22
December
Written by Lilia.
Posted in: Casino
New Mexico has a complex gambling past. When the IGRA was signed by the House in Nineteen Eighty Nine, it looked like New Mexico might be one of the states to get on the Indian casino bandwagon. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King appointed a task force in 1990 to draft a compact with New Mexico Native tribes. When the panel came to an accord with 2 important local bands a year later, Governor King refused to sign the agreement. He held up a deal until 1994.
When a new governor took over in Nineteen Ninety Five, it appeared that American Indian wagering in New Mexico was now a certainty. But when Governor Gary Johnson signed the compact with the Amerindian bands, anti-wagering forces were able to hold the contract up in courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the accord, thereby costing the government of New Mexico hundreds of thousands of dollars in licensing fees over the next several years.
It took the Compact Negotiation Act, signed by the New Mexico house, to get the process moving on a full contract between the Government of New Mexico and its American Indian tribes. A decade had been squandered for gaming in New Mexico, which includes Indian casino Bingo.
The nonprofit Bingo business has increased since 1999. In that year, New Mexico non-profit game operators acquired only $3,048. This number grew to $725,150 in 2000, and passed one million dollars in 2001. Non-profit Bingo revenues have increased constantly since that time. Two Thousand and Five saw the largest year, with $1,233,289 earned by the owners.
Bingo is certainly favored in New Mexico. All kinds of providers try for a slice of the pie. With hope, the politicians are done batting around gambling as a key matter like they did back in the 1990’s. That is most likely wishful thinking.
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