28
August
Written by Yaritza.
Posted in: Casino
New Mexico has a complex gaming history. When the Indian Gaming Regulatory Act was signed by Congress 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 would not be the case.
The New Mexico governor Bruce King announced a task force in Nineteen Ninety to create a compact with New Mexico Native tribes. When the task force came to an agreement with 2 prominent local bands a year later, the Governor declined to sign the bargain. He held up a deal until 1994.
When a new governor took office in Nineteen Ninety Five, it appeared that American Indian wagering in New Mexico was a certainty. But when the new Governor signed the contract with the Indian tribes, anti-wagering forces were able to tie the accord up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the compact, therefore denying the government of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.
It required the Compact Negotiation Act, passed by the New Mexico legislature, to get the process moving on a full accord amongst the State of New Mexico and its Amerindian tribes. Ten years had been lost for gaming in New Mexico, including Indian casino Bingo.
The not for profit Bingo industry has gotten bigger since 1999. In that year, New Mexico non-profit game owners acquired only $3,048. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Nonprofit Bingo earnings have grown steadily since that time. 2005 saw the biggest year, with $1,233,289 earned by the providers.
Bingo is categorically popular in New Mexico. All types of providers try for a slice of the action. Hopefully, the politicos are through batting over gambling as a hot button matter like they did in the 1990’s. That is probably wishful thinking.
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