21
March
Written by Keegan.
Posted in: Casino
[
English ]
New Mexico has a stormy gaming background. When the Indian Gaming Regulatory Act was passed by Congress in 1989, it looked like New Mexico might be one of the states to get on the Indian casino bandwagon. Politics assured that would not be the situation.
The New Mexico governor Bruce King announced a task force in Nineteen Ninety to draft an accord with New Mexico Amerindian tribes. When the task force arrived at an agreement with two prominent local tribes a year later, the Governor refused to sign the agreement. He held up a deal until Nineteen Ninety Four.
When a new governor took over in Nineteen Ninety Five, it appeared that Amerindian betting in New Mexico was a certainty. But when the new Governor signed the accord with the Amerindian bands, anti-gaming groups were able to hold the accord up in the courts. A New Mexico court found that the Governor had overstepped his bounds in signing the compact, thereby denying the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It required the CNA, signed by the New Mexico government, to get the ball rolling on a full contract amongst the Government of New Mexico and its Native tribes. Ten years had been lost for gaming in New Mexico, which includes American Indian casino Bingo.
The not for profit Bingo business has gotten bigger since Nineteen Ninety-Nine. That year, New Mexico not for profit game providers acquired just $3,048. This number grew to $725,150 in 2000, and surpassed a million dollars in 2001. Nonprofit Bingo revenues have grown constantly since then. 2005 witnessed the largest year, with $1,233,289 grossed by the providers.
Bingo is apparently favored in New Mexico. All types of owners look for a bit of the action. With hope, the politicos are through batting over gaming as an important factor like they did in the 1990’s. That’s probably wishful thinking.
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