19
March
Written by Yaritza.
Posted in: Casino
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New Mexico has a rocky gambling past. When the Indian Gaming Regulatory Act was passed by the House in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the Amerindian casino bandwagon. Politics assured that wouldn’t be the case.
The New Mexico governor Bruce King appointed a panel in Nineteen Ninety to draft a contract with New Mexico American Indian tribes. When the task force came to an agreement with two important local tribes a year later, the Governor refused to sign the bargain. He would hold up a deal until Nineteen Ninety Four.
When a new governor took over in Nineteen Ninety Five, it appeared that Amerindian wagering in New Mexico was a certainty. But when Governor Gary Johnson passed the contract with the Amerindian bands, anti-gambling forces were able to hold the accord up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing the accord, therefore denying the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the Compact Negotiation Act, signed by the New Mexico government, to get the ball rolling on a full compact between the Government of New Mexico and its Native tribes. Ten years had been lost for gaming in New Mexico, including American Indian casino Bingo.
The nonprofit Bingo industry has increased from 1999. In that year, New Mexico non-profit game operators brought in just $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Not for profit Bingo revenues have increased constantly since that time. Two Thousand and Five witnessed the biggest year, with $1,233,289 grossed by the operators.
Bingo is categorically favored in New Mexico. All sorts of operators try for a slice of the action. Hopefully, the politicos are through batting over gaming as an important factor like they did in the 90’s. That’s most likely hopeful thinking.
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