New Mexico Bingo
by Jakayla on Mar.19, 2016, under Casino
New Mexico has a stormy gaming background. When the IGRA was passed by Congress in 1989, it looked like New Mexico would be one of the states to cash in on the Indian casino craze. Politics assured that wouldn’t be the situation.
The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to draft a contract with New Mexico Native bands. When the panel came to an accord with two big local bands 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 office in Nineteen Ninety Five, it appeared that Amerindian gambling in New Mexico was now a certainty. But when Governor Gary Johnson signed the compact with the Amerindian tribes, anti-gaming groups were able to hold the contract up in the courts. A New Mexico court found that Governor Johnson had overstepped his bounds in signing a deal, thereby denying the state of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It required the Compact Negotiation Act, passed by the New Mexico government, to get the ball rolling on a full accord amongst the State of New Mexico and its Indian bands. A decade had been squandered for gaming in New Mexico, including Indian casino Bingo.
The not for profit Bingo business has gotten bigger since 1999. That year, New Mexico charity game owners acquired just $3,048. That climbed to $725,150 in 2000, and surpassed one million dollars in revenues in 2001. Nonprofit Bingo revenues have increased steadily since then. Two Thousand and Five saw the greatest year, with $1,233,289 earned by the owners.
Bingo is apparently popular in New Mexico. All types of providers look for a piece of the action. With hope, the politicians are done batting around gambling as an important matter like they did in the 1990’s. That is most likely hopeful thinking.
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