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New Mexico Bingo

Written by Kaylen. No comments Posted in: Casino

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New Mexico has a rocky gaming background. When the Indian Gaming Regulatory Act was signed by Congress in 1989, it looked like New Mexico might be one of the states to cash in on the Indian casino craze. Politics assured that wouldn’t be the situation.

The New Mexico governor Bruce King appointed a working group in Nineteen Ninety to discuss a contract with New Mexico American Indian tribes. When the task force came to an accord with two prominent local bands a year later, Governor King declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.

When a new governor took over in Nineteen Ninety Five, it seemed that Amerindian gaming in New Mexico was now a certainty. But when Governor Gary Johnson signed the compact with the Indian bands, anti-gaming groups were able to tie the contract up in courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing a deal, thereby costing the government of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It required the CNA, signed by the New Mexico legislature, to get the ball rolling on a full compact amongst the Government of New Mexico and its Indian tribes. 10 years had been lost for gambling in New Mexico, which includes American Indian casino Bingo.

The non-profit Bingo business has increased from 1999. That year, New Mexico non-profit game operators acquired just $3,048. That climbed to $725,150 in 2000, and passed a million dollars in revenues in 2001. Non-profit Bingo earnings have grown steadily since that time. 2005 witnessed the largest year, with $1,233,289 earned by the providers.

Bingo is clearly popular in New Mexico. All types of operators try for a slice of the action. With hope, the politicos are done batting over gambling as a key matter like they did in the 1990’s. That’s most likely hopeful thinking.

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