09
August
Written by Lucy.
Posted in: Casino
New Mexico has a rocky gambling background. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it looked like New Mexico might be one of the states to cash in on the American Indian casino bandwagon. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King announced a working group in 1990 to draft a contract with New Mexico Amerindian bands. When the working group arrived at an agreement with 2 important local tribes a year later, the Governor refused to sign the agreement. He would hold up a deal until 1994.
When a new governor took over in Nineteen Ninety Five, it appeared that Amerindian gambling in New Mexico was a certainty. But when the new Governor passed the contract with the Amerindian bands, anti-gaming forces were able to hold the accord up in courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing a deal, thereby denying the state of New Mexico many hundreds of thousands of dollars in licensing fees over the next several years.
It required the CNA, signed by the New Mexico house, to get the ball rolling on a full contract between the State of New Mexico and its Amerindian tribes. Ten years had been burned for gaming in New Mexico, including Amerindian casino Bingo.
The non-profit Bingo industry has grown from Nineteen Ninety-Nine. That year, New Mexico not for profit game operators brought in just $3,048. That climbed to $725,150 in 2000, and passed one million dollars in revenues in 2001. Not for profit Bingo revenues have grown constantly since then. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the owners.
Bingo is certainly popular in New Mexico. All types of owners try for a piece of the pie. With hope, the politicos are done batting over gaming as a hot button factor like they did in the 1990’s. That is most likely wishful thinking.
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