04
August
Written by Lilia.
Posted in: Casino
New Mexico has a rocky gaming past. When the IGRA was passed by the House in Nineteen Eighty Nine, it looked like New Mexico would be one of the states to cash in on the Amerindian casino bandwagon. Politics guaranteed that would not be the situation.
The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to discuss a contract with New Mexico Amerindian bands. When the task force arrived at an agreement with two prominent local tribes 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 betting in New Mexico was now a certainty. But when the new Governor passed the compact with the American Indian tribes, anti-gambling groups were able to hold the accord up in the courts. A New Mexico court ruled that the Governor had out stepped his bounds in signing the accord, thus 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 compact amongst the State of New Mexico and its Amerindian tribes. A decade had been squandered for gambling in New Mexico, which includes Amerindian casino Bingo.
The nonprofit Bingo business has increased since Nineteen Ninety-Nine. In that year, New Mexico not for profit game operators brought in just $3,048. This number grew to $725,150 in 2000, and surpassed a million dollars in revenues in 2001. Non-profit Bingo revenues have grown constantly since then. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the providers.
Bingo is clearly favored in New Mexico. All kinds of owners try for a slice of the action. With hope, the politicos are done batting over gaming as a hot button factor like they did in the 1990’s. That’s most likely wishful thinking.
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