15
August
Written by Perla.
Posted in: Casino
New Mexico has a stormy gaming background. When the Indian Gaming Regulatory Act was passed by the House in Nineteen Eighty Nine, it seemed like New Mexico would be one of the states to get on the Indian casino craze. Politics guaranteed that wouldn’t be the case.
The New Mexico governor Bruce King announced a panel in Nineteen Ninety to draft a contract with New Mexico Native bands. When the task force arrived at an agreement with 2 prominent local tribes a year later, the Governor refused to sign the agreement. He would hold up a deal until 1994.
When a new governor took over in Nineteen Ninety Five, it appeared that Amerindian gambling in New Mexico was now a certainty. But when Governor Gary Johnson signed the contract with the Amerindian bands, anti-wagering forces were able to tie the accord up in courts. A New Mexico court found that Governor Johnson had out stepped his bounds in signing the accord, thereby denying the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It took the Compact Negotiation Act, passed by the New Mexico legislature, to get the ball rolling on a full compact amongst the State of New Mexico and its Amerindian bands. A decade had been squandered for gaming in New Mexico, including Amerindian casino Bingo.
The non-profit Bingo industry has increased since Nineteen Ninety-Nine. In that year, New Mexico non-profit game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and passed a million dollars in 2001. Non-profit Bingo earnings have increased steadily since that time. Two Thousand and Five saw the largest year, with $1,233,289 earned by the owners.
Bingo is categorically favored in New Mexico. All types of owners look for a slice of the pie. Hopefully, the politicos are through batting over gaming as a key issue like they did back in the 1990’s. That is probably wishful thinking.
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