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New Mexico Bingo

Written by Perla. 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 would be one of the states to cash in on the Amerindian casino craze. Politics assured that would not be the case.

The New Mexico governor Bruce King announced a panel in 1990 to draft a contract with New Mexico Native bands. When the working group came to an accord with 2 big local bands a year later, Governor King refused to sign the agreement. He held up a deal until Nineteen Ninety Four.

When a new governor took office in Nineteen Ninety Five, it appeared that Indian betting in New Mexico was now a certainty. But when Governor Gary Johnson passed the accord with the Indian tribes, anti-wagering groups were able to hold the accord up in the courts. A New Mexico court ruled that the Governor had overstepped his bounds in signing the deal, thereby costing the government of New Mexico 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 process moving on a full contract amongst the Government of New Mexico and its American Indian bands. A decade had been lost for gambling in New Mexico, including Indian casino Bingo.

The not for profit Bingo industry has grown from 1999. In that year, New Mexico charity game providers acquired only $3,048 in revenues. This number grew to $725,150 in 2000, and exceeded one million dollars in 2001. Not for profit Bingo earnings have increased steadily since then. Two Thousand and Five witnessed the largest year, with $1,233,289 earned by the operators.

Bingo is apparently popular in New Mexico. All sorts of operators try for a piece of the pie. With hope, the politicians are done batting around gaming as a key factor like they did back in the 90’s. That is probably hopeful thinking.

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