27
March
Written by Lilia.
Posted in: Casino
[
English ]
New Mexico has a stormy gaming background. When the Indian Gaming Regulatory Act was passed by the House in 1989, it looked like New Mexico would be one of the states to get on the Native casino bandwagon. Politics guaranteed that wouldn’t be the situation.
The New Mexico governor Bruce King assembled a working group in 1990 to discuss an accord with New Mexico Indian tribes. When the working group came to an agreement with two prominent local tribes a year later, Governor King declined to sign the agreement. He held up a deal until 1994.
When a new governor took office in Nineteen Ninety Five, it seemed that Amerindian gambling in New Mexico was a certainty. But when the new Governor passed the compact with the American Indian tribes, anti-wagering forces were able to tie the accord up in courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the accord, thereby 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 house, to get the ball rolling on a full compact between the Government of New Mexico and its Amerindian bands. A decade had been squandered for gaming in New Mexico, which includes Native casino Bingo.
The not for profit Bingo business has gotten bigger from 1999. That year, New Mexico non-profit game providers acquired only $3,048. That climbed to $725,150 in 2000, and exceeded one million dollars in revenues in 2001. Non-profit Bingo earnings have grown steadily since then. Two Thousand and Five witnessed the biggest year, with $1,233,289 earned by the owners.
Bingo is categorically favored in New Mexico. All types of providers try for a slice of the pie. Hopefully, the politicians are done batting around gaming as a key issue like they did back in the 90’s. That’s probably hopeful thinking.
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