13
October
Written by Kaylen.
Posted in: Casino
[
English ]
New Mexico has a stormy gambling history. When the Indian Gaming Regulatory Act was signed by the House in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the American Indian casino craze. Politics assured that would not be the case.
The New Mexico governor Bruce King assembled a task force in Nineteen Ninety to discuss an accord with New Mexico American Indian bands. When the task force came to an accord with two big local bands a year later, the Governor refused to sign the agreement. He held up a deal until 1994.
When a new governor took over in Nineteen Ninety Five, it seemed that Indian wagering in New Mexico was now a certainty. But when Governor Gary Johnson signed the compact with the Native bands, anti-gaming groups were able to hold the contract up in courts. A New Mexico court ruled that Governor Johnson had out stepped his bounds in signing the accord, thus costing the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the CNA, signed by the New Mexico legislature, to get the ball rolling on a full contract between the State of New Mexico and its Native bands. 10 years had been squandered for gambling in New Mexico, including Native casino Bingo.
The non-profit Bingo business has gotten bigger since 1999. In that year, New Mexico not for profit game operators brought in only $3,048. This number grew to $725,150 in 2000, and surpassed a million dollars in 2001. Non-profit Bingo revenues have grown constantly since then. Two Thousand and Five saw the biggest year, with $1,233,289 grossed by the owners.
Bingo is clearly favored in New Mexico. All types of owners look for a slice of the pie. Hopefully, the politicians are done batting around gambling as a key issue like they did in the 90’s. That is without doubt wishful thinking.
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