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New Mexico Bingo

Written by Keegan. No comments Posted in: Casino

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New Mexico has a rocky gaming past. When the IGRA was signed by the House in 1989, it seemed like New Mexico would be one of the states to get on the American Indian casino craze. Politics assured that would not be the case.

The New Mexico governor Bruce King appointed a task force in Nineteen Ninety to discuss a contract with New Mexico Native tribes. When the working group came to an agreement with 2 big local bands a year later, Governor King refused to sign the bargain. He would hold up a deal until 1994.

When a new governor took office in Nineteen Ninety Five, it seemed that American Indian gambling in New Mexico was now a certainty. But when the new Governor signed the compact with the Native bands, anti-gaming 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 compact, thereby costing the state 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 house, to get the ball rolling on a full compact amongst the Government of New Mexico and its Native bands. A decade had been squandered for gaming in New Mexico, including Indian casino Bingo.

The not for profit Bingo business has increased since Nineteen Ninety-Nine. In that year, New Mexico not for profit game providers acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and passed a million dollars in revenues in 2001. Not for profit Bingo revenues have increased constantly since that time. 2005 saw the largest year, with $1,233,289 grossed by the providers.

Bingo is categorically favored in New Mexico. All sorts of operators try for a bit of the action. With hope, the politicians are through batting around gaming as a hot button matter like they did back in the 1990’s. That’s without doubt wishful thinking.

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