09
December
Written by Perla.
Posted in: Casino
[
English ]
New Mexico has a bitter gaming history. When the Indian Gaming Regulatory Act was passed by Congress in Nineteen Eighty Nine, it seemed like New Mexico might be one of the states to cash in on the Native casino bandwagon. Politics assured that wouldn’t be the case.
The New Mexico governor Bruce King assembled a working group in 1990 to draft a contract with New Mexico Indian bands. When the working group arrived at an accord with two important local bands a year later, Governor King refused to sign the agreement. He would hold up a deal until Nineteen Ninety Four.
When a new governor took over in Nineteen Ninety Five, it seemed that Indian wagering in New Mexico was now a certainty. But when the new Governor passed the contract with the American Indian bands, anti-gambling groups 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, therefore costing the state of New Mexico 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 accord between the Government of New Mexico and its Indian bands. A decade had been squandered for gambling in New Mexico, which includes Indian casino Bingo.
The non-profit Bingo business has grown since 1999. In that year, New Mexico charity game owners acquired just $3,048 in revenues. 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. 2005 witnessed the largest year, with $1,233,289 earned by the owners.
Bingo is certainly beloved in New Mexico. All kinds of operators try for a piece of the pie. With hope, the politicians are done batting around gaming as a hot button matter like they did in the 90’s. That is most likely wishful thinking.
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