New Mexico Bingo

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Posted by Kael | Posted in Casino | Posted on 27-10-2015

New Mexico has a stormy gambling history. 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 Amerindian casino craze. Politics assured that would not be the situation.

The New Mexico governor Bruce King announced a panel in 1990 to discuss a contract with New Mexico Native bands. When the working group arrived at an agreement with two prominent local tribes a year later, the Governor declined to sign the bargain. He held up a deal until Nineteen Ninety Four.

When a new governor took over in 1995, it appeared that American Indian wagering in New Mexico was now a certainty. But when Governor Gary Johnson signed the contract with the Amerindian tribes, anti-gambling forces were able to tie the deal up in the courts. A New Mexico court ruled that Governor Johnson had overstepped his bounds in signing the compact, thereby costing the state of New Mexico hundreds of thousands of dollars in licensing revenues over the next several years.

It took the CNA, passed by the New Mexico house, to get the process moving on a full compact amongst the State of New Mexico and its Amerindian tribes. 10 years had been squandered for gaming in New Mexico, including Indian casino Bingo.

The not for profit Bingo industry has grown since 1999. That year, New Mexico not for profit game providers acquired just $3,048 in revenues. This number grew to $725,150 in 2000, and passed one million dollars in revenues in 2001. Non-profit Bingo earnings have grown constantly since that time. 2005 saw the biggest year, with $1,233,289 grossed by the operators.

Bingo is certainly beloved in New Mexico. All kinds of owners try for a bit of the pie. With hope, the politicians are done batting over gaming as an important factor like they did back in the 1990’s. That is without doubt wishful thinking.

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