05
December
Written by Yaritza.
Posted in: Casino
[
English ]
New Mexico has a stormy gaming background. 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 wouldn’t be the situation.
The New Mexico governor Bruce King assembled a task force in Nineteen Ninety to create a contract with New Mexico Amerindian tribes. When the task force arrived at an agreement with 2 prominent local bands a year later, Governor King declined to sign the bargain. He would hold up a deal until 1994.
When a new governor took office in 1995, it seemed that Indian betting in New Mexico was a certainty. But when Governor Gary Johnson passed the compact with the Native bands, anti-gambling groups were able to tie the accord up in the courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the compact, thus denying 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 house, to get the ball rolling on a full contract amongst the Government of New Mexico and its American Indian tribes. Ten years had been squandered for gambling in New Mexico, including Amerindian casino Bingo.
The nonprofit Bingo industry has grown from 1999. In that year, New Mexico non-profit game operators acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded a million dollars in revenues in 2001. Not for profit Bingo earnings have grown steadily since then. 2005 witnessed the largest year, with $1,233,289 grossed by the providers.
Bingo is certainly beloved in New Mexico. All kinds of operators try for a slice of the pie. With hope, the politicians are through batting around gaming as a key issue like they did in the 90’s. That’s most likely wishful thinking.
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