New Mexico Bingo
by Cassius on Aug.25, 2018, under Casino
New Mexico has a stormy gambling background. When the IGRA was signed by Congress in 1989, it looked like New Mexico would be one of the states to get on the American Indian casino craze. Politics assured that would not be the situation.
The New Mexico governor Bruce King assembled a panel in 1990 to negotiate a contract with New Mexico American Indian bands. When the working group arrived at an agreement with 2 important local bands a year later, the Governor declined to sign the bargain. He would hold up a deal until Nineteen Ninety Four.
When a new governor took office in 1995, it appeared that Native betting in New Mexico was now a certainty. But when the new Governor passed the compact with the Indian tribes, anti-wagering groups were able to tie the deal up in the courts. A New Mexico court found that the Governor had out stepped his bounds in signing the compact, thereby costing the government of New Mexico many hundreds of thousands of dollars in licensing revenues over the next several years.
It required the CNA, passed by the New Mexico government, to get the process moving on a full contract between the State of New Mexico and its American Indian bands. Ten years had been lost for gambling in New Mexico, including Indian casino Bingo.
The nonprofit Bingo industry has grown since 1999. In that year, New Mexico not for profit game operators acquired only $3,048 in revenues. That climbed to $725,150 in 2000, and exceeded one million dollars in 2001. Non-profit Bingo earnings have grown steadily since that time. 2005 witnessed the largest year, with $1,233,289 earned by the providers.
Bingo is certainly favored in New Mexico. All kinds of owners try for a bit of the pie. With hope, the politicians are through batting around gambling as a key factor like they did in the 90’s. That is most likely hopeful thinking.
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