03
October
Written by Yaritza.
Posted in: Casino
New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was passed by the House in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to cash in on the Indian casino bandwagon. Politics guaranteed that would not be the case.
The New Mexico governor Bruce King announced a panel in 1990 to draft a contract with New Mexico Amerindian bands. When the task force came to an accord with two important local bands a year later, Governor King declined to sign the bargain. He held up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it appeared that Native gaming in New Mexico was now a certainty. But when the new Governor passed the compact with the Amerindian bands, anti-gaming forces were able to tie the contract up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the compact, thereby denying the state of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the Compact Negotiation Act, passed by the New Mexico house, to get the ball rolling on a full compact between the State of New Mexico and its American Indian bands. A decade had been burned for gaming in New Mexico, which includes Indian casino Bingo.
The not for profit Bingo business has grown since Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers acquired only $3,048. That climbed to $725,150 in 2000, and exceeded a million dollars in 2001. Non-profit Bingo earnings have grown steadily since that time. 2005 witnessed the greatest year, with $1,233,289 grossed by the owners.
Bingo is apparently beloved in New Mexico. All kinds of providers look for a bit of the pie. With hope, the politicians are done batting around gaming as a hot button matter like they did in the 90’s. That is probably wishful thinking.
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