not for profit Bingo earnings have increased steadily since that time. 2005 witnessed the biggest year, with $1,233,289 earned by the providers.
Bingo is categorically popular in New Mexico. All sorts of owners try for a piece of the pie. Hopefully, the politicos are done batting around gambling as a key matter like they did in the 1990’s. That is probably hopeful thinking.
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